Monday 3 June 2024
Driven by AI, Foxconn looks to set new sales record in 2025
Foxconn has held a shareholders' meeting on May 31. Chairman Young Liu expressed optimism about the overall development of the AI market, stating that the revenue from the AI server...
Thursday 18 April 2024
New business models keeping Foxconn on track for 2025 EV targets, says chairman Young Liu
Foxconn chairman Young Liu notes that current headwinds in the global electric vehicle (EV) market have been long expected, although turmoil has come earlier than predicted; however,...
Thursday 11 April 2024
Foxconn considering rotating CEO system
According to sources, Foxconn is reportedly considering introducing a rotating CEO system, a concept that has been under consideration for some time.
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...
Thursday 22 February 2024
AI server reality check: Foxconn's Young Liu raises doubts amidst industry hype
In 2023, AI took the global tech scene by storm, not just lighting up the tech industry's dim outlook but also emerging as a linchpin for supply chain players eyeing a market resur...
Tuesday 24 October 2023
Foxconn seen not to easily reduce presence in China after tax probe
Foxconn Technology Group will not easily scale down its business deployments in China though it has come under tax probes and land use investigations by the Chinese authorities, and...
Thursday 19 October 2023
Foxconn, Nvidia team up to build AI factories
Hon Hai Technology Group (Foxconn) will play a significant role in the development of Nvidia's AI factories, according to Nvidia CEO Jensen Huang.
Wednesday 18 October 2023
Foxconn HHTD kicks off with presentation of EV
Today (October 18) marked the fourth annual Hon Hai Tech Day (HHTD) as the ceremony kicked off with a combined presentation by Nvidia CEO Jensen Huang and Hon Hai Technology (Foxconn)...
Thursday 7 September 2023
PC industry to hit bottom in 3Q23, says Foxconn chairman
Young Liu, chairman of Foxconn (Hon Hai Technology Group), has expressed optimism in business in the fourth quarter of 2023, saying it will be definitely better than that in the third...
Monday 4 September 2023
Terry Gou resigns from Foxconn board
Terry Gou, the founder of Hon Hai Technology Group (commonly known as Foxconn), tendered his resignation as a director of the company, citing "personal reasons," according to a company...
Tuesday 22 August 2023
Is AI server bandwagon loaded with hitchhikers?
The AI server frenzy remains unabated, allowing more and more related supply chain players to emerge. But amid the numerous companies claiming to be associated with AI servers, the...
Tuesday 15 August 2023
Foxconn's investment in India to expand to CE and EV key component assembly
Foxconn has seen multi-fold growth in revenue, employee numbers, and investment since its expansion into India in 2005, says the company's chairman, Young Liu. While primarily focused...
Tuesday 15 August 2023
Foxconn grows presence in upstream AI server segment
Contract electronics vendor Foxconn has a sizable share in the upstream AI GPU module and substrate markets of the AI server supply chain, according to company chairman Young Liu.
Monday 24 July 2023
Foxconn chairman makes second visit to Sharp and stays whole week
Foxconn Electronics (Hon Hai Precision Industry) chairman Young Liu reportedly made another visit to Sharp in Japan last week, following his previous 3-day visit in early July, and...
Friday 7 July 2023
Foxconn chairman visits Japan to meet Sharp executives
Foxconn chairman Young Liu recently paid a visit to Sharp's headquarters in Japan, which may indicate that the Taiwanese company has no plans to spin off the money-losing subsidiary,...