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FOXCONN STOCK RISE
Foxconn third-quarter revenue jumps 11% year on yearStrong AI demand led to robust revenue growth for its cloud and networking products division. Smart consumer electronics, which includes iP...
Foxconn second quarter revenue rises 15.82% on yearFoxconn, also a major supplier to artificial intelligence chip firm Nvidia, said it expected third-quarter business to grow on quarter and ...
Taiwan tech supply chain stocks bounce back after Trump tariff exemptionsHowever, shares in TSMC, the world's largest contract chipmaker, slipped into the red having opened up, after US President Donald Trump sai...
Chip firms surge on signs of strong AI-led demandShares of chipmakers rose after Microsoft announced plans to invest $80 billion in AI-enabled data centres for fiscal 2025. Micron gained 1...
Foxconn's subsidiary Bharat FIH to pump Rs 400 crore in Indian arm Rising StarsThe capital infusion in Rising Stars Hi Tech is seen as a "long-term investment for working capital and general corporate purposes."
Vedanta shares drop 3% after Foxconn withdraws from semiconductor JVVedanta and Foxconn terminated their joint venture to make semiconductors in India by "mutual agreement" to "explore more diverse developme...
Foxconn building employee hostels near Tamil Nadu plantFoxconn Hon Hai, an India-based corporate entity owned by the Taiwanese electronics major, makes Apple phones - including the iPhone 14 - a...
Foxconn building mega hostels for 60,000 workers in IndiaFoxconn's plans are triggered by a strong domestic demand for iPhones as well as a surge in exports from India led by the overall diversifi...
Foxconn recharges India unit with $500 millionTaiwan's Foxconn has invested $500 million (about ₹4,100 crore) in its India unit, which makes iPhones, by subscribing around 4.08 million ...
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 iPhone supplier Foxconn is said to plan deep cost cutsFoxconn, formally known as Hon Hai Precision Industry Co Ltd, counts Apple Inc as one of its top customers for assembling iPhones.
Committed to investing $5 billion in Maharashtra: FoxconnFoxconn had signed an MoU with Maharashtra in August 2015 to set up a mobile phone and parts manufacturing factory over 1,500 acres near Mu...
- Hurdle for Make-in-India? Handset companies hold up Rs 1k-crore investments
The government’s move to levy 12% GST on mobile phones will push up prices of locally made phones by 4-5%, bringing them at par with import...
- Foxconn says has space to offset recent pay raises; shares tumble
Company executives made the comments at a media briefing in Hong Kong following its annual shareholder meeting, which featured a group of p...
- Foxconn hikes pay for 2nd time a week; days of cheap labour over
Foxconn, 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 hike
Taiwanese IT giant Foxconn said Monday it would hike wages at its factories in the south Chinese city of Shenzhen, in a move observers said...