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Thursday 17 December 2020
Taiwan firms face critical moments in next 3-5 years in quantum computing, says Foxconn chair
Foxconn Technology Group (Hon Hai Precision Industry) chairman Young-Way Liu has pointed out that quantum computing is attracting more global attention, and the next three to five...
Thursday 10 December 2020
Foxconn eyeing stake in Silterra
Foxconn Electronics (Hon Hai Precision Industry) is still seeking to acquire a stake in Malaysia-based 8-inch foundry house Silterra as part of a move to achieve its ambition in the...
Wednesday 9 December 2020
Foxconn confirms ransomware attack, but no material impacts
The Foxconn Technology Group, while confirming that one of its plants in Mexico faced a ransomware attack recently, has said the plant is gradually recovering, and the overall impacts...
Friday 4 December 2020
Foxconn posts record November revenue
Foxconn Electronics (Hon Hai) saw its consolidated revenues climb 11.2% sequentially and 13.1% on year to a record high of NT$681.38 billion (US$24 billion) in November 2020.
Friday 27 November 2020
Competition among server manufacturers to become fiercer in 2021
With Foxconn Technology (Hon Hai Precision Industry) reportedly breaking into the supply chain for Google's datacenter servers, competition among server ODMs will be fierce in 2021,...
Friday 20 November 2020
Shunsin to start commercial runs at new Vietnam plants in 2021
Backend house ShunSin Technology, a subsidiary of Foxconn Technology, is set to start commercial production at its new plants in Vietnam 2021, mainly to fulfill orders from US clients,...
Tuesday 17 November 2020
iPhone 12 supply chain makers see clear order visibility
Apple's supply chain makers of the iPhone 12 lineup reportedly are taking measure to ramp up their output to help address the tight supply of the new iPhones in a number of markets,...
Friday 13 November 2020
Foxconn bids for stake in Silterra, says chairman
Foxconn Electronics (Hon Hai Precision Industry) has confirmed that it has placed a bid to take over a stake in Malaysia-based 8-inch foundry house Silterra, expecting the result...
Friday 6 November 2020
Foxconn posts revenue surge in October
Foxconn Electronics (Hon Hai) has reported consolidated revenues surged 31.4% sequentially and 2.8% on year to NT$612.55 billion (US$21.45 billion) in October 2020.
Thursday 15 October 2020
Foxconn remains major iPhone assembler
Foxconn Electronics (Hon Hai) has secured the bulk of orders for the new iPhone 12 series and will see its shipments for the new Apple smartphones peak through the first quarter of...
Tuesday 6 October 2020
Foxconn likely to see revenue growth through early 2021
Foxconn Electronics (Hon Hai) is expected to see its monthly revenues grow through the fourth quarter of 2020 or even early next year, according to market sources.
Tuesday 29 September 2020
Foxconn, Yageo form strategic alliance
Foxconn Electronics (Hon Hai Precision Industry) has formed a strategic alliance with passive component supplier Yageo, combining their resources to develop solutions and services...
Thursday 17 September 2020
Pegatron, Foxconn to see revenue peak in 4Q20
With the new iPhones 12 series coming soon, Foxconn Electronics (Hon Hai) and Pegatron are expected to see their revenues peak for 2020 in the fourth quarter, according to market...
Tuesday 18 August 2020
Foxconn to build server component production hub in Taiwan
Foxconn Industrial Internet (FII), an affiliate of the Foxconn Technology Group (Hon Hai Precision Industry), plans to set up a server component production hub at an industrial park...
Tuesday 28 July 2020
Foxconn revving up to expand presence in cloud server sector
Having obtained orders from Amazon Web Services (AWS) and Microsoft, Foxconn Technology Group (Hon Hai Precision Industry) is gearing up to win orders from Facebook and Google seeking...