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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.
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...
Foxconn profit surges on AI demand, but more conservative on 2025 outlookFoxconn reported a 91% surge in Q1 profit, driven by strong AI server demand, beating forecasts. Despite robust AI growth, it issued a more...
Foxconn expected to post strong Q1 profit growth on AI server demandFoxconn, formally called Hon Hai Precision Industry, said last month that its first-quarter revenue jumped 24.2% to a record for that quart...
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...
Taiwan's Foxconn sticks to strong end-of-year sales outlookThe fourth quarter is traditionally the hot season for Taiwan's tech companies as they race to supply smartphones, tablets and other electr...
Foxconn expects strong holiday sales in fourth quarter, September sales slumpThe fourth quarter is traditionally the hot season for Taiwan's tech companies as they race to supply smartphones, tablets and other electr...
Apple supplier Foxconn cautious despite beating earnings forecastsThe world's largest contract electronics maker downgraded its outlook for full-year revenue to a slight decline from a previous guidance of...
Foxconn Q2 sales slip 14%, Q3 outlook brighter ahead of year-end peakFoxconn, formally called Hon Hai Precision Industry Co Ltd and the world's largest contract electronics maker, said revenue in the April-Ju...
Foxconn's May sales drop 9.5% YoY on smartphone weaknessFoxconn, formally called Hon Hai Precision Industry Co Ltd, said revenue last month reached T$450.7 billion ($14.7 billion), in line with i...
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.
Foxconn reports fall in Feb sales, sticks to Q1 outlookRevenue last month still managed to reach the second highest on record for February at T$402.0 billion ($13.18 billion), with operations re...
Taiwan's Foxconn raises full-year outlook on strong tech demandLike other global manufacturers, the Taiwanese firm has grappled with a severe shortage of chips, which has hurt smartphone production incl...
Foxconn raises full-year outlook on strong tech demandFoxconn has grappled with a severe shortage of chips like other global manufacturers, which has hurt smartphone production including for it...
Apple supplier Foxconn's Q4 profit slips, lags viewThe company had previously forecast Q4 revenue to be in a range of a decline of 3% and gain of 3% from a year earlier. Foxconn had also sai...
Foxconn posts better-than-expected second-quarter profitFoxconn, whose clients include tech giants such as Apple, reported a net profit of T$22.9 billion ($778.54 million) for the second quarter ...
Foxconn plans plant expansion to manufacture iphones from Tamil NaduFoxconn will assemble the costliest models like iPhone X, taking Apple's business in India to a new level.