Intel will continue selling its E2140 processor. Is a second generation iPhone right around the corner? Foxconn says it will not invest in LG Phillips.

Foxconn Electronics (Hon Hai Precision Industry) has denied a recent report from the Chinese-language Economic Daily News (EDN) that stated the company may take a 10-15% stake in Korea-based TFT LCD panel maker LG.Philips LCD, according to a Foxconn filing with the Taiwan Stock Exchange (TSE).