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FOXCONN SHARES INCREASE
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...- As AI shifts from training to inference, Intel moves up the stackIntel is changing its AI strategy. The company is now focusing on building complete AI systems and infrastructure, not just chips. This mov...
- 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, ...
- Mutual funds buy new-age dip; Infy CEO interviewHappy Thursday! Mutual fund inflows into listed new-age companies rose due to valuation adjustments and FPI selloff. This and more in today...
- One in four smartphones made in India comes from homegrown manufacturers as exports power growthIndian companies are now making over a quarter of smartphones sold in the country. Dixon Technologies leads this surge, becoming India's la...
- 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...
- India turns the tables on China: The great supply chain flip beginsIndia's electronics sector is transforming. For years, the country assembled products using imported parts. Now, Indian companies are expor...
- PLI 2.0 calls ring louder: India eyes 35% global mobile output; $130 billion productionIndia's electronics sector is set to significantly boost global mobile phone production. A new production-linked incentive scheme aims to a...
- 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 ...
- Foxconn Singapore unit acquires 1.2 billion shares of India subsidiary to aid expansionFoxconn's announcement comes soon after chairman Young Liu met PM Narendra Modi and heads of state in the country. This move is meant to st...
- Foxconn sees AI driving strong server demand, but full year to be flatFoxconn Chairman Liu Young said during the company's annual shareholders meeting that the firm remained cautious about this year due to mon...
- India visit helped deepen tieup, seek support in new areas: Foxconn ChairmanInvestment talks with state govts on but no definitive pacts inked yet, says Taiwanese company
- Foxconn unit invests $500 million in India affiliateThe announcement of a $500 million injection into its India unit comes after Reuters reported last month that Apple supplier Foxconn plans ...
- Apple supplier Foxconn plans to quadruple workforce at India plant: sourcesTaiwan-based Foxconn now plans to boost the workforce at its plant in southern India to 70,000 by adding 53,000 more workers over the next ...
- Apple supplier Foxconn plans to quadruple workforce at India plantFoxconn has grabbed headlines in recent weeks, with tight virus restrictions at its Zhengzhou plant, the world's largest iPhone factory, di...
- Apple supplier Foxconn to update on outlook after China Covid-19 curbsFoxconn's main Zhengzhou plant in central China, which employs about 200,000 people, has been rocked by discontent over stringent measures ...
- 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...
- Sharp India rises 13% as parent company consider's Foxconn's takeover bidShares of Sharp India, a fully-owned subsidiary of the Japanese technology major, surged over 8 per cent on Thursday after reports that the...
- Foxconn hikes pay for 2nd time a week; days of cheap labour overFoxconn, a leading IT contract manufacturer of computers, game consoles and mobile phones for Apple, HP, Sony, Nokia etc, announced a 30 pe...
- Foxconn gives China workers dramatic wage hikeTaiwanese IT giant Foxconn said Monday it would hike wages at its factories in the south Chinese city of Shenzhen, in a move observers said...
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