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NEWS TAGGED FOXCONN
Thursday 25 July 2024
Foxconn steps up investment in China
Under the current geopolitical climate, the trend toward localized production is set to continue for some time. Yet Hon Hai Precision (Foxconn) is seemingly bucking the trend, instead...
Wednesday 24 July 2024
Sharp acquires communication patents from Foxconn subsidiary to boost wireless tech portfolio
Sharp has made a strategic move to enhance its mobile device wireless communication technology by acquiring communication patents from Foxconn. This acquisition aims to strengthen...
Friday 19 July 2024
Foxconn, Luxshare to gain from consumer electronics demand recovery
Demand for smartphones and other consumer electronics is on the rise, prompting device assemblers such as Hon Hai Precision Industry (Foxconn) and Luxshare Precision Industry to prepare...
Thursday 18 July 2024
Players' cards in AI server assembly market
Generative AI continues to fuel global server business potential spreading like wildfire. Taiwanese manufacturers dominate the global AI server assembly industry, representing as...
Friday 12 July 2024
Apple rumored to stock up iPhone 16s to 90 million units; Foxconn initiates peak season hiring
Supply chain sources indicate that following the reveal of the new AI platform Apple Intelligence at the WWDC in June and the announcement that it will be integrated into the iPhone...
Friday 12 July 2024
Foxconn subsidiary to acquire Auto-Kabel for EUR72.5 million
Foxconn Interconnect Technology (FIT), a subsidiary of Hon Hai Technology Group (Foxconn), has announced plans to acquire Germany-based Auto-Kabel for a total of EUR72.5 million (US$78.8...
Wednesday 10 July 2024
India reportedly asks Apple to consider local production plan for tablets and PCs
The Indian government is reportedly urging Apple to increase the range of products manufactured in the country, including iPads and Macs. According to a Money Control report...
Wednesday 10 July 2024
AI server surge boosts June revenue at Foxconn, others
With demand for AI-related hardware remaining strong, companies in the supply chain have been posting strong results for the traditional off-peak season. In particular, key players...
Tuesday 9 July 2024
Foxconn steps up new factory development in India, Vietnam, and Mexico
As a global leader in ICT manufacturing, Hon Hai (Foxconn) has become a bellwether of relocation trends in the manufacturing industry, as its customers increasingly demand "China+1"...
Monday 8 July 2024
Trial production of Pixel smartphones begins in India by Foxconn and Dixon
Google is gearing up to establish India as a key export hub for its Pixel smartphones targeting markets in Europe and the US, with the local production of Pixel smartphones to commence...
Friday 5 July 2024
Foxconn's June revenue skyrockets to record quarterly high on AI server boom
Driven by robust market demand for AI server products, Foxconn's (Hon Hai) revenue for June reached NT$490.725 billion (US$15.91 billion).
Friday 5 July 2024
Foxconn Indian subsidiary reportedly faces executive exodus, facility closure amid declining Xiaomi orders
Foxconn's expansion of iPhone manufacturing in India is contrasting sharply with the challenges faced by its local subsidiary responsible for Android smartphone production. Bharat...
Wednesday 3 July 2024
PanelSemi diversifies from displays to semiconductor sector
PanelSemi, which was established with the backing of Foxconn founder Terry Gou and invested by panel manufacturer Innolux, has expanded its operations beyond displays to semiconduc...
Monday 1 July 2024
India roundup: Foxconn denies discrimination against married women in India
Foxconn encountered fresh accusations from a Reuters report saying the company excludes married women from working at facilities, which Foxconn refutes. Data indicated that India...
Friday 28 June 2024
Elected chairman of Sharp, how will Foxconn's Young Liu help the company's transformation?
Sharp has experienced significant losses over the past two years due to issues at its Sakai Display Products (SDP) subsidiary, which has impacted Foxconn's profitability. Helping...