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BEIJING (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, said on Wednesday it plans to invest 1 billion yuan ($137.5 million) to ...
Foxconn's shares jumped 76% last year, outperforming by far a 28.5% rise for the broader Taiwan market. They closed down 0.8% on Friday ahead of the revenue data release, compared with a 0.3% gain ...
NEW DELHI (Reuters) - India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes ...
TAIPEI (Reuters) -Foxconn is building in Mexico the world's largest manufacturing facility for bundling Nvidia's GB200 superchips, a key component of the U.S. firm's next-generation Blackwell ...
The Zhengzhou Foxconn protests, officially referred to by Foxconn Technology Group as the "Zhengzhou Mass Gathering Incident", began in November 2022. [1] These protests, strikes, and violent clashes were initiated and participated in by some employees at the Zhengzhou factory in Henan Province, China, a subsidiary of Foxconn Technology Group (known as Foxconn in mainland China), in response ...
Chip stocks surged on Monday after Foxconn's earnings pointed to strong demand for AI servers. The company reported a record $64.75 billion in revenue for the fourth quarter, up 15% from a year ...
Foxconn dropped out of the deal in July 2023. [175] In April 2022, it was announced Foxconn had acquired the wireless telecommunications company, arQana Technologies – with the new organization being rebranded as "iCana". [176] Foxconn also announced a merger with the integrated circuit designing firm AchernarTek for an undisclosed amount.
Foxconn is set to invest about $250 million in two new projects in Vietnam, including for the production of components for electric vehicles (EVs), the world's largest contract electronics ...