Foxconn sends 97% of India iPhone exports to US as Apple tackles Trump's tariffsBetween March and May, 97% of iPhones exported from India by Foxconn were shipped to the U.S., highlighting Apple’s move to bypass U.S. tar...
13 Jun, 2025, 12.20 PM IST
Apple's iPhone production slows but steadies in May at ₹15,000 croreApple's India iPhone production remains strong. Vendors produced over ₹15,000 crore worth of iPhones in May. This is slightly less than pre...
11 Jun, 2025, 08.06 AM IST
Foxconn sees net profit rise 14% in Q3 on the back of strong demand for AI serversThe company said that the cumulative revenue of AI servers in the first three quarters of this year grew more than 200% compared to the sam...
14 Nov, 2024, 09.08 PM IST
Major Apple supplier Foxconn expected to report strong Q3 results on AI boomFoxconn's shares have surged more than 100% so far in 2024, far outperforming the broader market's 28% gain. Foxconn said last month it was...
14 Nov, 2024, 09.32 AM IST
Make-in-India Pro Max: iPhone 16 is a milestone for Indian manufacturingIndia's manufacturing sector is gaining momentum, led by the electronics industry. Apple is a key player, with plans to shift 25% of iPhone...
10 Sep, 2024, 11.25 AM IST
How Apple is doubling down on its India manufacturing planApple expanded its manufacturing in India, including opening flagship stores and potentially assembling iPads. The company's sales in India...
27 Jul, 2024, 05.25 PM IST
Apple supplier Foxconn rejects married women from India iPhone jobsA former human-resources executive at Foxconn India said the company's executives verbally convey the recruitment rules to its Indian hirin...
25 Jun, 2024, 03.59 PM IST
iPhone 17 may be developed in India from 2H 2024, says Apple analystApple’s contract manufacturers — Foxconn (Hon Hai), Pegatron, and now the Tata Group, which acquired the Wistron production lines for $135 ...
02 Nov, 2023, 01.19 PM IST
Apple to manufacture iPhone 15 Plus in India from next quarterApple plans to manufacture the iPhone 15 Plus in India starting next quarter, according to industry executives. The company has already beg...
14 Sep, 2023, 11.45 AM IST
Foxconn's July sales drop 1.23% on-year, Q3 outlook betterFoxconn, formally called Hon Hai Precision Industry Co Ltd, said revenue last month reached T$469.23 billion ($14.82 billion), up nearly 11...
05 Aug, 2023, 02.42 PM IST
Vedanta-Foxconn $19.5 billion JV is off; More cost cuts at cash-strapped DunzoBarely a year after Taiwan’s Foxconn signed a joint venture with Indian conglomerate Vedanta to set up semiconductor manufacturing plants i...
10 Jul, 2023, 08.13 PM IST
Indictment details plan to steal Samsung secrets for Foxconn China projectProsecutors announced the indictment on June 12, saying the theft caused more than $200 million in damages to Samsung Electronics, based on...
27 Jun, 2023, 11.17 AM IST
Apple now manufacturing iPhone 14 in IndiaEarlier this month, Apple Inc unveiled its latest iPhone series - the iPhone 14 models - with an improved camera, powerful sensors and sate...
26 Sep, 2022, 02.59 PM IST
Apple set to post quarterly record of 2 million iPhone shipments in Q3: AnalystsIDC and CMR also estimated record quarterly shipment numbers for the iconic smartphone major, but their estimates were below 2 million ship...
20 Oct, 2021, 10.28 PM IST
iPhone 12 production on track at Foxconn unit, Mini may be late post Wistron incidentTwo industry executives said the ‘Made in India’ iPhone 12 from Foxconn is expected to hit the stores within two months, in accordance with...
21 Dec, 2020, 10.04 AM IST
Apple supplier Pegatron board okays initial $150 million investment in India: ReportPegatron’s factory in India is expected to start production in the second half of next year or in early 2022 and the company plans to make ...
23 Nov, 2020, 01.55 PM IST
Trade war fallout: China’s days as factory to the world are over, iPhone maker saysFoxconn has been shaking up its traditionally China-focused operations. Hon Hai is among Apple assembly partners that plan to expand operat...
13 Aug, 2020, 09.45 AM IST