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Foxconn CEO says investment for display plant in U.S. would exceed $7 billion

January 22, 2017 by · Leave a Comment 

Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry …

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Foxconn CEO says investment for display plant in U.S. would exceed $7 billion

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Foxconn joint venture to build $8.8 billion LCD plant in China

December 30, 2016 by · Leave a Comment 

A joint venture between Hon Hai Precision Industry Co , known as Foxconn, and Sharp Corp plans to build a 61 billion yuan ($8.8 billion) factory in China to produce liquid-crystal displays (LCDs). Sakai Display Products Corp's plant will be a so-called Gen-10.5 facility specializing

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Foxconn joint venture to build $8.8 billion LCD plant in China

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Asian export nations wary dollar boost gives Trump pretext to beat them

November 20, 2016 by · Leave a Comment 

TOKYO/SEOUL (Reuters) – Asian currency policymakers are worried that the strengthening of the dollar on expectations of U.S. President-elect Donald Trump's fiscal policies could be used by his administration as a stick to beat them with on trade protectionist grounds. China, Japan, South Korea and Taiwan are already on the U.S. Treasury&#…

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Asian export nations wary dollar boost gives Trump pretext to beat them

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Uber says Taiwan’s steps against it hurting citizens

November 17, 2016 by · Leave a Comment 

By J.R. Wu TAIPEI (Reuters) – Uber Technologies Inc [UBER.UL] urged Taiwan President Tsai Ing-wen to let the island's people decide whether they want Uber services in Taiwan, the latest salvo in the wrangle between the authorities there and the global ride-hailing service company. Uber's comments were made in…

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Uber says Taiwan’s steps against it hurting citizens

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Russian oil output highest in 30 years ahead of Doha meeting

April 3, 2016 by · Leave a Comment 

By Vladimir Soldatkin MOSCOW (Reuters) – Russia's oil production rose 0.3 percent to 10.91 million barrels per day in March, its highest level in nearly 30 years, raising questions over Moscow's commitment to freeze output ahead of a producers' meeting in Doha later in April. Energy Ministry data on Saturday showed that in tonnes, oil output reached 46.149 million in March versus 43.064 million, or 10.88 million bpd, in February. …

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Russian oil output highest in 30 years ahead of Doha meeting

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Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts

April 3, 2016 by · Leave a Comment 

By Makiko Yamazaki SAKAI, Japan (Reuters) – Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp …

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Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts