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FOXCONN GUIDANCE
Taiwan's Foxconn raises guidance for second-quarter outlookFoxconn, which is Nvidia's biggest server maker and Apple's top iPhone assembler, does not provide numeric guidance for its outlook.- 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...
- Infanticide case at Foxconn exposes workplace welfare gaps, spurs calls for reformsA tragic infanticide at Foxconn's Devanahalli unit highlights critical gaps in mental health awareness, workplace support, and reproductive...
- 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...
- 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 to invest Rs 15,000 crore in Tamil Nadu, create 14,000 jobs: Industries minister TRB RajaaFoxconn has pledged to invest Rs 15,000 crore in Tamil Nadu, creating 14,000 skilled jobs, according to the state’s industries minister. He...
- AI demand expected to boost electronics giant Foxconn's second-quarter profitNet profit for April-June for Apple's top iPhone assembler and Nvidia's server maker likely came in at T$38.8 billion ($1.30 billion), up f...
- 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...
- World's top electronics maker Foxconn Q4 profit drops 13%Net profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker came in at T$46.33 billion ($1.41 billion), m...
- Foxconn to post higher Q4 profit on AI server demandNet profit for October-December for Apple's top iPhone assembler and Nvidia's AI server maker likely came in at T$54.4 billion ($1.65 billi...
- Major Apple supplier Foxconn expected to report strong Q3 results on AI boomFoxconn's shares have surged more than 100% so far in 2024, far outperforming the broader market's 28% gain. Foxconn said last month it was...
- 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...
- Apple supplier Foxconn's Q2 profit slips 1%, beats forecastsThe Taiwanese company, the world's largest contract electronics maker, said net profit for the April-June quarter slipped to T$33 billion f...
- Foxconn tops up commitment for Telangana to $550 millionFoxconn's FIT Hon Teng's board has approved a $400m investment in Telangana, adding to its earlier commitment of $150m in the state. The mo...
- Foxconn eyes $500 million mobile accessories unit in BengaluruThese discussions are a part of the company's ambitious expansion in India in areas which span from semiconductors to electric vehicles.
- Apple supplier Foxconn 'cautiously optimistic' about Q4 outlookFormally known as Hon Hai Precision Industry Co Ltd, the company said revenue for September and the third quarter grew 40.39% and 24.4% on ...
- 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 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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