Apple supplier Foxconn, the world's biggest contract electronics maker, beat estimates for second-quarter earnings as demand for artificial intelligence infrastructure soared.
Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees the potential to invest "several billion dollars" in India, with the firm looking to diversify its manufacturing away from China
Foxconn, the maker of Apple Inc (NASDAQ:AAPL)'s iPhones, has issued caution as demand for smartphones falters on the back of economic uncertainty. Though the Taiwan-based supplier beat analysts' expec
Foxconn's results mirror those of Apple's most recent numbers, which showed a drop in iPhone and iPad sales.
Taiwan's Foxconn, the world's largest contract electronics maker and a major supplier for Apple, said on Saturday revenue in July fell 1.23% year-on-year but forecast a business rebound for the third
Foxconn is looking to diversify its business beyond China at a time when India is trying to bring high-tech manufacturing to its shores.
Foxconn's venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit's chief exec
BlackBerry , on Monday said that Foxconn-led Mobility in Harmony (MIH) consortium has chosen the Canadian technology company to provide software and some services.
Taiwan's Foxconn will acquire a 50% stake in ZF Group's (ZFF.UL) axle system assembly unit, creating a joint venture aimed at growing automotive and supply chain opportunities, the companies said on M
Foxconn is best known as the main assembler of Apple's iPhones. But in last couple of years, the Taiwanese firm has made a push into semiconductors.
Foxconn has pulled out of a $19.5 billion joint venture with Indian multinational mining company Vedanta to build a chip factory in the country. It entered into an agreement to build the semiconductor
Foxconn says it is exiting an ambitious project to help build one of India's first chip factories.
iPhone maker Foxconn has dropped plans to build a new semiconductor manufacturing plant in India, claiming the project was not moving forward fast enough. To be situated in the state of Gujarat, Apple
Foxconn Technology Co Ltd (TPE: 2354) says it is pulling out of a joint venture with Vedanta. Its shares ended roughly flat on Monday.
The top Apple supplier didn't provide a reason for the breakup, but the $19.5 billion project would have been one of its largest moves outside China.
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