News
Foxconn eyes global growth through EV strategy across Europe, India
Foxconn is looking at making electric vehicles (EVs) in Europe, India and Latin America and “indirectly” cooperating with German automakers. Read more…
Foxconn
News
Bharat FIH, iPhone maker Foxconn’s India unit opens 5G R&D center
Bharat FIH, Foxconn’s India subsidiary, has set up its first Research & Development Centre at the IIT Madras Research Park, Chennai. Read more…
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Thailand, world’s next EV centre, plant to produce 50,000 units by 2023
A $1-2 billion deal to establish an electric vehicle (EV) manufacturing plant in Thailand, targeted to rollout 50,000 units by 2023. Read more…
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Vietnam shuts down manufacturing in COVID region, affecting Foxconn
Four industrial parks in Vietnam, including three that house Taiwan’s Foxconn, to temporarily shut down due to an outbreak of COVID-19. Read more…
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Foxconn strengthens presence in semiconductor space with Yageo JV
Foxconn said it has formed a joint venture with Yageo to expand its presence in semiconductors, as chip shortage rattles producers of goods. Read more…
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Foxconn chairman expects ‘limited impact’ from chip shortage on clients
Chairman of Foxconn expects his company and its clients will face only “limited impact” from a chip shortage that has rattled others. Read more…
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Amazon to start making its TV streaming device in India
Amazon.com Inc will start making its TV streaming device in India this year via a unit of Taiwanese contract manufacturer Foxconn. Read more…
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Foxconn moving some Apple product assembly to Vietnam from China
Foxconn is moving some Apple assembly to Vietnam from China as the US firm diversifies production to minimise impact of Sino-US trade war. Read more…
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Samsung to move major part of handset production to India from Vietnam
Samsung is most likely to shift a large part of its global smartphone production to India from countries like Vietnam leveraging PLI scheme. Read more…
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Foxconn posts better than expected quarterly profit, sees weak growth
Foxconn posted a better-than-expected quarterly profit and forecast its smartphones business would see sustained revenue weakness. Read more…
