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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...