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Tag: Terry Gou

Apple gives employees $2,500 bonuses after President Trump signed the GOP’s Tax Cuts and Jobs Act

Wednesday, January 17, 2018 6:12 pmWednesday, January 17, 2018160 Comments

Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units…

Looks like Apple is bringing nearly all of its $250 billion foreign cash back home to America

Wednesday, January 17, 2018 4:00 pmWednesday, January 17, 201850 Comments

Apple, already the largest US taxpayer, anticipates repatriation tax payments of approximately $38 billion…

Apple plans to add $350 billion to U.S. economy and create over 20,000 new jobs over next 5 years, pay $38 billion in repatriated taxes, the largest ever made

Wednesday, January 17, 2018 2:00 pmWednesday, January 17, 201856 Comments

Apple is increasing the size of their Advanced Manufacturing Fund from $1 billion to $5 billion…

President Trump: Apple’s iPhone will be assembled in Wisconsin

Tuesday, January 16, 2018 10:01 amTuesday, January 16, 201872 Comments

President Donald Trump sat down for an interview with four reporters from The Wall Street Journal…

Finisar deal helps Apple block Android rivals’ path to AR features

Thursday, December 14, 2017 12:30 pmThursday, December 14, 20177 Comments

Apple Inc’s million deal with chip supplier Finisar Corp announced on Wednesday helps lock in…

Apple makes Trump-friendly investment in Finisar

Wednesday, December 13, 2017 5:27 pm12 Comments

Apple’s $390 million may go further than many think…

Apple is backing up iPhone X’s Face ID and AirPods with American jobs

Wednesday, December 13, 2017 2:54 pmWednesday, December 13, 20174 Comments

In May, Apple pledged $200 million to glass manufacturer Corning…

How Apple and Finisar are transforming the future of Sherman, Texas

Wednesday, December 13, 2017 9:08 amWednesday, December 13, 201719 Comments

The 700,000-square-foot plant expects to begin shipping in the second half of 2018, and its output will make Sherman the VCSEL capital of the US…

Apple awards $390 million to VCSEL-maker Finisar; award will create 500 high-skill jobs at Sherman, Texas facility

Wednesday, December 13, 2017 8:38 amWednesday, December 13, 201722 Comments

VCSELs power some of Apple’s most popular new features, including Face ID, Animoji and Portrait mode selfies made possible with the iPhone X TrueDepth camera, as well as the proximity-sensing capabilities of AirPods…

Bain Capital aims to list Toshiba chip unit on the Tokyo Stock Exchange within three years

Thursday, October 5, 2017 9:25 amThursday, October 5, 20174 Comments

U.S. private equity firm Bain Capital LP on Thursday said it aims to list Toshiba Corp…

Apple’s device storage prices are getting better

Thursday, September 28, 2017 9:25 amThursday, September 28, 20176 Comments

When I last mentioned Apple SSD prices, they maxed out at $2/GB. Apple’s prices (per GB) also tended…

Toshiba signs deal to sell chip unit to Bain Capital-led, Apple-backed group for $18 billion

Thursday, September 28, 2017 8:27 am7 Comments

Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital…

KKR said to be wooing Apple to switch sides in Toshiba bid

Tuesday, September 26, 2017 1:44 pmTuesday, September 26, 20172 Comments

KKR & Co. is trying to persuade Apple Inc. to switch sides and join the private equity firm…

Bain Capital-Apple group to buy Toshiba chip business for $18 billion

Thursday, September 21, 2017 12:00 pmThursday, September 21, 20178 Comments

After a messy, months-long bidding process, Toshiba has picked a consortium led by U.S. private equity firm Bain Capital…

Toshiba decides on Bain Capital-Apple Group in chip business sale

Wednesday, September 20, 2017 9:56 amWednesday, September 20, 20172 Comments

Toshiba Corp. decided Wednesday to sell its chip business to a group that includes Apple…

If Bain Capital bid for Toshiba succeeds, it could be Apple’s largest deal ever

Thursday, September 14, 2017 12:04 pm13 Comments

Apple Inc. is throwing its considerable weight, and $3 billion in cash, behind Bain Capital…

Apple mounts a full-court press for Toshiba’s chip business, waging battle with Western Digital

Friday, September 8, 2017 5:15 pmFriday, September 8, 20177 Comments

Apple Inc. has sought to stop Western Digital Corp. from taking control of Toshiba Corp’s chip business…

Foxconn details plan to acquire Toshiba chips unit; Apple would own 20 percent

Thursday, September 7, 2017 2:00 pmThursday, September 7, 20171 Comment

Taiwan’s Foxconn Technology Group is pressing its case to acquire Toshiba Corp.’s memory chips unit…

Bain Capital brings in Apple for last-minute $18 billion bid for Toshiba chip unit

Wednesday, August 30, 2017 10:57 amWednesday, August 30, 201714 Comments

A consortium led by Bain Capital has made a revised last-ditch offer for Toshiba Corp’s chip unit…

Wisconsin state Assembly approves bill paving the way for $3 billion in incentives for Foxconn plant

Thursday, August 17, 2017 11:11 pm46 Comments

“We are ready to take advantage of this historic opportunity… and build a long-lasting relationship with Foxconn,” Wisconsin Governor Scott Walker…

$10 billion Wisconsin plant to accelerate Foxconn transformation

Wednesday, August 16, 2017 3:32 pmThursday, August 17, 20175 Comments

The decision by Foxconn Electronics to invest US$10 billion in the US…

Wisconsin Foxconn plant to produce Apple iPhone displays – WSJ

Friday, August 11, 2017 9:57 amFriday, August 11, 201742 Comments

Wisconsin Gov. Scott Walker defended Wednesday a $3 billion tax incentive package to lure…

Following Apple supplier Foxconn; Toyota and Mazda set to invest $1.6 billion in U.S. Plant; create 4,000 jobs

Friday, August 4, 2017 9:00 amFriday, August 4, 2017119 Comments

Toyota Motor Co. will take a stake in rival Mazda Motor Corp., the companies confirmed Friday…

Foxconn considering a second Wisconsin facility

Thursday, August 3, 2017 9:56 amThursday, August 3, 201745 Comments

Asian electronics giant Foxconn is considering investing at a second site in Wisconsin…

President Trump’s comments regarding U.S. factories ratchets up the pressure on Apple

Friday, July 28, 2017 8:31 am78 Comments

Mr. Cook, who is as reserved and tight-lipped as the president is freewheeling and outspoken, has sought to engage the administration…

President Trump announces Apple supplier Foxconn’s $10 billion investment in Wisconsin and up to 13,000 jobs

Thursday, July 27, 2017 2:08 pm33 Comments

In a deal that could ripple through the economy and 2018 elections…

President Trump to announce Apple-supplier Foxconn manufacturing plant in Wisconsin today at 5pm EDT

Wednesday, July 26, 2017 4:18 pmWednesday, July 26, 2017102 Comments

it is unclear if Apple is involved in Wednesday’s announcement. About 10,000 jobs could be created…

Apple supplier Foxconn nearing decision to build plant in Wisconsin to produce display panels

Tuesday, July 25, 2017 9:02 amTuesday, July 25, 20179 Comments

The investment, if confirmed, would be the latest by Asian manufacturers in the U.S. as President Donald Trump seeks to revive manufacturing there…

Amid President Trump’s ‘Made in America’ push, six U.S. states vie for Foxconn’s $10+ billion U.S. display factory

Thursday, June 22, 2017 1:34 pm237 Comments

President Donald Trump has called for firms to build more products in the United States…

Made in America iPhones, after all? Apple supplier Foxconn considering iPhone plant in Wisconsin

Thursday, June 15, 2017 9:59 amThursday, June 15, 201713 Comments

President Donald Trump alluded to negotiations with an unspecified company during a visit to Milwaukee on Tuesday…

Apple and Amazon to back Foxconn on Toshiba chip bid, Hon Hai Chairman Terry Gou says

Monday, June 5, 2017 10:40 amNo Comments

Chairman Terry Gou of key iPhone assembler Hon Hai Precision Industry…

SoftBank and Saudi Arabia settled their differences to create world’s biggest tech fund; $100 billion fund has won Apple’s commitment

Friday, May 19, 2017 4:32 pmFriday, May 19, 20177 Comments

Japan’s SoftBank Group Corp. is poised to launch the world’s biggest technology fund…

Apple awards Corning $200 million in first Advanced Manufacturing Fund investment

Friday, May 12, 2017 1:03 pmFriday, May 12, 20176 Comments

Apple today announced Corning Incorporated will receive $200 million from Apple’s new Advanced Manufacturing Fund…

China Premier Li visits Apple supplier Foxconn after CEO’s meeting with President Trump

Wednesday, May 10, 2017 1:30 pmWednesday, May 10, 2017No Comments

China is the best place for expanding manufacturing and investment, the country’s premier…

Apple’s billion-dollar advanced manufacturing investment is a blueprint for U.S. job growth

Thursday, May 4, 2017 2:07 pm61 Comments

Add Apple to the list of companies trying to make nice with the Trump administration…

Apple: We are one of the biggest job creators in the U.S., responsible for two million jobs in all 50 states

Thursday, May 4, 2017 1:01 pmThursday, May 4, 20174 Comments

Apple Inc. has debuted a new sectiojn on their website detailing their role in U.S. job creation…

Apple to invest $1 billion to promote manufacturing jobs in the U.S.

Thursday, May 4, 2017 9:54 amThursday, May 4, 201727 Comments

The fund comes as President Donald Trump has made bringing back manufacturing jobs a big part of his agenda…

Apple’s top manufacturing partner to meet with U.S. President Trump today

Thursday, April 27, 2017 4:25 pmThursday, April 27, 201718 Comments

Chairman Terry Gou of key iPhone assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, is set to meet U.S. President Donald Trump in Washington…

Apple may bid for big stake in Toshiba

Monday, April 17, 2017 9:50 am4 Comments

Apple Inc is considering teaming up with its supplier Foxconn to bid for Toshiba…

Apple signs two-year contract with Samsung for up to 92 million OLED iPhone displays

Friday, April 7, 2017 9:51 amFriday, April 7, 201711 Comments

Apple reportedly has signed a two-year contract with Samsung Display for the supply…

U.S. private sector job creation remains strong as employers add 263,000 private-sector jobs

Wednesday, April 5, 2017 4:00 pmWednesday, April 5, 201790 Comments

Private-sector hiring this year remained strong as employers reported adding more workers to their payrolls in March than expected…

Apple CEO Tim Cook defends globalization, walks tightrope on privacy in rare public speech in China

Saturday, March 18, 2017 10:51 am42 Comments

Apple Inc.’s Chief Executive Tim Cook defended globalization in a rare public speech in China…

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