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NEWS TAGGED HON HAI PRECISION INDUSTRY
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
Hon Hai celebrates 50 years as expert predicts ubiquitous AI applications
Celebrating the 50th anniversary of Hon Hai Corporation, Hon Hai Research Institute held the AI NExT Forum with the theme of "50 Years-New Era of Wisdom: Generative AI and Future...
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...
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...
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"...
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 28 June 2024
ShunSin accelerates SiPh and CPO deployment
ShunSin Technology, a subsidiary of Hon Hai Technology Group (Foxconn) that specializes in System-in-Package (SiP) modules, has accelerated the deployment of Silicon Photonics (SiPh)...
Thursday 6 June 2024
Foxconn eyes on data center leasing opportunities
Data center leasing is emerging as a promising opportunity amid the rising demand for AI. Subsidiaries of the Hon Hai Technology Group (Foxconn) are gearing up to build advanced data...
Wednesday 5 June 2024
Foxconn and Nvidia announce cutting-edge computing hub in Taiwan
At COMPUTEX 2024, Foxconn Technology Group revealed its latest venture in partnership with Nvidia.
Friday 24 May 2024
Foxtron eyeing global market presence
Foxtron Vehicle Technologies, an Electric Vehicle (EV) joint venture between Hon Hai Precision Industry (Foxconn) and Yulon Motor, is targeting sales in North America and Southeast...
Thursday 9 May 2024
Taiwan system assemblers pursue profit growth amid unclear iPad demand
Taiwan-based system device assemblers are seeking profit growth by expanding output and component integration, as the tablet market sees limited momentum and demand for Apple's latest...
Monday 6 May 2024
iPhone maker Hon Hai hits a record high buoyed by AI, Apple
Hon Hai Precision Industry Co.'s shares jumped to a record high after posting its strongest monthly sales growth since the start of 2023, potentially raising expectations for iPhone...
Thursday 18 April 2024
Foxconn confirms rotating CEO system in place since April
Following rumors indicating that Foxconn is considering adopting a rotational CEO system, Young Liu, chairman of Foxconn, when attending the Autotromics Taipei on April 17, disclosed...
Friday 12 April 2024
Hon Hai developing management talent, possibly establish rotating CEO system
To enhance corporate governance, Taiwan's Hon Hai Technology, also known as Foxconn, may establish a rotating CEO system to nurture more talented individuals from within the company,...
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...