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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 Industrial Internet Co., Ltd. (Fii; Chinese: 富士康工业互联网; pinyin: Fùshìkāng Gōngyè Hùliánwǎng) is a publicly listed company that engages in the manufacture and sale of electrical equipment that includes telecommunications equipment, cloud computing equipment, precision tools and industrial robots.
The 2010 suicides prompted 20 Chinese universities to compile an 83-page report on Foxconn, which they described as a "labor camp". Interviews of 1,800 Foxconn workers at 12 factories found evidence of illegal overtime and failure to report accidents. The report also criticized Foxconn's management style, which it called inhumane and abusive. [34]
TAIPEI/SHANGHAI (Reuters) - Foxconn Industrial Internet <601138.SS>, a subsidiary of the world's largest contract manufacturer Foxconn (2317.TW), announced plans to raise up to 27.1 billion yuan ...
Foxconn Industrial Internet is yet to finalise the size of the initial public offering (IPO), but it plans to use the proceeds to finance investments totalling 27.3 billion yuan ($4.3 billion) on ...
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Micorosft will invest billions of dollars in Mount Pleasant, ensuring that the industrial park created for Foxconn will be more than solvent. Local government spent hundreds of millions to ...
Foxconn is the largest private employer in China with 1.4 million employees. With over a million members, Foxconn Trade Union is the world's largest trade union and also a company union dominated by management. It was established in 2006 in Shenzhen, China.