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Foxconn says cannot meet demand for iPhone 5

Taiwan's Foxconn has admitted that it cannot meet strong demand for Apple's new iPhone 5 due to difficulties in building the gadget, as investors grow concerned about the US giant's future earnings.

dateNov 08, 2012 in Business
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Moody's downgrades troubled Sharp's ratings

(AP)—Moody's Investors Service has downgraded Sharp's short-term ratings to the lowest "Not Prime" category, citing the Japanese electronics maker's debts and price drops in its main product, liquid-crystal displays.

dateSep 05, 2012 in Business
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Samsung takes 3 percent stake in ASML

(AP)—ASML Holding NV says that Samsung Electronics Co. has agreed to buy a 3 percent stake in it for €500 million ($625 million), following the lead of other key computer chip manufacturers Intel Corp. and Taiwan Semiconductor ...

dateAug 27, 2012 in Business
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