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Apple Is TSMC's Largest Customer; Their Business Love Story Started Over Chinese Food — But Will Their Relationship Change Dramatically in 2025?
Monday, February 10, 2025 - 9:01pm | 816A surprise dinner at Morris Chang's home in 2010 set the stage for one of the most consequential business relationships in the tech industry—one that made Apple Inc. (NASDAQ:AAPL) the biggest client of Taiwan Semiconductor Manufacturing Ltd. (NYSE:TSMC). What Happened: In a podcast, Chang, who is...
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Apple Supplier Foxconn Launches Rotating CEO Strategy For 'Succession Planning'
Wednesday, April 17, 2024 - 10:45am | 384Apple Inc (NASDAQ:AAPL) supplier Foxconn, based in Taiwan, has introduced a rotating CEO system this month as part of a comprehensive management restructuring plan to prepare for future leadership. This significant change reveals Foxconn’s intention to separate the CEO and chairperson roles...
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Taiwan's Political Future Hangs In Balance As These Three Factions Battle To Replace Tsai Ing-Wen
Monday, November 27, 2023 - 6:46am | 667Taiwan’s major opposition parties are vying for power, aiming to unseat the ruling Democratic Progressive Party (DPP) in the upcoming 2024 elections. This political shakeup comes as billionaire and Apple supplier Foxconn’s founder drops out of the presidential race. What...
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Apple Supplier Foxconn's Terry Gou Abandons Taiwan Presidential Race Following Disagreement With Opposition
Friday, November 24, 2023 - 5:48am | 497In a surprising development, Foxconn (OTC:FXCOF) founder Terry Gou has withdrawn his candidacy from the Taiwan presidential race due to a division among opposition parties. What Happened: Reuters reported that Taiwan’s opposition parties, which advocate for closer ties with China, registered...
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Key Apple Supplier Foxconn Faces Chinese Scrutiny Following Taiwan Presidential Run Announcement
Monday, October 23, 2023 - 3:37am | 488Foxconn Technology Group (OTC:HNHPF), a major supplier for Apple Inc. (NASDAQ:AAPL), is under investigation by Chinese authorities over tax and land use, according to the company’s statement. The company’s founder, Terry Gou, is currently running for the presidency of Taiwan. China's...
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Foxconn's Terry Gou Joins Taiwan Presidential Race, Pledges To Restore China Relations: 'Will Not Let Taiwan Become The Next Ukraine'
Monday, August 28, 2023 - 3:35am | 554Terry Gou, the billionaire mastermind behind Hon Hai Precision Industry (OTC:HNHPF), also known as Foxconn, has thrown his hat into the ring for the Taiwanese presidency. He promises to restore relations with China and give the island nation’s economy a boost. What Happened: Gou, on Monday,...
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Wall Street Will Collapse If China-Taiwan War Breaks Out, Says Key Apple Supplier: 'May Only Take 10 Seconds — Not An Hour'
Thursday, August 3, 2023 - 7:45am | 425Founder of Apple Inc.’s (NASDAQ:AAPL) lead supplier Foxconn Technology Group (OTC:HNHPF), Terry Gou, warns of a potential crash in the U.S. stocks if a war involving Taiwan occurs, Bloomberg reports. The Taiwanese billionaire expressed his concerns in a Facebook post, stating that it could...
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Report: iPhone Maker Foxconn Plans Multibillion-Dollar Michigan Facility
Monday, August 7, 2017 - 8:50am | 498Apple Inc. (NASDAQ: AAPL) supplier Foxconn Technology Group has a multibillion-dollar autonomous vehicle research-and-development facility development planned for Michigan, according to the South China Morning Post. The announcement follows Foxconn’s July announcement of a $10 billion LCD...
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Report: Foxconn 'Detailed Its Offer' To Acquire Sharp
Wednesday, January 27, 2016 - 12:47pm | 185Foxconn, a major manufacturer of Apple Inc. (NASDAQ: AAPL) products, has submitted an offer to acquire the troubled electronics maker Sharp. According to Reuters, Taiwan-based Foxconn has detailed an offer to acquire the Japan-based Sharp. The publication, citing "a person with direct...
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Report: Apple Supplier Foxconn Eyes $5.3 Billion Acquisition Of iPhone Display Maker Sharp
Thursday, January 21, 2016 - 11:31am | 291According to The Wall Street Journal, Foxconn offered $5.3 billion (or ¥625 billion) to acquire Sharp. Taiwan-based Foxconn is best known for being a major assembler of Apple Inc. (NASDAQ:AAPL)'s iPhone devices. Meanwhile, Japan-based Sharp has been bailed out several times by various...
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BlackBerry's John Chen Continues To Earn The Trust Of Investors
Tuesday, February 25, 2014 - 4:50pm | 477As BlackBerry's (NASDAQ: BBRY) turnaround continues to gather momentum John Chen -- the company's chief executive officer --- took to the podium at the Mobile World Congress in Barcelona to deliver a speech. Chen said priority number one is to focus on building his company's client base in...
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Top Trending Tickers On StockTwits For January 28
Tuesday, January 28, 2014 - 11:31am | 976Here's a look at the top tickers trending on StockTwits.com Apple: One of the quarters most anticipated earnings Monday night, Apple (NASDAQ: AAPL) reported its first quarter earnings that beat both EPS and revenue consensus estimates. This morning investors are turning to analysts...
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Apple iPhone 5 Coming Later Than Anticipated?
Thursday, June 28, 2012 - 12:27pm | 229It seems that Apple (NASDAQ: AAPL) might not be ready to release the next iPhone. According to DigiTimes, the upstream supply chain "sees no signs of Apple starting mass production" next month. Recent rumors suggested that Apple might release the iPhone 5 in August to capture the back-to-school...
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Foxconn's iPhone 5 Tease is Bad News for Samsung's Galaxy S III
Thursday, June 21, 2012 - 12:58pm | 323Foxconn, the Chinese manufacturer responsible for building Apple's (NASDAQ: AAPL) products, fueled the iPhone 5 hype machine this week when its CEO, Terry Gou, shared his opinion of the device. According to 9to5Mac (which cited a Focus Taiwan report featuring quotes from a China Times story), Gou...
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Apple TV Development Denied by Foxconn
Monday, May 14, 2012 - 1:48pm | 458Just days after Foxconn's CEO reportedly revealed that Apple (NASDAQ: AAPL) was preparing for the launch of its first television, the Chinese manufacturing corporation has released a statement denying the whole thing. "[Foxconn chief Terry Gou] neither [confirmed] nor [speculated] about Foxconn's...