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NEWS TAGGED FOXCONN
Wednesday 28 August 2024
Apple maintains MacBook shipments at 15M units amid Foxconn, Quanta, and Wingtech order cuts
The global notebook (NB) market is experiencing a period of stagnation in 2024, with shipments expected to remain largely flat or show only single-digit percentage changes. This comes...
Monday 26 August 2024
Foxconn denies low yields of made-in-India iPhones
Foxconn's Tucheng headquarters hosted a traditional Ghost Festival ceremony on August 23. Following the event, chairman Young Liu addressed recent speculation, assuring investors...
Monday 26 August 2024
Foxconn remains committed to China despite economic ups and downs
Foxconn reaffirmed its commitment to Henan, its primary manufacturing hub in China, during a traditional Ghost Festival ceremony at its Tucheng headquarters on August 23. The company...
Thursday 22 August 2024
Foxconn navigates complex AI server trading models to maximize profitability
Despite rumors of shipment delays for Nvidia's new-generation AI chips, the demand for AI servers remains strong. For contract manufacturers like Foxconn, the challenge lies in maximizing...
Thursday 22 August 2024
Foxconn announces fresh investment across continents
According to Bloomberg, Foxconn has announced a total investment of US$830 million in its overseas operations across Europe, Mexico, the US, and India through four corporate...
Wednesday 21 August 2024
Foxconn reportedly to begin iPhone Pro manufacturing in India soon
Just days after Foxconn chairman Young Liu visited Tamil Nadu, reports indicate that the company's iPhone plant in the southern Indian state will soon commence production of the latest...
Wednesday 21 August 2024
Foxconn balances global expansion and client demands amid geopolitical shifts
Global manufacturing has been significantly influenced by geopolitical tensions in recent years, prompting the sector to revisit regionalization and local production plans. This shift...
Monday 19 August 2024
Regionalized production benefits Foxconn
The US-China trade war, combined with the COVID-19 pandemic and subsequent global supply chain relocations, has benefited Foxconn due to its diversified global footprint.
Monday 19 August 2024
Supply chain players navigate cautious optimism amid AI server boom
Despite progress in inventory clearance and the boost from artificial intelligence (AI) applications, supply chain players remain cautious about the peak season benefits for consumer...
Monday 19 August 2024
Foxconn chairman inaugurates first women-only housing complex, pursues EVs and energy in India
Following a meeting with Indian Prime Minister Narendra Modi, Foxconn's chairman, Young Liu, inaugurated a women-only residential complex for nearly 20,000 employees and announced...
Friday 16 August 2024
Contract electronics manufacturers adjust to become service-oriented
Taiwan-based contract electronics manufacturers are providing flexible production and shifting toward a more service-oriented business model.
Friday 16 August 2024
Taiwan ODMs cautiously optimistic about 2H24
Taiwan-based ODMs are cautiously optimistic about consumer electronics product demand in the second half of this year, according to industry sources. While it is unlikely that notebook,...
Thursday 15 August 2024
Foxconn discusses progress of 3+3 strategy, anticipates returns on semiconductor investments by late 2024
Foxconn held an earnings call on August 14, where it discussed the progress of its 3+3 development strategy.
Thursday 15 August 2024
Foxconn chairman visits India again
As Foxconn revealed its second-quarter results in Taiwan on August 14, its chairman, Young Liu, visited India to meet with Indian Prime Minister Narendra Modi for the second time...
Thursday 15 August 2024
Foxconn confirms timely delivery of Nvidia's GB200 AI servers
Amid recent rumors stating Nvidia's GB200 is facing shipment delays, Foxconn, as a primary supplier, clarified that the development of GB200 is on track and that the company will...