foxconn
Foxconn hits record Q4’25 revenue of over $82 Bn driven by strong AI demand
Yet another chip company is reaping rich dividends, thanks to the AI gold rush that is currently on in the global tech space. Foxconn has just hit a…
Foxconn reports nearly 16% revenue growth in Q2 2025, driven by AI demand
Foxconn — the world’s largest contract electronics manufacturer — reported a nearly 16% jump in revenue for the second quarter (Q2) of 2025. The company recorded NT$1.797 trillion…
Foxconn to start manufacturing iPhone casings in India for the first time
Foxconn (Apple’s largest contract manufacturer) is reportedly set to begin manufacturing metal casings for iPhones in India. The company has started work on a new facility at the…
Foxconn says it plans to double investment and jobs in India by next year
Among Apple’s most prominent suppliers, Taiwan HQed Foxconn has been accelerating its diversification from China-based production lines to India. Now, the electronics manufacturer is set to make even…
Foxconn commits $194Mn to set up electronic components plant in India’s Tamil Nadu
In recent months, several overseas companies have pledged investments into the Indian market, particularly in the semiconductor sector. Today’s announcement follows suit, as a unit of Taiwanese company…
Setback to India’s semiconductor plans as Foxconn withdraws from $19.5Bn Vedanta joint venture
India’s ambitious semiconductor ambitions just got a huge setback. Electronics manufacturer Foxconn has announced that it is “pulling out” of a major semiconductor joint-venture with India’s Vedanta, that…
Apple supplier Foxconn set to invest $500Mn in Telangana to set up manufacturing, create 25,000 jobs
In a move that continues to solidify India’s position as an attractive destination for global manufacturers, Apple’s chip supplier Foxconn Interconnect Technology (FIT) has decided to invest $500…
Vedanta to set up India’s first semiconductor base in the state of Gujarat
Indian multinational mining company Vedanta announced that it has signed two MoUs with the government of Indian state of Gujarat, for setting up country’s first ever semiconductor plants.…
Foxconn forms joint venture with Indian mining major Vedanta to set up semiconductor manufacturing in India
With India making an aggressive push into the semiconductor manufacturing space, we are seeing results much earlier than anticipated. While Indian government has been pushing global manufacturers to…
Following food poisoning row, Apple supplier Foxconn’s Tamil Nadu unit to stay shut, company to restructure local management
India is undoubtedly one of the biggest markets for tech giants across the world, and it is here that Apple’s supplier Foxconn has found itself in a pickle.…
Samsung, Apple partners among 16 firms to be given incentives under India’s $6.6B scheme to boost smartphone manufacturing
Amidst the trade war between China and the US, and the severing of ties between several other countries and China due to the pandemic, India found itself in…
Apple plans to move upto 30 percent of its production outside of China: Report
Apple Inc. plans to restructure its supply chains and has asked its key suppliers to evaluate the cost implications of moving 15% to 30% of their production capacity…
Stocks plunge as Apple component manufacturers predict weak results
Shares of Apple’s Asian parts manufacturers and assemblers took a nose-dive as several component makers warned of weaker than expected results. This has also led to several market…
Apple and Amazon to ‘chip in funds’ with Foxconn to buy Toshiba’s memory business
Toshiba’s financial troubles have pushed the technology giant to offload its NAND memory business to a third-party, even when it’s facing some amount of retaliation from its widely-known…
SoftBank and Foxconn will soon initiate a joint venture, targeting expansion in the U.S.
Japan’s SoftBank Corp. is a significant investor in tech-focused companies while Foxconn is recognized as a leading hardware supplier in the market. But, to further accelerate their dominance…
3-D camera maker TetraVue raises $10 million from Samsung, Foxconn and others
TetraVue, the company which has set forth to upgrade self-driving cars with ultra high resolution 3-D cameras and optics, has announced that it is raising an impressive $10…
Foxconn, Cisco, Bosch & others join hands to form a new blockchain and IoT consortium
Blockchain and Internet of Things are currently being seen as technologies that’ll become ubiquitous in the near future. But, there are also individuals who’re working towards the amalgamation…
Foxconn plans to invest more than $7Bn to build a display-making factory in the U.S.
Foxconn, one of the largest contract manufacturers, is finally taking strides to flag off its U.S expansion. The company is currently mulling over building a $7 billion display…
Demonetisation leads Foxconn to bench a fourth of its workforce for a couple weeks
Though the demonetisation move has enabled digital payment services to gain momentum, it has adversely affected the sales and production for several big-time companies. Joining the list is…
Apple’s biggest manufacturer, Foxconn, confirms its expansion plans for the U.S
Apple’s largest device manufacturer, Foxconn Technology Group, is definitely planning to expand its operations to the Unites States. The Chinese behemoth has today confirmed that it has held…
Apple exploring opportunities to manufacture iPhones in the U.S instead of China: Report
Possibly, most people are aware of the fact that Apple manufactures its infamous iPhone in China to keep procurement and manufacturing costs minimal. But, a report from Nikkei…
