Okuda has presented plans to Hon Hai positing a return to operating profits in the period October 2012 to end March 2013 and bottom line net income in the fiscal year ended March 2014.
FORBES: Hon Hai May Be Walking Away From, and Dooming, Sharp
Kirk Yang of Barclays Capital, a bank, reckons it unlikely that Sharp will force Hon Hai to honour its original deal.
But the future of cooperation rests on the continued survival of the Japanese parent company, and willingness of Hon Hai to make a large and risky investment.
FORBES: Hon Hai May Be Walking Away From, and Dooming, Sharp
According to Reuters, Hon Hai derives 60% to 70% of revenues from iPhones and iPads.
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The latest nugget comes from Topeka Capital Markets analyst Brian White, who points to a report on the Chinese language web site 21cbh.com that says contract manufacturer Hon Hai expects to start receiving LCD TV panels from Sharp in Q3, rather than Q4 as originally planned.
Also in Japan, Sharp fell 1.7% as investors continue to await a decision from Hon Hai Precision Industry as to whether or not the company will inject capital into the struggling LCD panel maker.
Also in Japan, Sharp fell 0.3% as investors continue to await a decision from Hon Hai Precision Industry as to whether or not the company would inject capital into the struggling LCD panel maker.
Over the past few weeks, Sharp has been delivering new restructuring plans to Hon Hai.
FORBES: Hon Hai May Be Walking Away From, and Dooming, Sharp
Clearly, Hon Hai wants to be in on the ground floor of that revolution.
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At which point the value of a deal to Hon Hai or Apple becomes apparent.
"Hon Hai tried to have a strong influence on the way in which Sharp is run, that was a major stumbling block, " said Mr Fasol of Eurotechnology Japan.
If Hon Hai decides to do so, it will very likely carve out a substantially larger Sharp equity share, and demand a much greater say in Sharp parent operations and strategy.
FORBES: Hon Hai May Be Walking Away From, and Dooming, Sharp
Yet Jobs would have had to have let others in on the secret once they handed off the specs for the new phone to Quanta (and quite probably also to Hon Hai Precision Industry) for assembly in sprawling compounds in China's Guangdong province.
Whatever the figure turns out to be, Hon Hai is a nimble transnational company, able to move production around as circumstances change.
That was also when he changed his first name from Win Hon(ph) to Lahon.
If LCDs have become such a miserable business, why is Hon Hai so keen to get into it?
The PR nightmare ended on Sunday when Hon Hai chose not to pursue the case any further, according to China's official Xinhua news agency, and was capped off with a mutual apology between the firm and newspaper for all the trouble that the lawsuit had caused.
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Hon Hai also has tried to install robotic arms at its factories dotted across China to boost efficiency and address labor unrest.
Hon Hai has also tried to install robotic arms at its factories dotted across China to boost efficiency and address labor unrest.
U.S. multinational Honeywell (NYSE: HON) opened the doors to its newest high tech facility in Gurgaon, India on Tuesday, bringing the total number to four.
Noting that smartphone vendors are likely to look to the supply chain as a place to cut costs, he also moves to Sell ratings on Hon Hai and Catcher Technology.
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In my analysis, the biggest contributor to the slowing sales at Hon Hai is the slowing sales growth of iPhones.
FORBES: Disappointing Sales At Foxconn Fail To Bruise Apple Stock For Now
Hon Hai's net margin fell to 1.4% in the second quarter from 1.5% in the first, continuing a downward trend from double digits at the end of the 1990s.
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The Wednesday trip to Foxconn (a subdivision of Hon Hai) was, in part, damage control.
It's also worth noting, though, that Hon Hai already has a deal with RadioShack to make and sell a 60-inch TV, the RS60-V1, in China since January.
He notes that year-over-year sales growth at Hon Hai fell from 84% in December to 37% in January and 26% in February, well below the better than 70% growth the Street has been expecting for the March quarter and the 50%-plus growth anticipated for the June quarter.
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Hon Hai needs new sources for liquid crystal displays to meet rising demand from Apple, Amazon and other customers.
FORBES: Hon Hai and Foxconn Renegotiate Investment in Sharp, Shares Rally
The official launch is expected to take place with the presence of Hon.
The ratings agency is also assuming that the Hon Hai deal comes off and that Sharp manages to renegotiate its debt successfully.
White notes that Hon Hai had invested in Sharp earlier this year to secure LCD panels that White contends are intended for production of Apple-branded TVs.
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