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Tuesday 10 September 2024
Hundreds of Samsung workers in India strike for higher wages, disrupting production
According to Reuters, hundreds of workers at a Samsung Electronics plant in southern India have initiated an indefinite strike to demand higher wages after failing to negotiate...
Monday 9 September 2024
Kaohsiung expands software cluster; Nvidia and Foxconn expect to be major attractions
Following increased investments from companies like Nvidia, Foxconn, and IBM in Kaohsiung, software giant SAP has also expanded the scale of its Kaohsiung site, establishing an ESG...
Friday 6 September 2024
Foxconn evaluates European semiconductor packaging plant, continues advanced technology development
Foxconn Chairman Liu Young-way revealed on September 4, 2024, that in addition to their existing investments in IC design and applications, the company is currently evaluating the...
Friday 6 September 2024
Foxconn expects revenue growth in 3Q24
Hon Hai Technology Group (Foxconn) has disclosed that its revenue decreased sequentially by 4.2% in August. However, the company remains optimistic that its revenue will increase...
Tuesday 3 September 2024
Foxconn expands software footprint with new Kaohsiung R&D center, CityGPT
As industry leaders like Acer founder Stan Shih emphasize the growing importance of software development in the AI era, Foxconn Technology (Hon Hai) has once again showcased its agility...
Monday 2 September 2024
India roundup: Kaynes SemiCon secures India's first paying OSAT customer for advanced semiconductor packaging
Kaynes SemiCon secured India's first paying OSAT customer for advanced semiconductor packaging and inaugurated an EMS facility. Foxconn clarified the yields of made-in-India iPhones...
Friday 30 August 2024
iPhone 16 sales performance to be affected by Apple Intelligence, among other variables
Apple has officially announced that the title of this year's fall product launch event will be "It's Glowtime." It will take place on September 9 at 10:00 am PT. The event is expected...
Friday 30 August 2024
Nvidia confirms Blackwell shipments in 4Q24, easing supply chain concerns
NVIDIA's recent fiscal 2025 second-quarter financial report, ending July 28, has not only surpassed market expectations but also addressed concerns surrounding the supply of its new...
Wednesday 28 August 2024
Foxconn quells rumors, confirms on-schedule production for major client
To dispel rumors regarding the progress of new product shipments for a major client Foxconn Chairman Young Liu has assured that production lines across the company's facilities are...
Wednesday 28 August 2024
Apple maintains MacBook shipments at 15M units amid Foxconn, Quanta, and Wingtech order cuts
The global notebook (NB) market is experiencing a period of stagnation in 2024, with shipments expected to remain largely flat or show only single-digit percentage changes. This comes...
Monday 26 August 2024
Foxconn denies low yields of made-in-India iPhones
Foxconn's Tucheng headquarters hosted a traditional Ghost Festival ceremony on August 23. Following the event, chairman Young Liu addressed recent speculation, assuring investors...
Monday 26 August 2024
Foxconn remains committed to China despite economic ups and downs
Foxconn reaffirmed its commitment to Henan, its primary manufacturing hub in China, during a traditional Ghost Festival ceremony at its Tucheng headquarters on August 23. The company...
Thursday 22 August 2024
Foxconn navigates complex AI server trading models to maximize profitability
Despite rumors of shipment delays for Nvidia's new-generation AI chips, the demand for AI servers remains strong. For contract manufacturers like Foxconn, the challenge lies in maximizing...
Thursday 22 August 2024
Foxconn announces fresh investment across continents
According to Bloomberg, Foxconn has announced a total investment of US$830 million in its overseas operations across Europe, Mexico, the US, and India through four corporate...
Wednesday 21 August 2024
Foxconn reportedly to begin iPhone Pro manufacturing in India soon
Just days after Foxconn chairman Young Liu visited Tamil Nadu, reports indicate that the company's iPhone plant in the southern Indian state will soon commence production of the latest...