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FOXCONN RESULTS
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...- India turns the tables on China: The great supply chain flip beginsIndia's electronics sector is transforming. For years, the country assembled products using imported parts. Now, Indian companies are expor...
- 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...
- Foxconn's Q4 revenue surges 22% to record high on AI demandTaiwan's Foxconn, the world's largest contract electronics maker, reported record fourth-quarter revenue on Monday, driven by strong deman...
- 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....
- Govt says it is monitoring return of China techies from FoxconnHundreds of Chinese technology professionals who were facilitating and managing production at Foxconn plants in India have returned to Chin...
- Apple has alternatives to handle return of Chinese techies from Foxconn: SourcesThe Indian government is closely monitoring Foxconn's production targets amidst the return of Chinese tech professionals, crucial for iPhon...
- Foxconn in talks with Tamil Nadu for battery energy storage unitThe Tamil Nadu government has offered Foxconn around 200 acres of land for its planned battery energy storage system (BESS) facility, sourc...
- 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...
- Ecosystem for chips in India for the 'very brave': Foxconn Chairman Young LiuThe ecosystem for semiconductor chips in India is for the "very brave", Foxconn Chairman Young Liu said on Friday as he expressed optimism ...
- Foxconn Q2 sales slip 14%, Q3 outlook brighter ahead of year-end peakFoxconn, formally called Hon Hai Precision Industry Co Ltd and the world's largest contract electronics maker, said revenue in the April-Ju...
- US EV startup Lordstown files for bankruptcy, sues FoxconnFoxconn's parent company, Hon Hai Technology Group, said in a statement that it had maintained a "positive attitude" during negotiations wi...
- Foxconn races to become an EV player and the clock is tickingThe Taiwanese contract manufacturer faces competition in the market for creating white-label EVs that can be tailor-made for clients, wheth...
- 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 ...
- Apple supplier Foxconn's Q2 profit up 12% on cloud demandFoxconn, the world's largest contract electronics maker, said net profit for the April-June quarter rose to T$33.29 billion from T$29.78 bi...
- 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...
- 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 ...
- Foxconn suicide probe to be made publicChina will publish the results of an official probe into recent suicides at electronics maker Foxconn's giant manufacturing plant in south ...
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