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Tag Archives: Supply Chain

Foxconn to greatly reduce its offer to buy Sharp

For a while there, it looked like Foxconn’s $5.3 billion deal to acquire display maker Sharp was all set to go forward. However, in the late stages of negotiations, some information came to light that showed that Sharp may be carrying much more debt than Foxconn was initially led to …

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Apple has apparently cut iPhone production by 30%

It looks like Apple is currently scaling back on the production of iPhones according to new reports this week. Apparently, Apple is cutting down on its iPhone orders by 30 percent, which is having a knock-on effect on the Chinese suppliers, which have had to lay off staff due to …

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