Foxconn

Foxconn says global manufacturing footprint to shield it from Trump’s tariffs
Foxconn says global manufacturing footprint to shield it from Trump’s tariffs
November 27, 2024
TAIWAN’S Foxconn said on Wednesday (Nov 27) it expects any impact of new tariffs from US President-elect Donald Trump to hit it less than its rivals, citing its global...
Taiwan tech giant Foxconn posts US.5 billion Q3 net profit
Taiwan tech giant Foxconn posts US$1.5 billion Q3 net profit
November 14, 2024
Taiwanese tech giant Foxconn on Thursday (Nov 14) reported a forecast-topping net profit for the third quarter on robust demand for artificial intelligence servers and said it expected 2025...
Foxconn subsidiary seeks US million Vietnam investment for integrated circuits
Foxconn subsidiary seeks US$80 million Vietnam investment for integrated circuits
November 4, 2024
TAIWANESE giant Foxconn’s subsidiary Shunsin is seeking a permit to invest US$80 million in northern Vietnam to produce integrated circuits, according to a document from Vietnam’s environment ministry.The proposed...
Taiwan says four Foxconn employees detained in China
Taiwan says four Foxconn employees detained in China
October 11, 2024
FOUR employees of Taiwan’s Foxconn, the world’s largest iPhone assembler, have been detained in China under “quite strange” circumstances, Taiwan’s government said.Taiwan’s Mainland Affairs Council, in a statement to...
Foxconn chief defends hiring practices after report married women rejected in India
Foxconn chief defends hiring practices after report married women rejected in India
August 19, 2024
FOXCONN’S chairman on Saturday (Aug 17) defended its hiring practices after New Delhi ordered investigations following a Reuters report that the Apple supplier rejects married women from iPhone assembly...
Foxconn Q2 revenue beats market forecast on AI server demand
Foxconn Q2 revenue beats market forecast on AI server demand
July 5, 2024
Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler, posted on Friday (Jul 5) better-than-expected quarterly revenue on AI server demand, and forecast continued growth...
Foxconn to invest US3 million in Vietnam circuit board plant: state media
Foxconn to invest US$383 million in Vietnam circuit board plant: state media
June 24, 2024
FOXCONN Singapore has been awarded a licence to invest US$383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday (Jun 24). The plant...
Foxconn billionaire’s eight-year stock target finally comes true
Foxconn billionaire’s eight-year stock target finally comes true
June 18, 2024
TERRY Gou, the billionaire founder of iPhone assembler Foxconn Technology Group, has finally reached a goal that had eluded him for about eight years.Shares of the group’s flagship Hon...
Foxconn eyes 40% global AI server market share
Foxconn eyes 40% global AI server market share
May 31, 2024
TAIWANESE tech giant Foxconn said on Friday (May 31) that its global market for artificial intelligence (AI) servers is expected to increase to 40 per cent this year, with...
Apple supplier Foxconn among firms asked to cut power use in Vietnam: sources
Apple supplier Foxconn among firms asked to cut power use in Vietnam: sources
May 21, 2024
VIETNAMESE officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30 per cent at its assembly plants in the north of the country where there...