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NEWS TAGGED FOXCONN
Thursday 5 December 2024
Foxconn steps up AI deployment in green energy
Amid surging electricity demands and growing potential in green energy, Foxconn is strengthening its market presence by leveraging AI to enhance operational efficiency and value cr...
Wednesday 4 December 2024
Customers are pre-ordering to avoid possible Trump 2.0 tariffs
Although it remains unclear what policies Donald Trump will implement in his second presidential term, business leaders including Foxconn chairman Young Liu have highlighted ongoing...
Monday 2 December 2024
Elon Musk lands priority for Nvidia GB200 delivery in January with US$1.08 billion
Elon Musk's artificial intelligence company xAI has made headlines with its urgent push for advanced AI hardware. Industry sources indicate that Musk directly approached Nvidia CEO...
Thursday 28 November 2024
Taiwan EMS firms urged to build factories in US
US President-elect Donald Trump advocated for higher tariffs on Canada, Mexico, and China before assuming office. Establishing factories in the US has become essential, as numerous...
Thursday 28 November 2024
Foxconn to assess impact of Trump's Mexico tariff proposal
On November 25, US President-elect Donald Trump announced via social media that he would sign an executive order on his first day in office, imposing a 25% tariff on imports from...
Thursday 28 November 2024
Foxconn reportedly secures land in Tamil Nadu for new battery plant
Foxconn has reportedly secured 200 acres of land in Tamil Nadu for a battery manufacturing plant, aligning with the company's strategic focus on AI and EV as growth engines.
Wednesday 27 November 2024
Clients first to be impacted by potential US tariff hike, says Foxconn chairman
Following President-Elect Donald Trump's recent announcement of potential new tariff policies, Foxconn chairman Young Liu emphasized that Taiwan's supply chain impacts can only be...
Wednesday 27 November 2024
Apple reportedly scouting Indian manufacturer partners to reduce reliance on China
Apple is actively pursuing partnerships with Indian manufacturers to establish a local supply chain beyond iPhone production, potentially including components for wearables and other...
Tuesday 26 November 2024
Thailand's PTT to reduce stake in joint venture with Foxconn
Thailand's state-controlled energy conglomerate PTT has announced that due to fierce competition in the EV market resulting in a price war, the group will lower its stake in the joint...
Monday 25 November 2024
Apple's Cook joins CEO summit with Chinese Premier on trade
Apple CEO Tim Cook joined more than 20 corporate leaders in discussions with China's premier Monday, as global companies grapple with potential trade disruptions and economic uncer...
Monday 25 November 2024
India roundup: Foxconn revises recruitment ads in India after discrimination allegations
Foxconn addresses discriminatory ads and requests neutral recruitment practices. CCI fines Meta US$25.3 million for abusing market dominance in India.
Friday 22 November 2024
Server ODMs face margin pressure despite new AI shipments
While Nvidia's latest financial report garnered attention for its strong earnings, the focal point was its declining gross margin. This trend extends to ODM firms, with both Foxconn...
Wednesday 20 November 2024
Foxconn invests NT$15.9 billion to establish flagship headquarters in southern Taiwan
On November 19, Foxconn announced that it had successfully obtained the qualification as the best applicant for the Kaohsiung Metro Y15 Station land development project. The company...
Wednesday 20 November 2024
AI servers, AI PCs, and automotive electronics to drive 2025 sales growth for Taiwan ODMs
Taiwanese IT product manufacturers expect AI server demand to drive their growth in the fourth quarter of 2024, as consumer electronics enters the traditional low season. Looking...
Tuesday 19 November 2024
Foxconn revises recruitment ads in India after discrimination allegations
Following reports about Foxconn's alleged recruitment practices in India, which excluded married women, the company reportedly has requested third-party human resources firms to stop...