You are here

iPhone

Foxconn Ices Sharp Deal After Seeing How Bad The Books Are

Foxconn Ices Sharp Deal After Seeing How Bad The Books Are

For a minute, Sharp was saved.

The 100-year-old maker of LCD screens was once a consumer electronics powerhouse but has stumbled in the face of fierce price competition and ill-advised investments in advanced production plants. Earlier this month, Sharp reported a net loss of $208 million for for its fiscal Q3, bringing the nine month loss to nearly a billion as the company continues to lose market share to Samsung, LG, and other Asian competitors.

Frontrunning: February 25

  • Europe shrugs off pre-G20 China stocks slump, sterling steadies (Reuters)
  • China Unveils Its Deliverables for G-20 -- And No Plaza Pact (BBG)
  • Foreign Money Could Be Slow to Enter China’s Bond Markets (WSJ)
  • China Urged to Stomach Much Higher Fiscal Deficit (WSJ)
  • Trump's Momentum Has Republicans in Congress Confused and Cowed (BBG)
  • Obama weighs Republican for Supreme Court (Reuters)
  • Apple to boost customers’ iCloud encryption (FT)
  • Sears Posts $580 Million Fourth-Quarter Loss as Retailer Shrinks (BBG)

The NYPD Want Apple To Unlock ALL iPhone Devices

The NYPD have weighed in on the current privacy debate between the FBI and apple, requesting that every iPhone currently subject to a court-ordered search be unlocked. The police department have made it clear that once the San Bernardino perpetrator’s phone is broken into by the FBI, they want to make the hacking of mobile phones a routine occurrence within law enforcement. That would essentially mean that every iPhone entered into evidence in court could be forced open by authorities, via a piece of software that Apple would be forced to create.

Frontrunning: February 24

  • Shares fall with oil prices, yen in demand (Reuters)
  • Trump's third straight win has rivals looking for answers (Reuters)
  • How Marco Rubio Blunted Ted Cruz—and Boosted Donald Trump (BBG)
  • Donald Trump Seals GOP Front-Runner Status With Nevada Win (WSJ)
  • Fischer says no Fed plan to move to negative interest rates (Reuters)
  • Lew Says Don't Expect `Crisis Response' From Group of 20 Meeting (BBG)
  • Solid support for Apple in iPhone encryption fight (Reuters)
  • This Year’s Biggest IPO Is a Blank Check for the Oil Business (WSJ)

Pages