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NEWS TAGGED FOXCONN
Thursday 15 August 2024
Foxconn reports strong 2Q24 growth driven by AI demand
Driven by strong AI demand, Foxconn reported its financial results for the second quarter of 2024, highlighting growth in both revenue and profit compared to the first quarter and...
Tuesday 6 August 2024
iPad, Mac sales surge as AI and M4 chips poised to drive consumer demand in late 2024
Apple's financial report for the third quarter of fiscal year 2024 revealed impressive results for the iPad and Mac series, with the iPad showing particularly strong performance....
Tuesday 6 August 2024
What's behind Nvidia's delay in launching Blackwell AI platform bulk shipments?
Since late July, there have been numerous speculations in the market that Nvidia's new generation Blackwell series roadmap has been adjusted. Reports suggest that the B100 models...
Tuesday 6 August 2024
AI gamble looms large as Apple seeks to revive iPhone sales in China
Apple's iPhone sales slipped 1% year-over-year in the April-June quarter of 2024, primarily due to continued weak shipments in Greater China. The tech giant's ability to reignite...
Tuesday 6 August 2024
Foxconn set record July sales driven by AI and consumer electronics growth
Foxconn has reported record-breaking July sales, propelled by AI-driven growth in its cloud and networking business, as well as a product ramp in its smart consumer electronics division...
Monday 5 August 2024
India roundup: Foxconn expands capacity in India to support more product lines
Foxconn has been expanding its manufacturing capacities in India. Qualcomm unveils affordable 5G SoC to challenge MediaTek's dominance in India's smartphone AP market.
Thursday 1 August 2024
Taiwanese investments surge in Vietnam, driven by supply chain diversification
Vietnamese media reports indicate that Taiwanese companies are increasing their investments in Vietnam to diversify their supply chains.
Tuesday 30 July 2024
Foxconn expands capacity in India to support more product lines
Hon Hai Technology (Foxconn) has been ramping up production capacity in India to extend support to more product lines, according to industry sources.
Monday 29 July 2024
Apple reportedly to make iPhone Pro series in India by March 2025, locally-made iPad under evaluation
Apple is expanding its manufacturing footprint in India. The company reportedly plans to produce the high-end iPhone 16 Pro and Pro Max models in the country. Apple also aims to increase...
Monday 29 July 2024
Foxconn's Vietnam plant to roll out 4 million Nintendo Switch annually by 2027
Foxconn is set to produce Nintendo Switch consoles in Quang Ninh, Vietnam, as part of its US$260 million investment project in the province.
Thursday 25 July 2024
Foxconn steps up investment in China
Under the current geopolitical climate, the trend toward localized production is set to continue for some time. Yet Hon Hai Precision (Foxconn) is seemingly bucking the trend, instead...
Wednesday 24 July 2024
Hon Hai celebrates 50 years as expert predicts ubiquitous AI applications
Celebrating the 50th anniversary of Hon Hai Corporation, Hon Hai Research Institute held the AI NExT Forum with the theme of "50 Years-New Era of Wisdom: Generative AI and Future...
Wednesday 24 July 2024
Sharp acquires communication patents from Foxconn subsidiary to boost wireless tech portfolio
Sharp has made a strategic move to enhance its mobile device wireless communication technology by acquiring communication patents from Foxconn. This acquisition aims to strengthen...
Friday 19 July 2024
Foxconn, Luxshare to gain from consumer electronics demand recovery
Demand for smartphones and other consumer electronics is on the rise, prompting device assemblers such as Hon Hai Precision Industry (Foxconn) and Luxshare Precision Industry to prepare...
Thursday 18 July 2024
Players' cards in AI server assembly market
Generative AI continues to fuel global server business potential spreading like wildfire. Taiwanese manufacturers dominate the global AI server assembly industry, representing as...