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NEWS TAGGED FOXCONN
Tuesday 18 July 2023
FII denied any decision to invest in Karnataka
As Foxconn is expanding in Indian investments, the southern state of Karnataka is willing to offer a 100-acre plot of land to Foxconn's subsidiary. FII said it did had not signed...
Tuesday 18 July 2023
BB ratio for MLCCs rises
The book-to-bill ratio for multi-layer ceramic capacitors (MLCC) has risen to 0.91 on average from 0.84 in April, as orders from ODM customers have resumed, according to sources at...
Monday 17 July 2023
India roundup: Foxconn and Vedanta go separate ways for chip investments in India
After Vedanta acquired a 100% stake in its semiconductor and display manufacturing business, Foxconn said it parted away with Vedanta for their joint venture, Vedanta-Foxconn Semiconductors...
Friday 14 July 2023
Foxconn's change of heart on chips is a warning to India: Mihir Sharma
India has grand plans to become an electronics manufacturing hub. Given that level of ambition, we need to be prepared for setbacks — such as the news this week that Taiwan-based...
Thursday 13 July 2023
Foxconn reportedly talking with Gujarat for chipmaking facilities
Despite the Foxconn-Vedanta deal falling apart, chip investments from global and local companies continue to flow into India's western state of Gujarat, potentially making it the...
Thursday 13 July 2023
Foxconn Zhengzhou site gearing up for production for major customer
Hon Hai Precision Industry's (Foxconn) Zhengzhou site in Henan, China, has already begun preparations in response to new products from a major customer, anticipating a major labor...
Wednesday 12 July 2023
Innolux says India JV project still in progress
Innolux has said that its plan to join hands with the Vedanta Group to establish the first TFT LCD production line in India with mass production capability remains unchanged.
Wednesday 12 July 2023
Foxconn's decision to withdrawn from chip JV with Vedanta could have been avoided
Despite being the front-runner for India's semiconductor manufacturing incentive scheme, Foxconn decided to withdraw from the joint venture with Vedanta and is looking for new Indian...
Wednesday 12 July 2023
Foxconn says in talks with potential partners in India
Hon Hai Technology Group (Foxconn) has disclosed that the company is in talks with potential new partners in India, following its decision to cut ties with the Vedanta Group.
Tuesday 11 July 2023
Foxconn organizes working groups to help MIH grow, says DIGITIMES Research
MIH is an industry alliance led by Foxconn aimed at creating an open EV platform that provides solutions encompassing everything from prototypes to customized designs. There are 14...
Tuesday 11 July 2023
Foxconn withdraws from chip JV with Vedanta
Days after Vedanta Limited acquired a 100% stake in Vedanta Group's semiconductor and display business, Foxconn said it quit its joint venture with Vedanta.
Tuesday 11 July 2023
Foxconn remains committed to expanding chip business in India
Foxconn Technology (Hon Hai Precision Technology) has announced that the joint ventures it set up with the Vedanta Group in India would become wholly owned by Vedanta, with Foxconn...
Monday 10 July 2023
Vedanta Limited takes full ownership of semiconductor JV with Foxconn
Vedanta Group announced an organizational rejig that put its semiconductor and display manufacturing business under Vedanta Limited.
Friday 7 July 2023
Foxconn chairman visits Japan to meet Sharp executives
Foxconn chairman Young Liu recently paid a visit to Sharp's headquarters in Japan, which may indicate that the Taiwanese company has no plans to spin off the money-losing subsidiary,...
Thursday 6 July 2023
Foxconn expects pre-pandemic sales growth in 3Q23
Foxconn Technology (Hon Hai Precision Industry) expects its sales growth pattern to return to pre-pandemic levels in the third quarter of 2023.