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Foxconn's global dealmaking suffers Sharp shock

Sharp has delivered a wake-up call to Foxconn. The $46 billion iPhone supplier, formally known as Hon Hai Precision Industry , rescued the Japanese electronics group in 2016 with a promise to turn it around. Sharp's surprise $1.6 billion writedown in the three months to March casts doubt on the Taiwanese group's grip on its investment - and its ability to strike similar deals.
United States Thomas Shum Terry Gou Samsung Electronics Hon Hai Precision Industry Thomson Reuters Trust Principles

Harmonic Expands Fiber Broadband Portfolio with New Hardened Switch for 10G Fiber Deployments

Harmonics Hardened Switch Simplifies Deployment of 10G PON and 25G Business-Class Services for Areas Leveraging Outdoor Telco Cabinets SAN JOSE, Calif., May 24, 2023 /PRNewswire/ -- Harmonic today... | May 24, 2023
United States Nimrod Ben Natan Securities Exchange Exchange Commission Hardened Switch Simplifies Deployment Business Class Services

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