Business Moves

Could your next iPhone or Wii be made in Vietnam?

By Lara Wozniak | 3 September 2007
Keywords: foxconn | nintendo | apple

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Taiwan's Foxconn announces plans to diversify its manufacturing base by expanding into Vietnam.

In a move that could be seen as reducing exposure to China, Taipei-based Foxconn Electronics (Hon Hai Precision Industry) announced last week it was expanding operations in Vietnam.

On Friday, the world's largest contract maker of electronics, including Apple's iPhones and iPods and Nintendo's Wii, announced that in the first half of this year its after-tax profits were up 32% year-on-year to NT$31.26 billion ($944.4 million). Net income rose 18% to NT$15.6 billion. Analysts had, however, expected an even better performance. The mean estimate of six analysts compiled by Bloomberg ...

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Temasek sells S$1 billion of 10-year bonds

The Singapore dollar-denominated transaction is well received by insurance companies in particular, despite pricing at a tight spread.

By Anette Jönsson | 9 February 2010

Huatai launches ambitious deal in exhausted A-share market

The share sale by the Chinese brokerage comes at a time when investors have become conscious that investing in new stocks is not always a sure bet.

By Lillian Liu | 9 February 2010

Banks in US still under fire

Bank of America, Ken Lewis and Joe Price face a law suit related to the Merrill Lynch merger, while Goldman Sachs pays each of its head honchos a $9 million bonus for 2009.

By Sameera Anand | 9 February 2010

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