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AI boom lifts Foxconn August sales to USD 29.14 billionFoxconn's August sales surged significantly, reaching the second-highest monthly total in its history. This growth was fueled by strong dem...- To Chennai from Cupertino: How Tim ‘cooked’ Apple's India recipeTim Cook leaves Apple after 15 years with India as a critical part of his supply-chain legacy. What began with assembling older iPhones in ...
- Vietnam's export triumph: How a small nation beat China and India to become America's top trade partnerVietnam now leads all nations in its trade surplus with the United States. This significant shift occurred during the first half of the yea...
- Tamil Nadu scraps Parandur airport plan, looks for new site near ChennaiTamil Nadu's Chief Minister Joseph Vijay announced the abandonment of the Parandur airport project. This decision prioritizes agricultural ...
- India's semiconductor market seen reaching $155 billion by CY31, share of global consumption to rise to 9%: ReportIndia's semiconductor market is projected to reach USD 155 billion by CY31, implying a compound annual growth rate (CAGR) of 20 per cent an...
- Global Market: China, Hong Kong stocks rebound as healthcare and tech shares rallyChina and Hong Kong stocks rebounded on Thursday, led by healthcare and technology shares, after a sharp selloff in the previous session. F...
- Hon Hai to direct 2026 capital expenditure toward global AI expansionTaiwan-based Hon Hai Precision Industry Co. announced that its capital expenditure for 2026 will focus on expanding artificial intelligence...
- Foxconn posts quarterly profit surge on AI server demandThe company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official...
- Foxconn's monthly revenue hits record in July on AI demandNvidia and Apple supplier Foxconn's monthly revenue hit a record in July, surpassing T$900 billion ($27.93 billion) for the first time ...
- Foxconn vendor Agile Robots acquires majority stake in XNG Automation to scale up local production"We have acquired a majority stake in Bengaluru-based XNG Automation to expand our local production of automation solutions," Agile India m...
- Taiwan's economy grows by almost 13% on AI demandTaiwan's exports surged 21.6% year-on-year in the second quarter, which was "mainly driven by the sustained strong external demand for arti...
- Deepinder Goyal’s Temple eyes fresh funding; PE-VC exits shiftDeepinder Goyal’s Temple is raising funds and will soon begin shipping its wearable device. This and more in today’s ETtech Top 5.
- Foxconn signals India’s shift to high-value manufacturing“India is a huge market for us. That’s why we have so many new footprints in the past three or four years, and there are still things to co...
- Cabinet clears Rs 1.9 Lakh crore push for chip, mobile phone manufacturingThe Union Cabinet approved significant new schemes for semiconductor and mobile phone manufacturing. The India Semiconductor Mission's seco...
- India approves Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to boost exports and jobsThe union cabinet approved a new mobile phone manufacturing scheme. This initiative has an outlay of sixty-two thousand five hundred crore ...
- Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facilityKing Yuan Electronics said the investment is intended to support operational growth and strengthen its position in the global supply chain.
- Govt, industry brainstorms on ways to achieve $150 bn exports target for electronicsDeliberations were held with industry stakeholders on achieving the USD 150 billion electronics exports target. India's policy framework mu...
- Global Market: Foxconn Q2 revenue jumps nearly 40% on AI demand, beats estimatesFoxconn reported a better-than-expected 39.8% year-on-year jump in second-quarter revenue, driven by strong demand for AI servers and cloud...
- Foxconn second-quarter revenue jumps, company cautions on geopoliticsRevenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June ...
- Foxconn infuses Rs 351 crore into India armIn a substantial development, Taiwanese electronics powerhouse Foxconn has committed an impressive USD 37.2 million (around Rs 351 crore) t...
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