The Taiwanese tech giant's shares climbed after soaring demand for AI servers helped it post a better-than-expected quarterly profit.
Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers.
Apple supplier Foxconn reported on Wednesday a 6% rise in second-quarter net profit, driven by strong AI server demand.
Taiwan's Foxconn plans to invest 1 billion yuan ($137.5 million)to construct a new business headquarters in Zhengzhou, China, according to a statement on Wednesday.
Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Friday its second-quarter revenue jumped 19% year-on-year, and predicted third-quarte
Foxconn Singapore has been awarded a licence to invest $551 million in two projects to produce smart entertainment products and smart-system equipment in Vietnam's northern province of Quang Ninh, sta
Indian labour officials visited a Foxconn factory in the country's south this week and questioned executives about the company's hiring practices, an official said, after Reuters reported that the maj
India's human rights watchdog said on Monday it had asked government officials to examine reported discrimination by Foxconn, after a Reuters investigation found the major Apple supplier has been reje
India's opposition Congress urged Prime Minister Narendra Modi's government on Saturday to question Foxconn about its hiring practices after Reuters reported that the Apple supplier rejects married wo
CNBC's Scott Cohn joins 'Power Lunch' to discuss the fallout from the failed attempt to build Foxconn in Wisconsin.
The Biden administration has designated Wisconsin as home to one of 31 regional Tech Hubs authorized under the CHIPS and Science Act, with a focus on bio-health.  Backers say the effort could create
Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.
NEW YORK , June 20, 2024 /PRNewswire/ -- Nu Ride Inc. (" Nu Ride " or the "Company") (OTCMKTS: NRDE), formerly known as Lordstown Motors Corp., announced today that it has retained the law firm of Su
No major risks found, proactive effort to cover global footprint this year  TAIPEI , June 12, 2024 /PRNewswire/ -- Hon Hai Technology Group ("Foxconn") (TWSE:2317) has completed independent, third-pa
Taiwan's Foxconn , the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Wednesday revenue for May rose 22.1% year-on-year, a record high for the month.
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