foxconn Major Apple supplier Foxconn expected to report strong Q3 results on AI boom By cio.economictimes.indiatimes.com Published On :: Thu, 14 Nov 2024 10:06:21 +0530 Foxconn's shares have surged more than 100% so far in 2024, far outperforming the broader market's 28% gain. Foxconn said last month it was building in Mexico the world's largest manufacturing facility for bundling Nvidia's GB200 superchips, a key component of the US firm's next-generation Blackwell family computing platform. Full Article
foxconn Apple supplier Foxconn's Q3 profit rises 14%, beats forecasts By biztoc.com Published On :: Thu, 14 Nov 2024 06:29:54 GMT In This Article: TAIPEI (Reuters) - Apple supplier Foxconn reported on Thursday a 14% rise in third-quarter net profit, driven by strong AI server demand. The Taiwanese company, the world's largest contract electronics maker, reported net profit for the July-September quarter rose to T$49.3… Full Article
foxconn Foxconn's Q3 net profit up by 14% to $1.5 billion By biztoc.com Published On :: Thu, 14 Nov 2024 07:24:44 GMT Foxconn Precision Industry Co. Ltd. announced on Thursday that its net profit in the third quarter of the fiscal year 2024 observed an annual rise of about 14% to reach 46.09 billion New Taiwan dollar... Full Article
foxconn Foxconn's Q3 revenue up by 14% to $1.5 billion By biztoc.com Published On :: Thu, 14 Nov 2024 07:13:39 GMT Foxconn Precision Industry Co. Ltd. announced on Thursday its revenue in the third quarter of the fiscal year 2024 observed an annual rise of about 14% to reach 46.09 billion New Taiwan dollars (NT$),... Full Article
foxconn Foxconn reports Q3 revenue up 20% YoY to a record ~$57.01B, net income of ~$1.5B vs. ~$1.408B est., and expects half of its server orders in 2025 to be for AI By biztoc.com Published On :: Thu, 14 Nov 2024 07:24:26 GMT Full Article
foxconn Major Apple supplier Foxconn's Q3 profit up 14% on AI boom By biztoc.com Published On :: Thu, 14 Nov 2024 07:24:29 GMT Full Article
foxconn Foxconn considering skill building institute in India By cio.economictimes.indiatimes.com Published On :: Mon, 18 Jul 2022 12:00:00 +0530 The idea was discussed by Andy Lee, the chief executive of its Foxtron electric vehicle venture, in the presence of Foxconn chairman Young Liu and a cluster of states at a meeting organised last month when Liu was visiting India, they said. Foxtron is also looking to manufacture EVs in India. Full Article
foxconn Apple in Talks with Foxconn to Build AI Servers in Taiwan By www.tuaw.com Published On :: Sun, 10 Nov 2024 14:21:50 -0700 Apple is in discussions with Foxconn to manufacture AI servers in Taiwan, aiming to bolster its Apple Intelligence initiative. Apple Intelligence, a suite of user-focused AI tools, relies heavily on substantial computing power. To meet these growing demands, Apple seeks to produce specialized servers powered by its Apple Silicon. These servers would enhance processing capabilities, […] Full Article Apple
foxconn Foxconn in Wisconsin -- A Truly Bad Deal By blogs.edweek.org Published On :: Wed, 02 Aug 2017 00:00:00 +0000 Wisconsin's $3 billion Foxconn deal is an economic and workforce loser for the state and its residents, argues Marc Tucker. Full Article Wisconsin
foxconn iPhone Manufacturer Foxconn Reveals Its First Electric-Vehicle Prototypes By Published On :: Tue, 19 Oct 2021 10:30:00 GMT Foxconn, the Taiwanese company known for assembling Apple products, has unveiled three electric-vehicle prototypes. WSJ’s Stephanie Yang attended the launch event to see how the company is diversifying its business to gain a foothold in the auto industry. Photo: I-Hwa Cheng/Bloomberg News Full Article
foxconn IPhone maker Foxconn plans to set up $700 mn new plant in Bengaluru By www.thehindubusinessline.com Published On :: Fri, 03 Mar 2023 12:11:59 +0530 The investment is one of Foxconn’s biggest single outlays to date in India and underscores how China’s at risk of losing its status as the world’s largest producer of consumer electronics. Full Article Mobiles & Tablets
foxconn Foxconn to start manufacturing iPhones in Karnataka by April 2024 By www.thehindubusinessline.com Published On :: Thu, 01 Jun 2023 18:17:22 +0530 The company has already paid 30% of the land cost to the Karnataka Industrial Areas Development Board Full Article National
foxconn Foxconn begins iPhone 15 production in India By www.thehindubusinessline.com Published On :: Wed, 16 Aug 2023 11:03:58 +0530 The scale of India production for the iPhone 15 will depend on the ready availability of components, which are largely imported, and the smooth ramp-up of production lines at the Foxconn factory outside Chennai Full Article Mobiles & Tablets
foxconn 5G iPhones can still arrive on schedule: Foxconn By cio.economictimes.indiatimes.com Published On :: 2020-04-04T17:15:00+05:30 Taiwan-based electronics contract manufacturer Hon Hai Precision Industry Co Ltd or Foxconn has reportedly said that the production of the 5G iPhones is likely to start on schedule for the fall launch of the new handsets. Full Article
foxconn Inside Foxconn: How an iPad is made By www.mnn.com Published On :: Thu, 12 Apr 2012 13:21:57 +0000 Rob Schmitz, Marketplace Shanghai bureau chief, is only the second reporter to gain access to the factory floor at Apple's Chinese manufacturer. See highlights Full Article Gadgets & Electronics
foxconn Foxconn Sends a Manufacturing Message with New Pennsylvania Plant By webfeeds.brookings.edu Published On :: Mon, 25 Nov 2013 16:39:00 -0500 Last week international electronics mega-manufacturer Foxconn announced plans to invest $30 million in a new robotics plant in Harrisburg, PA. Foxconn, the notorious Chinese low-wage manufacturer of Apple’s iPhone, has become the poster child of U.S. outsourcing in the face of ruinous global labor cost competition. The calculus of manufacturing supremacy is seemingly simple: Low labor costs and taxes, proximity to a large consumer base, and manageable corruption levels equal a sure strategy to attract global firms. So what’s going on in Harrisburg? Foxconn is beginning to realize what a number of global manufacturers have come to realize: Production sites that can leverage university, government, and private R&D, a market-ready STEM workforce, and a vibrant cluster of global manufacturing supply chains trump cheap labor and tax breaks. In this regard the Harrisburg region is a big win for Pennsylvania as well as Foxconn—a company trying to move away from a legacy of poor working conditions to one of high-value, high-skilled production. Harrisburg and the larger Rust Belt Pittsburgh-Youngstown region to the west are hotbeds of advanced manufacturing. Youngstown is home to the National Additive Manufacturing Innovation Institute—an internationally recognized hub for so-called “3D printing” that draws together public- and private-sector resources. Pittsburgh—with the University of Pittsburgh, Carnegie Mellon University, and firms like Google—has redefined itself from a gilded-era steel town to a modern technology leader in software and robotics. Indeed, Foxconn is investing $10 million in Carnegie Mellon’s world class advanced robotics R&D. Finally, also in the Rust Belt and including Harrisburg, Akron and Cleveland, cheap natural gas has helped push manufacturing job and firm growth in a region that was hit extremely hard by the recession. While Foxconn may be one of the highest profile foreign firm to relocate to the United States it is certainly not, as we’ve discussed, the first. Again and again, global firms interested in high-end manufacturing are putting a renewed premium on geographic clusters of intensive innovation. To be sure, countries with low labor costs still maintain solid advantages in a number manufacturing industries that will help their economies grow—this is the benefit and reality of a global economy. But when it comes to advanced manufacturing, U.S. metro areas and regions that foster synergies between research, skills, and production will likely continue to be highly sought after from firms looking to move up the global value chain. Authors Mark MuroScott Andes Image Source: © George Frey / Reuters Full Article
foxconn Protesters Confront Apple Over Foxconn Conditions By www.treehugger.com Published On :: Fri, 10 Feb 2012 07:19:00 -0500 On the same day that protesters delivered petitions for better working conditions at Apple suppliers to Apple stores, hackers breached Foxconn security. Full Article Technology
foxconn A Foxconn scheme sold more than 300,000 bootleg iPhones made from defective parts By www.dailymail.co.uk Published On :: Wed, 18 Dec 2019 21:37:20 GMT Workers at Foxconn's biggest iPhone assembly plant were allegedly running a side business selling bootleg phones made from defective components that should have been destroyed. Full Article
foxconn iPhone maker Foxconn resumes production at one plant in China after coronavirus shutdown By www.dailymail.co.uk Published On :: Mon, 10 Feb 2020 22:14:06 GMT iPhone maker Foxconn resumes production at its plant in Zhengzhou, but has yet to receive approval for its Shenzhen factory. The factories make up the bulk the firm's assembly lines for the handsets. Full Article
foxconn iPhone maker Foxconn says it has hired enough workers to meet seasonal demand following shutdown By www.dailymail.co.uk Published On :: Tue, 24 Mar 2020 21:13:24 GMT Apple's largest iPhone maker Foxconn reveals it has hired enough staff to meet the seasonal demand of the iPhone 12 after only 10% of the staff returned to work following the shutdown last month. Full Article
foxconn Foxconn delay leaves Maharashtra jittery By www.business-standard.com Published On :: Fri, 19 Feb 2016 00:55:00 +0530 State worried over the delay as despite marathon meetings, several visits, the company is still conducting due diligence on various sites Full Article
