HP to use Sharp’s parent
HP announced it will outsource to Foxconn Electronics, a division of Hon Hai Precision, which owns Sharp, some of the production of its laser printers/MFPs.
- Will move manufacturing currently conducted at a plant in Weihai, China and transfer employees to Foxconn (Weihai plant was acquired from Samsung by HP)
- Will be completed by 4th quarter of 2022