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NEWS TAGGED FOXCONN
Monday 18 March 2024
Foxconn subsidiary reportedly in talks to set up facility in India
A Foxconn subsidiary is reportedly discussing investing in India, as an increasing number of smartphone suppliers are clustering in southern parts of the country.
Monday 18 March 2024
Foxconn highlights five growth pillars for 2024
Foxconn (Hon Hai) will see its revenue growth momentum for 2024 come from five main development axes – namely AI servers, three major smart platforms, Electrical Vehicles (EVs),...
Friday 15 March 2024
Foxconn upgrades 2024 outlook on soaring AI server demand
Driven by the increased market visibility of AI servers, Foxconn has upgraded its outlook for 2024 from neutral to significant growth, as announced by chairman Young Liu during a...
Friday 15 March 2024
Foxconn forecasts substantial growth for 2024, AI servers are key driver
AI was the focus of Foxconn's earnings call on March 14, with chairman Young Liu upgrading his forecast for 2024 to significant growth due to increased order visibility for AI servers...
Thursday 14 March 2024
Foxconn's recent AI server news to be 4Q23 earnings call highlight
Foxconn will hold its earnings call for the fourth quarter of 2023 in the afternoon of March 14.
Tuesday 12 March 2024
HPE, Dell, and others see orders ramp up as AI moves from cloud to edge
As AI device applications expand from the cloud to the edge, orders for vendors including Asustek Computer, Dell, and Hewlett Packard Enterprise (HPE) have increased significantly,...
Tuesday 12 March 2024
HPE may turn to satisfy significant AI server demand
Hon Hai (Foxconn) is said to have secured a major coup for its AI server business. According to market sources, Hewlett Packard Enterprise (HPE) has been responding to significant...
Friday 8 March 2024
Foxconn to shed light on China's tech manufacturing sector as iPhone headwinds mount
Foxconn Technology Group's public arm Hon Hai Precision Industry Co. will headline an earnings week that should offer insights into the outlook for China's tech sector, where the...
Wednesday 6 March 2024
Foxconn sees strong server sales in February
Foxconn (Hon Hai Technology Group) has reported significant sales for server-related products for February 2024, driven by strong customer orders.
Friday 1 March 2024
Foxconn to still reap benefits despite Apple's shift away from EVs
Rumors persist that Apple is interested in investing in the development of the Apple Car. Recent speculations suggest that Project Titan, which has never been officially confirmed,...
Thursday 29 February 2024
Foxconn to acquire land for AI server manufacturing in Mexico
Hon Hai Technology Group (Foxconn) has issued a company filing with the Taiwan Stock Exchange (TWSE) announcing that on behalf of its subsidiary Foxconn Industrial Internet (FII),...
Tuesday 27 February 2024
Karnataka commissioner's Taiwan visit: tech investment, Wistron assurance, and sustainable vision
Gunjan Krishna, Karnataka's Commissioner of the Department of Industries and Commerce, recently visited Taiwan to attend Foxconn's 50th-anniversary celebration. Her visit came in...
Friday 23 February 2024
Foxconn's 50th-anniversary banquet celebrates enduring Apple partnership
On February 20, Hon Hai Group (Foxconn) celebrated its 50th anniversary with a grand banquet, hosting prominent guests from major clients like Apple, suppliers, partners, government...
Friday 23 February 2024
Foxconn prioritizes EVs in its business transformation
Hon Hai Technology (Foxconn) is rapidly growing its electric vehicle (EV) business, one of the three industries where the contract manufacturing company strives to position itself.
Friday 23 February 2024
Foxconn adopts the 'system foundry' business model
Hon Hai Technology (Foxconn) is transitioning to a "solutions" provider rather than an electronics and semiconductor manufacturer. The firm said it is moving toward a "system foundry"...
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