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Friday 30 August 2024
Huawei reports strong 34.3% revenue growth in 1H24, targets ambitious CNY800 billion for the year
On August 29, Huawei announced its 2024 first-half financial results, showing a robust 34.3% year-on-year revenue increase to CNY417.5 billion (US$58.83 billion), with a net profit...
Thursday 29 August 2024
AI development requires sustainable business models, says Acer chairman
Jason Chen, chairman of Acer, has emphasized the critical need for new business models to sustain the continued growth of the AI industry. Despite the surging demand for AI-driven...
Monday 26 August 2024
Foxconn denies low yields of made-in-India iPhones
Foxconn's Tucheng headquarters hosted a traditional Ghost Festival ceremony on August 23. Following the event, chairman Young Liu addressed recent speculation, assuring investors...
Monday 26 August 2024
Foxconn remains committed to China despite economic ups and downs
Foxconn reaffirmed its commitment to Henan, its primary manufacturing hub in China, during a traditional Ghost Festival ceremony at its Tucheng headquarters on August 23. The company...
Friday 23 August 2024
Elite Material and Zhen Ding collaborate on material research
Elite Material, a top manufacturer of high-performance copper clad laminates (CCL), has signed a strategic cooperation agreement with Zhen Ding, a global leader in PCB production...
Wednesday 21 August 2024
Foxconn reportedly to begin iPhone Pro manufacturing in India soon
Just days after Foxconn chairman Young Liu visited Tamil Nadu, reports indicate that the company's iPhone plant in the southern Indian state will soon commence production of the latest...
Monday 19 August 2024
Foxconn chairman inaugurates first women-only housing complex, pursues EVs and energy in India
Following a meeting with Indian Prime Minister Narendra Modi, Foxconn's chairman, Young Liu, inaugurated a women-only residential complex for nearly 20,000 employees and announced...
Thursday 15 August 2024
Ennoconn doubles down on ESG and AI to break free from price war
Due to the ever-changing nature of the industry and the growing competition within the market, Ennoconn's chairman, Fu-chuan Chu, who recently landed an agreement with NCR Voyix as...
Thursday 15 August 2024
Foxconn chairman visits India again
As Foxconn revealed its second-quarter results in Taiwan on August 14, its chairman, Young Liu, visited India to meet with Indian Prime Minister Narendra Modi for the second time...