iTnews

Foxconn eyes sale of US$8.8 billion China plant amid trade war woes

By Yimou Lee on Aug 5, 2019 7:03AM
Foxconn eyes sale of US$8.8 billion China plant amid trade war woes

Demand for product wanes amid an intensifying international friction.

Taiwan's Foxconn is exploring the sale of its new US$8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying US-China trade war. Foxconn, formally known as Hon Hai Precision Industry, is in talks to appoint ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Already have an account? Log in to read this article.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright Reuters
© 2019 Thomson Reuters. Click for Restrictions.
Tags:
finance foxconn hardware strategy

Partner Content

Critical considerations for moving to the cloud
Promoted Content Critical considerations for moving to the cloud
Kick the tyres of AI systems using real world data at #BuildWithAI Hack 2021
Promoted Content Kick the tyres of AI systems using real world data at #BuildWithAI Hack 2021
Business email: the ultimate playground for cybercriminals
Promoted Content Business email: the ultimate playground for cybercriminals
Why cloud data protection is about more than just backup
Promoted Content Why cloud data protection is about more than just backup

Sponsored Whitepapers

Understanding the next security control points: applications and workloads
Understanding the next security control points: applications and workloads
Best security practices after rapid Digital Transformation
Best security practices after rapid Digital Transformation
The CISO View 2021 Survey: Zero Trust and Privileged Access
The CISO View 2021 Survey: Zero Trust and Privileged Access
How and why to backup your Office 365 tenant
How and why to backup your Office 365 tenant
ForgeRock for Australia’s Trusted Digital Identity Framework (TDIF)
ForgeRock for Australia’s Trusted Digital Identity Framework (TDIF)

Events

  • SAP e'ffect 2021
  • #DevDay
By Yimou Lee
Aug 5 2019
7:03AM
0 Comments

Related Articles

  • Treasurer in line for powers to check Big Tech's payment influence
  • IAG is now in stage two of its insurance platform transformation
  • Westpac makes headway on self-healing infrastructure capabilities
  • AMP appoints its first group CTO
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

Perth Mint CIO leaves after five months

Perth Mint CIO leaves after five months
Microsoft becomes 'certified strategic' cloud provider

Microsoft becomes 'certified strategic' cloud provider
Telcos get new powers to block malicious SMS scams at scale

Telcos get new powers to block malicious SMS scams at scale
Aussie Broadband makes formal $344m bid for Over The Wire

Aussie Broadband makes formal $344m bid for Over The Wire

Digital Nation

Case Study: Keeping CPA's board up to date about cybersecurity risks
Case Study: Keeping CPA's board up to date about cybersecurity risks
Case Study: Intrepid Group uses global travel shutdown to reimagine HR function
Case Study: Intrepid Group uses global travel shutdown to reimagine HR function
COVER STORY: Automation drives marketing success but complexity torments delivery
COVER STORY: Automation drives marketing success but complexity torments delivery
Fringe innovation unlocks power of diverse thinking
Fringe innovation unlocks power of diverse thinking
Catastrophic governance failures are rooted in organisational culture
Catastrophic governance failures are rooted in organisational culture
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's Privacy Policy and Terms & Conditions.