HP was spun off from Hewlett-Packard to sell personal computers,printers,ink and toner,being the leader in the desktop printing industry.Now HP wants to enter the higher growth market for large A3 printer-copier combinations.These devices are geared toward high volume office work group customers.HP is paying 1.05 billion dollars for Samsung's A3 business and thousands of patents.*
Besides the A3 line of business,HP will acquire the ability to manufacture essential mechanisms within laser printers,so they won't have to buy them from other firms anymore.Control of this core technology will help HP to shape the evolution of its laser printers,as well as raise its profit margins.*
The deal brings with it to HP more than 6500 Samsung printing patents and 6,000 Samsung employees-among them,about 1500 engineers.*
HP Inc (HPQ),Samsung Electronics Co Ltd (LSE:SMSN)
Showing posts with label patents. Show all posts
Showing posts with label patents. Show all posts
Monday, September 12, 2016
Monday, April 4, 2016
Sharp Electronics' New Parent:Hon Hai/Foxconn Technology
Taiwan-based Hon Hai/Foxconn Technology Group has purchased a controlling stake in Japan's Sharp Electronics for 2.5 billion dollars.Foxconn transferred a deposit of 100 billion Japanese yen to Sharp on 31 March.
Foxconn is the world's largest electronics outsourcing firm,manufacturing the likes of the iPad,iPhone,Kindle,PlayStation 4,Xbox One and NokiaFounded by Terry Gou (pronounced "Gwa"),it is the third largest technology company in the world by revenue.With factories that can range to gargantuan proportions in Asia,Brazil,Europe and Mexico,its more than one million workers produce 40% of all consumer electronics.The group's revenue derives mainly from manufacturing services in connection with handset production.*
Foxconn,a Fortune Global 500 firm,is the largest exporter in Greater China and the second largest in the Czech Republic.Hon Hai Precison Instrument Co Ltd of New Taipei,Taiwan is the anchor company of Hon Hai/Foxconn Technology Group.Foxconn says it is the most dependable partner for joint design,joint development,manufacturing,assembly and after-sales services to global Computer,Communications and Consumer Electronics (3C) leaders.It has over 55,000 patents in fields such as nanotech;wireless network;environmental protection;optical plating technique;precision/nano processing;and network CMOS chips.It also provides end-to-end services such as its logistic and e-supplying system adopted for global supply chain management;computer software development and programming;and sales channel solutions.*
Sharp was founded as a mechanical pencil maker,but today is the fourth largest manufacturer of LED screens.Explaining his purchase,Mr.Gou said he has deep respect for Sharp's innovation and leadership.In acuiring Sharp,he has added a creator of products to a firm known for executing the designs of others.
Although at times questions have been raised about its treatment of workers and there have been some suicides by its workers,Foxconn says it is committed to continual education,investing in people long-term and localization globally.It is a penny stock trading under the name FIH Mobile and had a dividend yield of 2.42% as of close of trade Monday.*
FIH Mobile Ltd (OTC:FXCNF),Sharp Corp ADR (OTC:SHCAY)
Foxconn is the world's largest electronics outsourcing firm,manufacturing the likes of the iPad,iPhone,Kindle,PlayStation 4,Xbox One and NokiaFounded by Terry Gou (pronounced "Gwa"),it is the third largest technology company in the world by revenue.With factories that can range to gargantuan proportions in Asia,Brazil,Europe and Mexico,its more than one million workers produce 40% of all consumer electronics.The group's revenue derives mainly from manufacturing services in connection with handset production.*
Foxconn,a Fortune Global 500 firm,is the largest exporter in Greater China and the second largest in the Czech Republic.Hon Hai Precison Instrument Co Ltd of New Taipei,Taiwan is the anchor company of Hon Hai/Foxconn Technology Group.Foxconn says it is the most dependable partner for joint design,joint development,manufacturing,assembly and after-sales services to global Computer,Communications and Consumer Electronics (3C) leaders.It has over 55,000 patents in fields such as nanotech;wireless network;environmental protection;optical plating technique;precision/nano processing;and network CMOS chips.It also provides end-to-end services such as its logistic and e-supplying system adopted for global supply chain management;computer software development and programming;and sales channel solutions.*
Sharp was founded as a mechanical pencil maker,but today is the fourth largest manufacturer of LED screens.Explaining his purchase,Mr.Gou said he has deep respect for Sharp's innovation and leadership.In acuiring Sharp,he has added a creator of products to a firm known for executing the designs of others.
Although at times questions have been raised about its treatment of workers and there have been some suicides by its workers,Foxconn says it is committed to continual education,investing in people long-term and localization globally.It is a penny stock trading under the name FIH Mobile and had a dividend yield of 2.42% as of close of trade Monday.*
FIH Mobile Ltd (OTC:FXCNF),Sharp Corp ADR (OTC:SHCAY)
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