Foxconn Technology Group Stock News

OpenAI just locked in a heavyweight manufacturing partner for its next phase of AI sprawl: Foxconn. The world's biggest electronics contractor, known for assembling iPhones and building Nvidia's hotte

NVIDIA, OpenAI, Alphabet, IBM, ABB Robotics, Uber, FUSO Participate Onstage TAIPEI , Nov. 21, 2025 /PRNewswire/ -- Accelerating its transformation into an AI-powered technology platform service compan

Foxconn Chief Strategy Officer Jun Seki on Friday showcased the company's "Model A" electric vehicle at the Taiwan contract chip manufacturer's tech day in Taipei.

Foxconn Chairman Young Liu said on Friday the company now had the capability to manufacture 1,000 artificial intelligence racks per week, and it expected that rate to increase next year.

Foxconn will collaborate with U.S.-based OpenAI to design and engineer data center racks, components, and other artificial intelligence hardware, the Taiwanese company said on Thursday, as both firms

Hon Hai Precision Industry Co. (HNHAF) just posted a stronger-than-expected quarter, powered by the global surge in AI infrastructure spending. The Taiwanese gi

Hon Hai Precision Industry Co., Ltd. (OTCPK:HNHAF) Q2 2025 Earnings Conference Call August 14, 2025 3:00 AM ET Company Participants Chiu-Lien Huang - Chief Financial Officer James Wu - Corporate Parti

Apple Inc (NASDAQ: AAPL ) supplier Hon Hai Precision Industry Co Ltd’s (OTC: HNHPF ) is in talks with Saudi Arabia to jointly build a $9 billion multipurpose facility, The Wall Street Journal reported on Monday, citing people familiar with the matter. What Happened: The Taiwan-based supplier, better known as Foxconn , could make microchips, electric-vehicle components, and other electronics like displays at the mega factory, according to WSJ. The proposal to build a dual-line foundry for surface-mount technology and wafer fabrication is currently under review by the Saudi Arabia government, the … Full story available on Benzinga.com

Foxconn, also known as Hon Hai Precision Industry, said it would reallocate production to other sites following the Shenzhen lockdowns.

Widespread lockdowns in China akin to the measures just taken in the southern technology hub of Shenzhen could affect half of the country’s gross domestic product.Authorities on Sunday placed Shenzhen’s 17.5 million residents into lockdown for at least a week amid a surge of Covid-19 infections in the city, an action that Bloomberg Economics said will deal a “direct hit” to Guangdong province, which accounts for 11% of GDP. As cases jump elsewhere, half of China’s GDP and population will be impacted by the latest outbreak, according to economists at Australia & New Zealand Banking Group Ltd.90197865“Previous steps to contain virus flareups left manufacturing unscathed for the most part,” Bloomberg Economics’ Chang Shu and David Qu wrote in a note Monday. The lockdown in Shenzhen will hit output in industries such as tech and machinery, which feed into global supply chains, they said.“The double hit to consumption and output, plus spillovers beyond China raise the stakes in this lockdown,” the economists added.The Shenzhen move comes as other parts of China try to battle the rapid spread of coronavirus.

Apple Inc. (NASDAQ: AAPL ) supplier Hon Hai Precision Industry Co. Ltd. (OTC: HNHPF ) has halted production of iPhones at its site in the Chinese tech hub of Shenzhen due to a government-imposed COVID-19 lockdown, Bloomberg reported Sunday. What Happened : Hon Hai, better known as Foxconn , has suspended operations at its China headquarters as well as a key manufacturing site in the tech hub city of Shenzhen and reallocated production to other sites to minimize the impact of disruption, as per the report. See Also: How … Full story available on Benzinga.com

Hon Hai Precision Industry Co., Ltd. (OTCMKTS:HNHPF) shares were down 0.9% on Monday . The company traded as low as $7.25 and last traded at $7.35. Approximately 88,522 shares changed hands during trading, a decline of 37% from the average daily volume of 140,161 shares. The stock had previously closed at $7.42. The stock’s fifty […]

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