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Foxconn

Apple targets raising India production share to up to 25%

NEW DELHI: Apple Inc wants India to account for up to 25% of its production from about 5%-7% now, the trade minister...

Published 23 Jan, 2023 02:09pm

Business & Finance

Foxconn’s COVID-hit China plant close to resuming full production

TAIPEI: Foxconn’s COVID-hit iPhone plant in China’s Zhengzhou city is almost back to full production, with its...

Published 03 Jan, 2023 11:03am

Technology

Foxconn expects COVID-hit China plant back to full output in late Dec-early Jan

TAIPEI: Apple supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full production around late...

Published 05 Dec, 2022 10:22am

Markets

Nasdaq ends down as investors eye Black Friday sales, China infections

NEW YORK: The Nasdaq closed lower on Friday with pressure from Apple Inc in a subdued holiday-shortened trading...

Published 28 Nov, 2022 05:48am

Technology

Foxconn apologises after protests over pay and conditions at China iPhone factory

TAIPEI: Taiwanese tech giant Foxconn on Thursday apologised for a “technical error” in its payment systems after...

Published 24 Nov, 2022 10:16am

Markets

European equities waver on economic gloom

LONDON: European stock markets wavered on Wednesday on news that the eurozone and UK economies shrank in November,...

Published 24 Nov, 2022 04:28am

Technology

Apple supplier Foxconn plans to quadruple workforce at India plant

NEW DELHI/TAIPEI: Apple supplier Foxconn plans to quadruple the workforce at its iPhone factory in India over two...

Published 11 Nov, 2022 12:07pm

World

Escape from Foxconn: Workers recount Covid chaos at iPhone factory

BEIJING: Zhang Yao recalls the moment he realised something had gone deeply wrong at the Chinese mega-factory where...

Published 07 Nov, 2022 07:50am

Technology

Foxconn COVID woes may hit up to 30% of iPhone Nov shipments from Zhengzhou plant

TAIPEI: Apple supplier Foxconn’s COVID-19 woes at its vast iPhone manufacturing facility in China’s Zhengzhou city...

Published 31 Oct, 2022 10:12am

Business & Finance

Taiwan’s Foxconn wants customers to sell ‘a lot’ of EVs

TAIPEI: Foxconn the world’s largest contract electronics maker, said on Tuesday it wanted its customers to sell...

Published 18 Oct, 2022 10:25am

Technology

Apple asks suppliers to shift some AirPods, Beats production to India: Nikkei

Apple Inc is asking its suppliers to move some AirPods and Beats headphone production to India for the first time,...

Updated 05 Oct, 2022 03:16pm

Business & Finance

Foxconn strikes $19.4bn deal to make chips in India

MUMBAI: Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local...

Published 15 Sep, 2022 05:57am

Business & Finance

Foxconn starts to feel sting of slowing smartphone sales

TAIPEI: Apple iPhone assembler Foxconn gave a cautious outlook for the current quarter after posting results that...

Published 10 Aug, 2022 03:55pm

Technology

Foxconn unit sees limited impact from suspended China plant

TAIPEI: Operations at a unit of Taiwan-based Apple Inc supplier Foxconn in China’s Kunshan city remain suspended...

Published 25 Apr, 2022 11:31am

Technology

Apple, others face shipment delays as China COVID curbs squeeze suppliers

SHANGHAI/TAIPEI: Shipments of some Apple products, as well as Dell and Lenovo laptops are likely to face delays if...

Published 15 Apr, 2022 01:42pm

World

Chinese cities and factories lock down as outbreak spreads

BEIJING: All 17 million people in the Chinese tech hub of Shenzhen spent their first full day under lockdown Monday,...

Updated 15 Mar, 2022 06:40am

Markets

Apple suppliers Foxconn, Unimicron cut output amid China’s COVID curbs

TAIPEI: Apple suppliers Foxconn and Unimicron Technology Corp said on Monday they have suspended operations in the...

Published 14 Mar, 2022 10:41am

Business & Finance

Foxconn to launch investment in Indonesia's EV sector in Q3

JAKARTA: Taiwan-based Foxconn will launch an investment to manufacture electric vehicles and batteries in Indonesia...

Published 10 Feb, 2022 10:56am

Markets

Foxconn India's iPhone plant restarts production after December protests

CHENNAI: Apple Inc supplier Foxconn restarted production at its plant in southern India on Wednesday, a company...

Published 12 Jan, 2022 05:02pm

Technology

Foxconn India iPhone plant to reopen on Wednesday

CHENNAI: Apple Inc supplier Foxconn will reopen an iPhone manufacturing facility in southern India on Wednesday with...

Published 10 Jan, 2022 10:34am

World

Apple puts supplier Foxconn’s India plant on notice after protests

CHENNAI: Apple said it had placed the southern Indian factory of iPhone assembler Foxconn on probation after both...

Published 30 Dec, 2021 04:40am

Technology

Foxconn, Apple say worker dorms for India iPhone plant don't meet required standards

Apple and its iPhone assembler Foxconn found that some remote dormitories and dining rooms used for employees at a...

Published 29 Dec, 2021 10:28am

World

Foxconn India iPhone plant extends closure, workers’ hostels inspected

CHENNAI: A Foxconn iPhone factory in India at the centre of a mass food-poisoning incident will extend a week-long...

Published 28 Dec, 2021 03:54am

Business & Finance

Foxconn India plant shut for 3 more days after week-long closure

CHENNAI: Apple supplier Foxconn's plant near Chennai in India will stay shut for three more days, a senior ...

Published 27 Dec, 2021 10:37am

Business & Finance

Apple supplier Foxconn’s India plant shut this week after protests

CHENNAI, (India): Apple supplier Foxconn’s plant near Chennai in southern India will remain shut this week...

Published 22 Dec, 2021 06:13am

Technology

Apple supplier Foxconn's India plant shut this week after protests -sources

CHENNAI: Apple supplier Foxconn's plant near Chennai in southern India will remain shut this week following protests...

Published 21 Dec, 2021 06:53pm

Technology

Apple supplier Foxconn's Q3 profit beats estimates

TAIPEI: Taiwan's Foxconn, which assembles iPhones for Apple, reported a better-than-expected third-quarter profit on...

Published 12 Nov, 2021 11:28am

Technology

Apple supplier Foxconn unveils electric vehicles

TAIPEI: Taiwanese tech giant Foxconn unveiled three electric vehicles on Monday, boosting its bid to be a major...

Published 18 Oct, 2021 03:03pm

Business & Finance

Stellantis, Foxconn to make 'smart cockpit' for cars

PARIS: Global auto group Stellantis and Taiwanese electronics giant Foxconn unveiled a joint venture on Tuesday to...

Published 30 Aug, 2021 06:33am

Technology

Apple supplier Foxconn's Q2 profit beats estimates

The Taiwanese firm reported April-June net profit of T$29.779 billion

Published 12 Aug, 2021 11:30am

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Feb 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▲ 0.16 (24.24%)
HBL Invest Fund / Feb 6 HBL Investment Fund(HIFA)	1.99 ▲ 0.34 (20.61%)
Oilboy Energy / Feb 6 Oilboy Energy Limited(OBOY)	7 ▲ 1.00 (16.67%)
Pak Gen.Ins. / Feb 6 The Pakistan General Insurance Co. Ltd.(PKGI)	5.65 ▲ 0.67 (13.45%)
P.I.A.C.(A) / Feb 6 Pakistan International Airlines Corp(PIAA)	4.10 ▲ 0.36 (9.63%)
Sui South Gas / Feb 6 Sui Southern Gas Company Limited(SSGC)	11.44 ▲ 0.99 (9.47%)
MetaTech. / Feb 6 MetaTech Health Limited(META)	7.14 ▲ 0.60 (9.17%)
Orient Rental / Feb 6 Orient Rental Mod(ORM)	6.55 ▲ 0.50 (8.26%)
Chashma / Feb 6 Chashma Sugar Mills Limited(CHAS)	64.68 ▲ 4.51 (7.50%)
Din Tex. / Feb 6 Din Textile Mills Limited(DINT)	102.63 ▲ 7.16 (7.50%)

Stock	Price
First Elite Cap.Mod / Feb 6 First Elite Capital Modaraba(FECM)	3 ▲ -0.32 (-9.64%)
Pak Gulf Leasing / Feb 6 Pak-Gulf Leasing Company Limited(PGLC)	6.03 ▲ -0.52 (-7.94%)
Shahtaj Sugar / Feb 6 Shahtaj Sugar Mills Limited(SHJS)	45.53 ▲ -3.69 (-7.50%)
AL-Noor Sugar / Feb 6 Al-Noor Sugar Mills Limited(ALNRS)	57.35 ▲ -4.64 (-7.49%)
Crescent Fib. / Feb 6 Crescent Fibres Limited(CFL)	52.73 ▲ -4.27 (-7.49%)
MCB-ARIF Habib / Feb 6 MCB-Arif Habib Savings and Invest(MCBAH)	21.97 ▲ -1.78 (-7.49%)
Sunrays Textile / Feb 6 Sunrays Textile Mills Limited(SUTM)	137.74 ▲ -11.16 (-7.49%)
Pak Leather / Feb 6 Pak Leather Crafts Limited(PAKL)	18.21 ▲ -1.47 (-7.47%)
Quetta Textile / Feb 6 Quetta Textile Mills Limited(QUET)	14.36 ▲ -1.16 (-7.47%)
Ellcot Spinning / Feb 6 Ellcot Spinning Mills Limited(ELSM)	121 ▲ -8.98 (-6.91%)

Stock	Volume
Pak Petroleum / Feb 6 Pakistan Petroleum Limited(PPL)	21,823,478 ▼ 5.59
Sui North Gas / Feb 6 Sui Northern Gas Pipelines Limited(SNGP)	13,436,569 ▼ 3.03
Oil & Gas Dev. / Feb 6 Oil & Gas Development Company Limited(OGDC)	10,544,849 ▼ 6.44
K-Electric Ltd. / Feb 6 K-Electric Limited(KEL)	8,976,715 ▼ 0.10
Hub Power Co. / Feb 6 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.97
Sui South Gas / Feb 6 Sui Southern Gas Company Limited(SSGC)	7,743,500 ▼ 0.99
Cnergyico PK / Feb 6 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.06
WorldCall Telecom / Feb 6 Worldcall Telecom Limited(WTL)	5,875,506 ▼ 0.02
Dewan Motors / Feb 6 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.17
P.T.C.L. / Feb 6 Pakistan Telecommunication Company Ltd(PTC)	5,530,500 ▼ 0.39

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 6	277.40
USD PKR Interbank Buying / Feb 6	275.40
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
Nasdaq / Feb 3	12006.96
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94
India Sensex / Feb 6	60506.90
Tokyo Nikkei / Feb 6	27693.65
Hang Seng / Feb 6	21349.17

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Crude Oil USD/Barrel / Feb 6	73.58
Gold Spot USD/Ounce / Feb 6	1876.61
Cotton US¢/pound / Feb 6	84.80

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