Reports in March said Foxconn plans to invest about $700 million to build a new plant for production of iPhone parts and the assembly, located near the airport in Bengaluru, the capital of Karnataka, and considered another new production site in Hyderabad, the capital of southern India's Telan...
Earlier this week it wasreportedthat Foxconn was planning a new facility next to Apple's forthcoming research and development center in the southern Chinese city of Shenzhen. "Foxconn will not leave. Foxconn will stay in China," Gou told reporters in Guangzhou, when asked whether he plans to ...
Foxconn Technology Group, the world’s largest electronics maker, has a deal to buy a huge auto assembly plant inOhiofrom startup electric truck maker Lordstown Motors, the companies announced Thursday. The agreement stands to give Taiwan-based Foxconn, best known for making Apple iPhones,...
Foxconn Technology Group, also known as Hon Hai Precision Industry Co, a partner of Apple, intends to double its investment in India. The… Terry Gou withdraws from Taiwan presidential race, bringing relief to Apple assembler Foxconn Friday, November 24, 2023 9:01 amNo Comments Terry Gou, th...
Foxconn first won a contract for AirPods and plans to make the device in a new plant in India, Reuters reported, citing people familiar with the matter. The new facility for AirPods assembly is said to be located in the southern Indian state of Telangana, with an investment of $200 million...
Foxconn plans to reduce investment in the construction of a plant in Wisconsin to $672 million, as well as the number of new jobs to 1454 from 13 thousand. But even some Foxconn executives were skeptical of the plan from the start, pointing out that Wisconsin and nearby states don't have...
Foxconn plans to use the supercomputer, once operational, to power breakthroughs in cancer research, large language model development and smart city innovations, positioning Taiwan as a global leader in AI-driven industries. Foxconn's "three-platform strategy" focuses on smart manufacturing, smart citi...
Taiwan's Hon Hai Precision is set to break ground in 2020 on a $9 billion 300mm chip fab in the city of Zhuhai in southern China, according to a report by the Nikkei news service. Hon Hai, which operates under the trade nameFoxconn, has been mulling plans since early this year to ...
Apple supplier Foxconn plans to invest $1 billion in India to expand a factory that assembles iPhones, reports Reuters. One source told Reuters that Apple has been pushing Foxconn and other suppliers to move production outside of China. The move will ultimately help the company in diversifying ...