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Apr. 17, 2013, 5:56 AMMicrosoft (MSFT) and Foxconn Technology (FXCOF.OB) unit Hon Hai Precision Industry have signed a global agreement that protects the latter's customers from patent claims prompted by their use of Google's (GOOG) Android and Chrome software. The deal adds to those that Microsoft, which is locked in an IP battle with Google unit Motorola, has signed with Samsung and LG. | Comment!
Mar. 11, 2013, 11:17 AMMore on Apple: The ever-bullish Brian White reports his Apple Monitor, which tracks the sales of component suppliers that depend heavily on Apple (AAPL -1.1%), saw a 31% M/M drop in February, its worst performance on record for the month. Foxconn parent Hon Hai saw a 25% M/M drop. Baird's William Power, meanwhile, says his firm's semiconductor checks indicate iPhone/iPad orders are in-line with his estimates, but below consensus. White maintains an $888 PT, and Power a $465 PT. | 20 Comments
Aug. 6, 2012, 5:47 AMApple (AAPL), a major Sharp customer, is probably closely watching Foxconn's attempts to renegotiate its 9.9% investment in the Japanese company after its shares plunged last week following a profit warning and fell another 5.7% today. "Apple needs Sharp," says analyst Alberto Moel. "Sharp’s capacity is large enough that if it were taken offline, it could hurt Apple." | 1 Comment
Jul. 6, 2012, 3:09 AM
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