News
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…
Foxconn
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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…
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Apple suppliers apply for Indian funds to boost smartphone production
Apple’s Taiwan contract suppliers have applied for funds from India’s $6.65bn scheme to boost smartphone manufacturing. Read more…
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Foxconn eyes further investment in India, outlook favourable
Taiwan’s Foxconn is planning further investment in India and may announce details in the next few months Read more…
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Foxconn restarts production, warns of revenue hit this year
Apple iPhone maker Foxconn said it is cautiously restarting production at its plants in China and warned revenue will be hurt this year. Read more…