Foxconn fails in bid to get an even bigger piece of the Apple pie


Nope. No good news in this box either.
Photo: Foxconn

Leading iPhone manufacturer Foxconn has failed to secure a stake in a Taiwanese chip company with the potential to earn massive amounts of cash from Apple.

Foxconn had made a bid for a share in Siliconware Precision Industries (SPIL), offering a share swap which would have made it the largest shareholder in the company.

Unfortunately for Foxconn, the proposal was shot down by SPIL’s board of directors on Thursday, who argued that Foxconn, “fails to make a compelling case regarding necessity of the share swap.”

Apple’s Television Set Will Be Powered By A Custom-Built Processor Like Its iOS Devices [Rumor]



Like its iPhone, iPad, and iPod touch which utilize the company’s A4 and A5 processors, Apple’s upcoming television set will be powered by a custom-built chip made specifically for the Cupertino company. Sources claim that a number of manufacturers are currently bidding for Apple’s order, including Taiwan Semiconductor Manufacturing Company (TSMC), Advanced Semiconductor Engineering (ASE), and Siliconware Precision Industries (SPIL).