Sharp has approved an offer from Hon Hai Precision Industry and related companies to acquire over 66 per cent of the company’s voting stock, making the Taiwanese contract manufacturer the new parent of the venerable Japanese firm.
Green America, a D.C.-based non-profit group, and The Nation magazine launched a campaign Wednesday intended to persuade consumers to boycott Apple products unless the company makes changes in its production and supply chain operations.
A deal that would have made electronics giant Foxconn a major shareholder in Japan display maker Sharp has fallen apart, though the companies remain close partners in the complex global electronics supply chain.
Change in any industry involves conflict. Evolution and revolution in tech this year took place not only in the marketplace but also in the courtroom, the factory, and on the Web. Here are the top news stories of 2012 as selected by the editors of the IDG News Service.
The parent of Apple supplier Foxconn has broken ground on a new R&D (research and development) facility in Taiwan to produce what could be robots that will be used in the company's manufacturing facilities.
Foxconn has reopened all its polishing workshops, other than the one at Chengdu in China, which <a href="http://www.pcworld.com/article/228387/three_dead_after_foxconn_factory_blast_apple_investigating.html">was shut down</a> after a blast there on May 20 killed three persons, the company said.