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FOXCONN HON HAI
Foxconn has immense confidence in growth momentum due to AI, chairman saysTaiwan's Foxconn sees strong growth driven by AI demand. Chairman Young Liu is optimistic about the second half of the year. Cloud provider...- Foxconn has 'immense confidence' in growth momentum due to AI, chairman saysFoxconn, the world's largest contract electronics maker, expressed immense confidence in its growth due to soaring AI demand. The company r...
- Who is Nitrogen group, what does Foxconn do and what data was hacked? Ransomware hackers claim breach at FoxconnWho is Nitrogen group, what does Foxconn do and what data was hacked? Foxconn confirmed a cyberattack that affected some North American fac...
- Foxconn logs quarterly net profit jump on AI demandTaiwanese tech giant Foxconn saw a 19% profit increase. Artificial intelligence server demand is fueling this growth. The company expects s...
- Foxconn confirms cyberattack on North American facilities; Operations now resuming graduallyFoxconn, a major manufacturer, has confirmed a cyberattack on its North American plants. The Nitrogen ransomware group claims to have stole...
- Foxconn first-quarter revenue jumps 30% year-on-year fuelled by strong AI-related demandTaiwan's Foxconn, a major electronics maker and Nvidia's top server supplier, announced a significant revenue increase. First-quarter earni...
- 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 infuses Rs 1,200 crore in Karnataka unitThe iPhone contract manufacturer's Singapore-based arm Foxconn Singapore Pte has bought over 120.35 crore stocks of Foxconn Hon Hai Technol...
- 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'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."
- Foxconn chief eyes India to outrun China in a game the dragon dominatedHon Hai Technology Group (Foxconn) chairman and CEO, Young Liu, believes that India has the potential to become the 'new manufacturing cent...
- Foxconn will be increasing production yield in India: Chairman Young LiuMore and more suppliers are investing in establishing plants in India and believe that this will become more prominent as time goes on, he ...
- Foxconn talks of solo chip run in IndiaYoung Liu on Monday wrote to the chief ministers of Karnataka and Telangana, stressing Foxconn’s commitment to set up electronic manufactur...
- 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 ...
- Foxconn expands its Tamil Nadu factory as Apple’s business gainsThis comes amid strong India sales for Apple and high localisation for its high-end smartphones range not only in the country but also in o...
- Apple iPhone makers Foxconn, Wistron on track to achieve PLI targets, Pegatron to take timeUnder the handset PLI scheme, foreign companies needed to invest ₹250 crore each and raise incremental production to ₹4,000 crore in the fi...
- Trade war fallout: China’s days as factory to the world are over, iPhone maker saysFoxconn has been shaking up its traditionally China-focused operations. Hon Hai is among Apple assembly partners that plan to expand operat...
- Apple's upcoming iPhone helps Foxconn's gravity-defying actApple, which accounts for half the company's revenue, played a pivotal role in the stock's recent buoyancy.
- Foxconn shuts India plant after 250 workers hospitalisedTaiwan's troubled IT giant Foxconn has suspended operations at a factory in India after 250 workers were hospitalised in an incident though...
- Foxconn says has space to offset recent pay raises; shares tumbleCompany executives made the comments at a media briefing in Hong Kong following its annual shareholder meeting, which featured a group of p...
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