Taiwanese electronics firm Foxconn's Q3 profit rises 17%, beats forecastsFoxconn reported a 17% rise in third-quarter profit to $1.89 billion, beating forecasts, driven by strong demand for AI servers. The Apple ...
12 Nov, 2025, 12.41 PM IST
Foxconn sees robust AI demand as second-quarter profit tops forecastThe company said artificial intelligence server revenue is expected to leap more than 170% year-on-year in the coming quarter, though it al...
14 Aug, 2025, 06.08 PM IST
AI demand expected to boost electronics giant Foxconn's second-quarter profitNet profit for April-June for Apple's top iPhone assembler and Nvidia's server maker likely came in at T$38.8 billion ($1.30 billion), up f...
14 Aug, 2025, 10.24 AM IST
Taiwan to help companies relocate to US following Trump tariffsTaiwan has announced assistance for firms planning to relocate to the U.S. in response to President Trump's new tariffs on imports from Mex...
03 Feb, 2025, 10.32 AM IST
Trump's promised tariffs likely to hit global companies from Audi and BMW to Foxconn and LGPresident Trump intends to impose 25% tariffs on Canada and Mexico, impacting several Asian automakers and battery firms. This move affects...
21 Jan, 2025, 11.19 AM IST
Why Taiwan's Foxconn, an iPhone supplier, is investing in Texas and ThailandOver the past two years, Foxconn has spent millions of dollars building up its operations around the world to lessen its dependence on Chin...
27 Dec, 2024, 01.35 PM IST
From Audi to Foxconn and H&M; which companies are likely to feel the heat from Donald Trump's tariffs?President-elect Trump's proposed tariffs on Canada, Mexico, and China threaten major industries. Automakers like Audi, BMW, and Toyota, alo...
05 Dec, 2024, 04.18 PM IST
Taiwan's Foxconn says global manufacturing footprint to shield it from Trump's tariffsUS President-elect Donald Trump said on Monday that on his first day in office he will impose a 25% tariff on all products from Mexico and ...
27 Nov, 2024, 09.30 AM IST
Trump's promised tariffs: Which companies might be affected?Trump announced tariffs on major trading partners, including Mexico. Many automakers like Honda, Nissan, and Toyota have plants in Mexico. ...
26 Nov, 2024, 10.04 AM IST
In a shift from China to India & elsewhere, Foxconn isn’t letting a good downturn go to wasteFoxconn is accelerating its global migration away from China and plans to spend billions of US dollars in India and elsewhere, as a rebound...
15 Aug, 2023, 09.04 AM IST
Quanta Computer to invest $1 billion in northern MexicoTaiwan-based electronics manufacturer Quanta Computer will invest $1 billion in the northern Mexican state of Nuevo Leon, the company and s...
23 May, 2023, 09.40 AM IST
Apple supplier Foxconn steps up investment outside China, as consumer electronics demand dipsFoxconn, which assembles around 70% of iPhones, has been diversifying production away from China, whose strict COVID restrictions disrupted...
15 Mar, 2023, 09.19 PM IST
Foxconn plant near Chennai to stay shut this week after protests, say govt sourcesPolice on Monday released dozens of those detained for blocking a key highway in a protest against food poisoning at the Foxconn plant that...
22 Dec, 2021, 09.51 AM IST
Foxconn plant near Chennai to stay shut this week after protestsPolice on Monday released dozens of those detained for blocking a key highway in protest after the food poisoning incident last week at the...
21 Dec, 2021, 01.49 PM IST
Foxconn says looking at making EVs in Europe, India, Latin AmericaFoxconn, formally called Hon Hai Precision Industry Co Ltd, aims to become a major player in the global EV market and has clinched deals wi...
20 Oct, 2021, 11.01 AM IST
Pegatron may start local production by SeptemberPegatron Corporation, Apple’s second-largest supplier, expects to start production in India by September and plans to train nearly 5,000 pe...
25 Mar, 2021, 09.43 AM IST
Foxconn to begin making mobiles at Navi Mumbai plant from AugustThe rented premise is a temporary facility and the company is looking at 1,200 acres of land in Maharashtra for a new multi-billion dollar ...
12 Jul, 2016, 01.52 PM IST