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Sunil Bharti Mittal announces succession plan: Meet the GenNextAirtel founder Sunil Bharti Mittal is preparing for a leadership change over the next ten years. His three children, Kavin, Shravin, and Ei...- Thalapathy government? Why Vijay's historic rise in India's industrial powerhouse state matters for stock marketVijay’s TVK is set to reshape Tamil Nadu’s political landscape, prompting investors to assess what a “Thalapathy government” could mean for...
- Foxconn bid for stake in unit of Germany's ZF Group stalls, documents showFoxconn's plan to buy a stake in ZF Group's electric vehicle unit has stalled. A significant gap in valuation expectations and higher-than-...
- Foxconn unit acquires machinery equipment for $121.3 millionThe investment underscores Foxconn’s ongoing efforts to expand its manufacturing capabilities and upgrade its production lines. While detai...
- Foxconn looking at cooperation with Nissan, not acquisitionFoxconn Chairman Young Liu confirmed their intention to cooperate with Japan's Nissan rather than acquire it. Despite Nissan's recent withd...
- Taiwan iPhone maker Foxconn sets its sights on ever more crowded EV marketFoxconn and other tech companies are venturing into the electric vehicle market, challenging traditional automakers like Nissan and Honda. ...
- Japanese tech major Sharp looks for Indian partners to open display fabSharp, a Japanese company backed by Foxconn, has held discussions with major Indian players and top vertical heads for potential partners. ...
- Japanese tech major Sharp looks for Indian partners to open display fabFoxconn-backed Sharp is seeking an Indian partner to establish a display fabrication facility under the India Semiconductor Mission. The Ja...
- Foxconn chairman Young Liu arrives in Bengaluru, to inspect 300-acre iPhone assembly plant tomorrowIndustries Minister MB Patil and Electronics, IT/BT Minister Priyank Kharge received Liu at the airport earlier in the day. Liu will, accom...
- Budget 2024: Jobs sops unlikely to help electronics manufacturers, smartphone assemblers unless they hire on their ownFor job creation in the manufacturing sector, the budget proposes incentives to both employees and employers in the first four years. But t...
- Tata Group in talks to acquire majority stake in Pegatron's Chennai iPhone factoryPegatron in talks to sell Chennai iPhone unit to Tata. A person in the know said the transaction amount is set to be lower than that for th...
- Lordstown Motors files bankruptcy, sues FoxconnFoxconn previously invested about $52.7 million in Lordstown as part of the agreement, and currently holds a roughly 8.4% ownership stake i...
- Apple iPhone assembler Foxconn buys 300-acre site in BengaluruTaiwanese electronics giant Foxconn, the world's top contract electronics manufacturer and a principal assembler of Apple iPhone has bought...
- Foxconn may start construction of Bengaluru plant in MayThe plant, to be set up on a 300-acre plot, will be Foxconn’s largest mobile manufacturing unit in the country. It is expected to create 50...
- Foxconn pledges to work with Karnataka & Telangana to take its investment proposals forwardFoxconn's increased India push is triggered by strong domestic demand for iPhones as well as a surge in exports from India led by the diver...
- Foxconn pledges to work with Karnataka to take "Project Elephant" in Bengaluru forwardIn a two-page letter to Chief Minister Basavaraj Bommai, Foxconn chairman Young Liu said he will "ensure successful grounding of the "Proje...
- Foxconn comes to terms with 80 per cent Snapdeal lossFIH Mobile, the Hong Kong-listed unit of Foxconn, recognised an impairment loss of $160 million related to its investment in Jasper Infotec...
- Chinese owners of Toshiba, Sharp chart out mega India initiatives"Both the brands are inactive with no supplies of inventory in the Indian market for the past few months. But both will enter the market be...
- Alibaba gets CCI nod for acquiring 4.14% stake in SnapdealChinese e-commerce giant Alibaba has received anti-trust regulator CCI's approval for buying 4.14 per cent stake in Snapdeal.
- Taiwanese co Foxconn to go solo; invest $2b in electronics SEZThe Taiwanese company’s proposal, which is backed by the state government’s recommendation certificate, will be taken up for clearance by t...
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