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Foxconn complains about talent poaching in Vietnam
After Apple announced moving some iPhone production from China to Vietnam due to market tensions, Foxconn is now facing a battle for talent. Read more…
Foxconn
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Foxconn is expecting a better H2 as Shanghai prepares to reopen
Foxconn says the second half of the year is heading “in a better direction” as Shanghai’s COVID-19 lockdown appears to be easing. Read more…
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Unimicron and Foxconn suspend Shenzhen ops due to COVID lockdown
Foxconn and Unimicron have suspended operations in Shenzhen, after the tech hub imposed strict measures to stem a COVID-19 outbreak Read more…
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Remote healthcare heats up in SEA and Foxconn plans to cash in
Foxconn plans to enter the Southeast Asian digital healthcare device market by 2023 via its upcoming remote healthcare monitoring platform. Read more…
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Vedanta and Foxconn form JV to make chipsets in India
Foxconn partners with India’s Vedanta to make chipsets in the country as it looks to diversify its business amid a global chip shortage. Read more…
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iPhone maker Foxconn partners with Indonesia on EV ventures
Taiwan-based Foxconn said it has partnered with Indonesia’s Investment Ministry and several companies to support the development of EVs. Read more…
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Foxconn’s India unit to resume production after food poisoning protests
Foxconn will reopen its iPhone production facility in Chennai after shutting down last month over dorm food safety concerns. Read more…
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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…
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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…
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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…
