by Copitex Business Machines | Mar 31, 2016 | Copier Leasing, Copier News
Toshiba’s problems continue – The Tokyo District Court ordered Toshiba to pay the state 1.23 billion yen ($11 million) for breach of contract in connection with a scrapped deal to remodel F-15 fighters into reconnaissance aircraft. o The Defense Ministry...
by Copitex Business Machines | Mar 22, 2016 | Boston Printer Leasing, Copier News
Samsung warns of “2016 Tech Gloom” – CEO, Kwon Oh-Hyun, sent a letter to Samsung shareholders – “We expect core products of our company, such as smartphone, TV and memory, will face oversupply issues and intensified price competition.” – “We expect...
by Copitex Business Machines | Mar 15, 2016 | Copier News
March 14, 2016 Sharp deal to sell out to Foxconn on hold – Terry Gou, CEO of Foxconn (aka Hon Hai Precision of Taiwan) has hired JPMorgan as a financial advisor – Deal was jeopardized at last minute upon discovery of an extra $3.1 billion of contingent...
by Copitex Business Machines | Mar 8, 2016 | Copier News, Printer News
March 6, 2016 Sharp finally sells out? – Multiple news sources reported that Sharp’s board has accepted an offer of $6.2 billion from Hon Hai Precision (aka Foxconn of Taiwan, which assembles many consumer electronic items, such as Apple iPhones and iPads)...