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NEWS TAGGED HON HAI PRECISION INDUSTRY
Thursday 16 February 2023
Foxconn steps up expansion outside China
Hon Hai Precision Technology (Foxconn) continues to expand its production capacity outside China amid changes in the geopolitical climate and customer demands.
Thursday 2 February 2023
Foxconn hires Nissan veteran to lead EV business
Taiwanese tech giant Foxconn, determined to transform its entire group, has been actively expanding to electric vehicle industry in recent years. Having made new changes to its business...
Friday 6 January 2023
Foxconn enjoys 14% revenue growth in December
Hon Hai Precision Industry (Foxconn) saw its December revenue increase 14.2% sequentially, with revenue for the fourth quarter of 2022 rising 12.1% on quarter and 3.5% on year.
Wednesday 4 January 2023
Foxconn subsidiary FIT to acquire German EV solution firm SWH
FIT (Foxconn Interconnect Technology), a subsidiary of the world's largest electronics manufacturing service provider Foxconn Group (Hon Hai Precision Technology), has entered into...
Tuesday 20 December 2022
Foxconn enjoys capacity resumption after China eases COVID-19 restrictions
Hon Hai Precision Industry (Foxconn) has seen its capacity in China recovering quickly since the Chinese government significantly eased its COVID-19 restrictions. The company's smartphone...
Tuesday 6 December 2022
Foxconn sees November revenue fall 29%
Foxconn Electronics (Hon Hai Precision Industry) has disclosed that November revenue fell 29.04% sequentially to NT$551.09 billion (US$18.186 billion), which came within expectatio...
Friday 2 December 2022
Foxconn shipping 1st batch of EV pickup trucks at Ohio plant
Hon Hai Precision Industry (Foxconn) kicked off shipments of its first batch of electric vehicle (EV) pickup trucks for Lordstown Motors at its assembly plant in the US state of Oh...
Tuesday 29 November 2022
Quanta mulls MacBook production in Vietnam, sources say
Quanta Computer is mulling to relocate its production lines for Apple's MacBook to Vietnam, according to industry sources. Quanta said it does not comment on individual customers.
Wednesday 23 November 2022
Apple supply chain keeps up with relocation shifts
Supply chain integrity is a main consideration when deciding where to move production bases. The more complete the supply chain, the better the profits for ODMs and electronics manufacturing...
Tuesday 22 November 2022
Foxconn names Chiang Shang-yi as semiconductor strategy officer
Hon Hai Technology Group (Foxconn) has named semiconductor veteran Chiang Shang-yi as its semiconductor strategy officer.
Friday 11 November 2022
Foxconn to grow EV client portfolio in 2023
Hon Hai Precision Industry (Foxconn) regards 2023 as a crucial year for its electric vehicle (EV) business expansion, as the company's growing EV client portfolio expands further,...
Tuesday 8 November 2022
Foxconn posts 6% revenue drop in October
Foxconn Electronics (Hon Hai Precision Industry) has reported that October revenue slipped 5.6% sequentially to NT$776.58 billion (US$24.28 billion). The figures, however, still represented...
Tuesday 1 November 2022
Foxconn still evaluating losses from COVID-hit plant in China
Hon Hai Technology Group (Foxconn) is still evaluating losses arising from its COVID-hit plant in Zhengzhou, China, and is considering measures such as support from other plants to...
Wednesday 19 October 2022
Shang-Yi Chiang says he will never return to work in China
TSMC's former R&D heavyweight Shang-Yi Chiang unexpectedly appeared at the recent annual Hon Hai Tech Day (HHTD) and participated in three forums, sparking speculation about whether...
Wednesday 19 October 2022
Foxconn eyeing 5% global EV market share by 2025, says chairman
It is highly possible for Hon Hai Technology Group (Foxconn) to attain a 5% global market share for electric vehicles (EV) with sales revenues topping NT$1.0 trillion (US$31.28 billion)...