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NEWS TAGGED FOXCONN
Thursday 10 April 2025
Foxconn plans to launch EVs in Asian markets starting in 2026
Foxconn announced on April 9 in Tokyo its ambitious plans to enter the electric vehicle (EV) market, with multiple vehicle models expected to launch beginning in 2027. The announcement...
Thursday 10 April 2025
Foxconn hopes to work with Nissan on EVs
Hon Hai Precision Industry (Foxconn) hopes to collaborate with Nissan Motor to advance its electric vehicle (EV) business, according to Jun Seki, chief strategy officer (CSO) of Foxconn's...
Wednesday 9 April 2025
Foxconn Industrial Internet reports record profits in 1Q25, with server revenue growing over 60% year-over-year
Foxconn Industrial Internet (FII), a subsidiary of Foxconn, is poised for significant revenue and profit growth in the first quarter of 2025, driven by improving shipments of next-generation...
Tuesday 8 April 2025
Trump's tariffs trigger market turmoil: TSMC plunges 13.56%, Foxconn falls 18.57%, Wiwynn bucks trend
US President Donald Trump's introduction of "reciprocal tariffs" across various countries has triggered a substantial market upheaval, causing US equity markets to drop sharply over...
Tuesday 8 April 2025
AI server ODMs scramble to ship from Mexico amid USMCA and ongoing tariff uncertainties
The Trump administration's push for reciprocal tariffs has sent shockwaves through the global electronics industry. While the server market initially appeared shielded, a closer look...
Tuesday 8 April 2025
US tariffs force Foxconn pivot toward India, Vietnam for non-China, non-US markets
The global electronics industry is bracing for significant disruption after implementing new baseline and reciprocal tariffs announced on April 2. Experts predict that smartphones,...
Monday 7 April 2025
Cloud growth drives Foxconn's March revenue to NT$552.125B
Driven by the continued growth of AI server cloud network products, system manufacturing leader Foxconn reported a revenue of NT$552.125 billion (approx. US$16.7 billion) for March...
Monday 7 April 2025
Trump's tariff policies force global supply chains to adapt
Supply chain operators worldwide are carefully navigating the impact of President Trump's sweeping tariff policies, which have rapidly reshaped global trade dynamics since his January...
Monday 7 April 2025
India roundup: Foxconn expands Indian investments as Trump imposes reciprocal tariffs
As Trump imposes a 27% reciprocal tariff against India on top of a 10% baseline duty, India launches an electronics component manufacturing incentive scheme, and Foxconn continues...
Wednesday 2 April 2025
Foxconn expands third-party ESG audits to nine global facilities, achieves 89% compliance
Foxconn is broadening its third-party environmental, social, and governance audit program to nine facilities across China, Vietnam, Malaysia, India, and Mexico in 2024, as the iPhone...
Wednesday 2 April 2025
Foxconn buys Apple equipment as production ramps up in India
Foxconn (Hong Hai) revealed that its Indian subsidiary will procure equipment from Apple's subsidiary, signaling an expansion of Apple product production in India, which is rapidly...
Tuesday 1 April 2025
Foxconn's CEO rotation signals strategic evolution
When Foxconn (Hon Hai Technology Group) launched its rotating CEO system in April 2024, it was seen as a bold experiment aimed at grooming future leaders and strengthening corporate...
Monday 31 March 2025
Foxconn reportedly to double iPhone manufacturing in India
Foxconn reportedly plans to double iPhone production in India by 2025, aiming to produce 25-30 million units annually. This expansion, driven by Apple's diversification strategy and...
Sunday 30 March 2025
Foxconn appoints Kathy Yang as rotating CEO, first woman to take the helm
Hon Hai Technology Group (Foxconn) today announced the appointment of Kathy Yang Chiu-chin as its new rotating Chief Executive Officer, effective immediately.
Friday 28 March 2025
Foxconn boosts global growth with significant investment in US manufacturing facilities
Geopolitical tensions have made regional production a critical priority for manufacturers, and Foxconn, a company renowned for its global manufacturing footprint, is once again enhancing...