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Thursday 18 April 2024
New business models keeping Foxconn on track for 2025 EV targets, says chairman Young Liu
Foxconn chairman Young Liu notes that current headwinds in the global electric vehicle (EV) market have been long expected, although turmoil has come earlier than predicted; however,...
Thursday 18 April 2024
Foxconn confirms rotating CEO system in place since April
Following rumors indicating that Foxconn is considering adopting a rotational CEO system, Young Liu, chairman of Foxconn, when attending the Autotromics Taipei on April 17, disclosed...
Thursday 18 April 2024
First batch of system manufacturers for Nvidia's next-gen AI GPU emerges
Following the recent launch of Nvidia's GB200 superchip comes news of major changes to its first tier of AI server system manufacturers, as Foxconn and Wiwynn, which did not manufacture...
Tuesday 16 April 2024
Tesla reportedly in talks with Tata for chip supply, prioritizes local partners over international giants
Ahead of a meeting between Tesla CEO Elon Musk and Indian Prime Minister Narendra Modi, it is reported that Tesla is talking with Tata Electronics for chip supply and is looking to...
Friday 12 April 2024
Hon Hai developing management talent, possibly establish rotating CEO system
To enhance corporate governance, Taiwan's Hon Hai Technology, also known as Foxconn, may establish a rotating CEO system to nurture more talented individuals from within the company,...
Friday 12 April 2024
Foxtron breaks ground for new electric bus plant in southern Taiwan
Foxtron Vehicle Technologies, a Hon Hai (Foxconn) subsidiary, held its groundbreaking ceremony for its new electric bus factory at the Ciaotou Science and Technology Park on April...
Thursday 11 April 2024
Foxconn considering rotating CEO system
According to sources, Foxconn is reportedly considering introducing a rotating CEO system, a concept that has been under consideration for some time.
Tuesday 9 April 2024
Taiwan-based AI hardware suppliers ditch China for Mexico amid supply chain shifts
Amid the ongoing AI surge and supply chain's decoupling from China, Mexico has emerged as a promising alternative destination for electronic manufacturers.
Tuesday 9 April 2024
Foxconn's new Mexico plant is all about AI
Foxconn (Hon Hai Technology Group) is building a new production base in central Mexico for AI-related products to meet its customers' demands.
Monday 8 April 2024
Foxconn on track for revenue growth in 2Q24
Foxconn (Hon Hai Technology Group) is on track to generate sequential and on-year revenue growth in the second quarter of 2024, according to the Taiwan-based contract electronics...
Monday 1 April 2024
Cloud network devices to boost Foxconn 2Q24 revenue
Orders for cloud network devices will drive revenue at Foxconn (Hon Hai Technology Group) in the second quarter of 2024, despite the second quarter often being a slow season for the...
Monday 1 April 2024
Jun Seki replaces Jack Cheng to become Foxconn-backed MIH CEO
MIH Consortium, an open EV platform initiated by Foxconn, announced on March 30 that Jun Seki, Foxconn's chief strategy officer for EVs, will become its new CEO starting April 1....
Tuesday 26 March 2024
Foxconn subsidiary and MediaTek team up for co-packaged optics devices
Foxconn Interconnect Technology (FIT), a subsidiary of Hon Hai Technology Group (Foxconn), has partnered with MediaTek to co-develop a groundbreaking 51.2T solution incorporating...
Monday 25 March 2024
India roundup: stable electricity supply key issues for manufacturing relocation to India
Amid global production relocation, India remains disadvantageous due to a lack of stable power. To attract global manufacturers, India lowered import duties on EVs.Stable power supply...
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Summary of Tech Supply Chain News!
Global smartphone shipments hit 2023 peak in 4Q23, but decelerate in 1Q24 due to seasonality, says DIGITIMES Research
Meet the analyst: Operating system in AI era will be king, says DIGITIMES Research
Taiwan server industry experiences decline in 2023 revenues and shipments; poised to see growth in 2024, says DIGITIMES Research