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NEWS TAGGED FOXCONN
Thursday 3 October 2024
Foxconn unveils new EV models, eyes opportunities amid industry turbulence
Foxconn is set to host its fifth annual Hon Hai Tech Day on October 8-9, where it will showcase its latest electric vehicle (EV) developments. At a pre-event press conference on October...
Wednesday 2 October 2024
Foxconn to kick off shipments for new-gen AI servers in 4Q24
Hon Hai Technology Group (Foxconn) reaffirmed on October 1 that its next-generation AI servers will begin shipping in the fourth quarter of 2024, with production models on display...
Wednesday 2 October 2024
Foxconn confirms investments in India, likely its OSAT venture with HCL
Foxconn reportedly plans to invest approximately US$50 million in its Outsourced Semiconductor Assembly and Test (OSAT) joint venture with HCL, as India continues to offer attractive...
Tuesday 1 October 2024
Foxconn to continue growth in 4Q24, buoyed by iPhones, AI servers
Hon Hai Technology Group (Foxconn) expects positive growth in the fourth quarter of 2024, with momentum coming primarily from Apple's iPhone 16 and strong demand for AI servers.
Monday 30 September 2024
Luxury car market growth is symbolic of Taiwan's economic boom
At Maserati's launch event for the GranCabrio Trofeo in Taichung, John Huang, chairman of Modena Motori Taiwan, stated that Taiwan's economic boom in recent years can be seen from...
Monday 30 September 2024
Foxconn refused to comment on rumored US$1 billion smartphone display module assembly line in India
Foxconn is reportedly evaluating an investment of US$1 billion to establish a smartphone display module assembly plant in Tamil Nadu, India, possibly the first in Southern India,...
Thursday 26 September 2024
Foxconn, BYD, and Xiaomi stepping up cobot deployments
Leading OEM and automobile firms, including Foxconn, BYD, and Xiaomi, are showcasing their collaborative robots (cobots) at the 2024 China International Industry Fair (CIIF), held...
Wednesday 25 September 2024
Foxconn-backed automotive IC design house to set up R&D center in India
Foxconn-backed SiliconAuto established a new R&D center in Bengaluru that will specialize in designing semiconductor products and developing SoC solutions for the automotive industry...
Thursday 19 September 2024
Luxshare expands in Apple supply chain and auto sector, challenging Foxconn's dominance
China-based Luxshare Precision Industry is deepening its involvement in the Apple supply chain, emerging as a growing threat to Taiwan-based Hon Hai Precision Industry (Foxconn),...
Wednesday 18 September 2024
Apple supplier Luxshare acquires German auto supplier Leoni in diversification bid
With iPhone sales in the Greater China region slumping in the first half of 2024 under fierce competition from Chinese smartphone brands, companies in Apple's supply chain have been...
Tuesday 10 September 2024
Hundreds of Samsung workers in India strike for higher wages, disrupting production
According to Reuters, hundreds of workers at a Samsung Electronics plant in southern India have initiated an indefinite strike to demand higher wages after failing to negotiate...
Monday 9 September 2024
Kaohsiung expands software cluster; Nvidia and Foxconn expect to be major attractions
Following increased investments from companies like Nvidia, Foxconn, and IBM in Kaohsiung, software giant SAP has also expanded the scale of its Kaohsiung site, establishing an ESG...
Friday 6 September 2024
Foxconn evaluates European semiconductor packaging plant, continues advanced technology development
Foxconn Chairman Liu Young-way revealed on September 4, 2024, that in addition to their existing investments in IC design and applications, the company is currently evaluating the...
Friday 6 September 2024
Foxconn expects revenue growth in 3Q24
Hon Hai Technology Group (Foxconn) has disclosed that its revenue decreased sequentially by 4.2% in August. However, the company remains optimistic that its revenue will increase...
Tuesday 3 September 2024
Foxconn expands software footprint with new Kaohsiung R&D center, CityGPT
As industry leaders like Acer founder Stan Shih emphasize the growing importance of software development in the AI era, Foxconn Technology (Hon Hai) has once again showcased its agility...