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FOXCONN JULY SALES
Foxconn's Apple era fades as AI servers drive growth in Taiwan tech sectorFoxconn, once heavily reliant on iPhone assembly, has seen AI server manufacturing surpass consumer electronics as its main revenue source....- Foxconn's Bengaluru unit commences operation with iPhone 17 productionFoxconn's Bengaluru plant, its second largest, starts iPhone 17 production. This supplements Chennai's existing output. Apple aims to signi...
- 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...
- Apple's iPhone production slows but steadies in May at ₹15,000 croreApple's India iPhone production remains strong. Vendors produced over ₹15,000 crore worth of iPhones in May. This is slightly less than pre...
- Foxconn sees net profit rise 14% in Q3 on the back of strong demand for AI serversThe company said that the cumulative revenue of AI servers in the first three quarters of this year grew more than 200% compared to the sam...
- 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...
- Make-in-India Pro Max: iPhone 16 is a milestone for Indian manufacturingIndia's manufacturing sector is gaining momentum, led by the electronics industry. Apple is a key player, with plans to shift 25% of iPhone...
- How Apple is doubling down on its India manufacturing planApple expanded its manufacturing in India, including opening flagship stores and potentially assembling iPads. The company's sales in India...
- Foxconn's July sales drop 1.23% on-year, Q3 outlook betterFoxconn, formally called Hon Hai Precision Industry Co Ltd, said revenue last month reached T$469.23 billion ($14.82 billion), up nearly 11...
- Foxconn fine for unauthorised China investment likely to be imposed soon: sourceTaiwan, which Beijing views as sovereign Chinese territory, has turned a wary eye on China's ambition to boost its semiconductor industry a...
- Apple supplier Foxconn sees Q4 revenue slumping on chip supply shortageThe outlook came after a strong third quarter, in which revenue rose 9% on the year, helped by strong smartphone demand as people continue ...
- iPhone 12 production on track at Foxconn unit, Mini may be late post Wistron incidentTwo industry executives said the ‘Made in India’ iPhone 12 from Foxconn is expected to hit the stores within two months, in accordance with...
- 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...
- Xiaomi plans Diwali show with made-in-India TVsXiaomi India increased the price of its 55-inch smart TV by Rs 5,000 to Rs 44,999 last month due to import tax changes and depreciation of ...
- Xiaomi bets big on offline sales model for India growth storySo far, Xiaomi has its flagship offline store in Bengaluru, with plans to step into Chennai, Mumbai, Delhi, and Hyderabad.
- Xiaomi says sold 0.5 million smartphones in 3 daysIn the first three days of sale on Amazon, two of top three selling phones were Xiaomi devices and the No 1 selling phone was Redmi Note 3.
- Xiaomi sells over 1 million handsets in July-September quarterIn September, Xiaomi had said it has sold three million smartphones in India since its launch in the country in July last year.
- After Snapdeal, Foxconn to invest Rs 460 crore in GreendustDelhi-based Reverse Logistics, which owns and operates Greendust, is estimated to be worth about $240 million to $250 million ahead of this...
- Xiaomi unveils first India-made phone 'Redmi 2 Prime', ties up with FoxconnChina’s Xiaomi launched its first India-made phone, the Redmi 2 Prime, and announced a tie-up with Taiwan’s Foxconn to make smartphones in ...
- Xiaomi launches Redmi 2 Prime, first to be assembled in India; announces Foxconn tie-upIt will eventually be available in offline stores as well. It is also the first device that will be sold through open sale, and not flash s...
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