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Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...- US clears H200 chip sales to 10 China firms as Nvidia CEO looks for breakthroughDespite US approval for around 10 Chinese firms to buy Nvidia's H200 AI chips, no deliveries have occurred. CEO Jensen Huang's China trip, ...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- HCL-Foxconn selects CTCI as EPC partner for Uttar Pradesh semiconductor facilityThe HCL-Foxconn joint venture has appointed Taiwanese firm CTCI as the EPC partner for its upcoming semiconductor assembly and testing faci...
- Apple’s Tim Cook takes on crucial new role: Global ambassadorTim Cook steps into a new role as executive chairman, dedicating more time to global diplomacy for Apple. He will engage policymakers world...
- Tim Cook took Apple to $4 trillion, now it’s John Ternus’ turnJohn Ternus assumes leadership at Apple, inheriting a robust legacy built by Tim Cook. While Apple's current business is strong, the future...
- Billions in Wealth, Millions in Pay: A look at Tim Cook’s earnings story at Apple; all about his net worth and paycheckApple's CEO Tim Cook is stepping down in September 2026. Veteran executive John Ternus will take over the top role. Cook will become execut...
- TSMC's Q1 revenue jumps 35% YoY, beats market forecastsTSMC will report full first-quarter earnings on April 16, including an updated outlook for the current quarter and the full year. The comp...
- Foxconn first-quarter revenue jumps 30% year-on-year fuelled by strong AI-related demandTaiwan's Foxconn, a major electronics maker and Nvidia's top server supplier, announced a significant revenue increase. First-quarter earni...
- Taiwan's Foxconn books 2% fall in fourth-quarter profit, lags forecastsNet profit for October-December for Nvidia's biggest server maker and Apple's top iPhone assembler was T$45.51 billion ($1.42 billion), ve...
- Foxconn's Q4 revenue surges 22% to record high on AI demandTaiwan's Foxconn, the world's largest contract electronics maker, reported record fourth-quarter revenue on Monday, driven by strong deman...
- Foxconn's Apple era fades as AI servers drive growth in Taiwan tech sectorFoxconn, once heavily reliant on iPhone assembly, has seen AI server manufacturing surpass consumer electronics as its main revenue source....
- Foxconn beats estimates with record Q3 revenue on AI demandTaiwan's Foxconn reported its highest-ever revenue for the third quarter, driven by strong demand for AI servers. The revenue rose 20.2% ye...
- Foxconn Q2 revenue jumps 19% year-on-year, sees growth in Q3Foxconn reported its second-quarter revenue jumped 19% year-on-year, and predicted third-quarter revenue would rise year-on-year. Taiwan's ...
- Apple supplier Foxconn expects revenue growth in Q2 after dip in Q1The first quarter is traditionally quieter than the previous one, the season when Taiwan's tech companies race to supply smartphones, table...
- Apple supplier Foxconn turns upbeat on 2024, cites huge demand for AI serversThe upbeat tone comes after a forecast-beating 33% jump in net profit for the fourth quarter. It also contrasts sharply with remarks by Fox...
- Foxconn's April sales fall 12% on slowing smartphone businessFoxconn said revenue last month reached T$429.2 billion ($14 billion), in line with the company's own expectations.
- 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...
- Apple supplier Foxconn says output recovering despite revenue fallProduction of Apple iPhones faced disruption ahead of Christmas and January's Lunar New Year holidays, after curbs to control Covid-19 prom...
- Apple supplier Foxconn's revenue hammered by coronavirus falloutFoxconn is among manufacturers worldwide grappling with virus-related curbs that have disrupted supply chains and dampened demand. Apple, i...
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