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Foxconn

Apple works with Chinese suppliers for latest iPhones: Nikkei

Apple did not immediately respond to a Reuters request for comment

Published 04 Aug, 2021 12:33pm

World

China jabs deal hailed as England presses ahead with 'Freedom Day'

Vaccines are still seen as the best way to allow economies to reopen while keeping the public safe, but many poorer nations are still lagging far behind their richer counterparts -- tens of millions in Asian cities are now once again living in lockdown.

Updated 13 Jul, 2021 01:37am

Business & Finance

Foxconn founder asks Taiwan to allow vaccine talks with Chinese firm

Gou said by making the purchase and donation known internationally, the government does not need to worry about the issue of "fake" vaccines.

Published 18 Jun, 2021 10:35am

World

Foxconn founder says hopes to import BioNTech COVID shots for Taiwan

In a statement, Gou said that his Yonglin Foundation plans to apply for 5 million BioNTech doses made and packaged in Germany to be imported into Taiwan.
The shots would be airlifted from Germany to Taiwan without going via any middleman, he added.

Published 29 May, 2021 06:21pm

Business & Finance

Apple supplier Foxconn Q4 profit misses estimates

The Taiwanese firm reported October-December net profit of T$45.97 billion ($1.61 billion), down 4% compared with the year ago period, the company said in a statement.

Published 30 Mar, 2021 11:35am

Business & Finance

Apple supplier Foxconn teams up with Fisker to make electric vehicles

The deal, codenamed "Project PEAR" (Personal Electric Automotive Revolution), is looking at markets globally, including North America, Europe, China and India, Fisker said.
Foxconn aims to provide components or services to 10% of the world's EVs by 2025 to 2027, Chairman Liu Young-way said in October.

Updated 24 Feb, 2021 09:10pm

Business & Finance

Fisker to collaborate with Foxconn on electric vehicle project, shares jump

As part of the deal, codenamed "Project PEAR" (Personal Electric Automotive Revolution), Foxconn will manufacture the vehicles at projected annual volumes of more than 250,000.
It marks the latest move by Foxconn, a major Apple Inc supplier, into autos. Foxconn has previously signed similar deals with Chinese startup Byton and automaker Fiat Chrysler in January.

Published 24 Feb, 2021 06:42pm

Business & Finance

Apple lobbies for India incentives as it plans iPad assembly

Foxconn will invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles iPhones, Reuters reported previously.

Published 18 Feb, 2021 01:11pm

Business & Finance

Amazon to make devices in India for the first time

MUMBAI: Amazon will begin making Fire TV sticks in India, the US tech giant said Tuesday, its first device...

Updated 17 Feb, 2021 09:34am

Business & Finance

Amazon to make TV streaming device in India

Amazon said hundreds of thousands of Fire TV Sticks would be produced annually, helping it to meet demand from Indian customers.
"Amazon will continuously evaluate scaling capacity to additional marketplaces/cities depending on the domestic demand," the company said.

Published 16 Feb, 2021 05:45pm

Markets

Ford, Google join hands to offer cloud-based data services

The companies will also form a group, Team Upshift, to explore uses of data to develop new retail, create new ownership offers and other services for Ford customers.

Published 02 Feb, 2021 12:14am

Markets

Apple supplier Luxshare shares fall after US patent infringement notice

Last year the company acquired two iPhone assembly plant from Taiwan-based Wistron Corp.

Published 25 Jan, 2021 10:36am

Business & Finance

Foxconn shares rise more than 5.6% after announcing auto partnership with Geely

They will each hold 50% of a venture that will also provide consulting services on electric vehicle (EV) technologies to automakers, the companies said on Wednesday.

Published 14 Jan, 2021 12:19pm

Business & Finance

Geely and Foxconn team up to build cars for other automakers

Foxconn, whose official name is Hon Hai Precision Industry Co Ltd and is best known as a major supplier to Apple Inc , said in October it aimed to provide components or services to 10% of the world's EVs by 2025-2027.

Published 13 Jan, 2021 02:02pm

Business & Finance

Foxconn to shift some Apple production to Vietnam to minimise China risk

Taiwanese manufacturers, wary of being caught up in the tit-for-tat trade war, have moved or are considering moving some production from China to countries such as Vietnam, Mexico and India.

Published 26 Nov, 2020 03:56pm

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Feb 3 Trust Modaraba(TRSM)	2 ▲ 0.50 (33.33%)
Pak Gulf Leasing / Feb 3 Pak-Gulf Leasing Company Limited(PGLC)	6.55 ▲ 1.00 (18.02%)
Samba Bank / Feb 3 Samba Bank Limited(SBL)	7.07 ▲ 0.92 (14.96%)
TPL Trakker Ltd / Feb 3 TPL Trakker Limited(TPLT)	9.90 ▲ 0.90 (10.00%)
Pace (Pak) Ltd. / Feb 3 Pace (Pakistan) Limited(PACE)	2.54 ▲ 0.20 (8.55%)
Trust Sec.& Brok. / Feb 3 Trust Securities & Brokerage Limited(TSBL)	14 ▲ 1.00 (7.69%)
Khyber Tobacco / Feb 3 Khyber Tobacco Company Limited(KHTC)	342.67 ▲ 23.90 (7.50%)
Shahtaj Sugar / Feb 3 Shahtaj Sugar Mills Limited(SHJS)	49.22 ▲ 3.43 (7.49%)
Quetta Textile / Feb 3 Quetta Textile Mills Limited(QUET)	15.52 ▲ 1.08 (7.48%)
Tri-Star Power / Feb 3 Tri-Star Power Limited(TSPL)	12.39 ▲ 0.86 (7.46%)

Stock	Price
Data Textile / Feb 3 Data Textiles Limited(DATM)	7.08 ▲ -1.00 (-12.38%)
Premier Insurance / Feb 3 Premier Insurance Limited(PINL)	6.66 ▲ -0.86 (-11.44%)
IGI Life Ins / Feb 3 IGI Life Insurance Limited(IGIL)	8.91 ▲ -0.95 (-9.63%)
Pak Gen.Ins. / Feb 3 The Pakistan General Insurance Co. Ltd.(PKGI)	4.80 ▲ -0.48 (-9.09%)
KASB Modaraba / Feb 3 KASB Modaraba(KASBM)	1.25 ▲ -0.12 (-8.76%)
786 Invest Ltd / Feb 3 786 Investments Limited(786)	4.60 ▲ -0.44 (-8.73%)
Ruby Tex. / Feb 3 Ruby Textile Mills Limited(RUBY)	3 ▲ -0.27 (-8.26%)
Pakistan Services / Feb 3 Pakistan Services Limited(PSEL)	1792.65 ▲ -145.35 (-7.50%)
Sardar Chemical / Feb 3 Sardar Chemical Industries Limited(SARC)	36.91 ▲ -2.99 (-7.49%)
Siemens Pak. / Feb 3 Siemens (Pakistan) Engineering(SIEM)	544.05 ▲ -43.53 (-7.41%)

Stock	Volume
WorldCall Telecom / Feb 3 Worldcall Telecom Limited(WTL)	20,606,814 ▲ -0.03
Pak Petroleum / Feb 3 Pakistan Petroleum Limited(PPL)	12,289,269 ▲ -0.65
Dewan Motors / Feb 3 Dewan Farooque Motors Limited(DFML)	6,197,500 ▼ 0.10
Hub Power Co. / Feb 3 The Hub Power Company Limited(HUBC)	5,809,062 ▼ 1.39
Ghani Glo Hol / Feb 3 Ghani Global Holdings Limited(GGL)	5,488,518 ▲ -0.06
Oil & Gas Dev. / Feb 3 Oil & Gas Development Company Limited(OGDC)	5,157,941 ▲ -1.12
The Searle Co. / Feb 3 The Searle Company Limited(SEARL)	4,848,886 ▲ -0.87
Engro Corp / Feb 3 Engro Corporation Limited(ENGRO)	3,925,013 ▲ -4.77
TRG Pak Ltd / Feb 3 TRG Pakistan Limited(TRG)	3,694,488 ▼ 0.36
Cnergyico PK / Feb 3 Cnergyico PK Limited(CNERGY)	3,526,114 ▲ -0.10

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 3	277.17
USD PKR Interbank Buying / Feb 3	278.67
USD to Japanese Yen / Feb 3	128.54
USD to Swiss Franc / Feb 3	0.91
Pound Sterling to USD / Feb 3	1.22
Euro to USD / Feb 3	1.09
UK LIBOR % / Feb 2	4.30

Stock	Volume
S&P 500 / Feb 2	4179.76
Nasdaq / Feb 2	12200.82
Dow Jones / Feb 2	34053.94
India Sensex / Feb 3	60208.89
Tokyo Nikkei / Feb 3	27509.46
Hang Seng / Feb 3	21558.22
FTSE 100 / Feb 3	7834.62
Germany DAX 30 / Feb 3	15410.23
France CAC40 / Feb 3	7138.37

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 2	22235
Gold 10 Grams PKR / Feb 2	177641
Crude Oil USD/Barrel / Feb 3	75.68
Gold Spot USD/Ounce / Feb 3	1915.21
Cotton US¢/pound / Feb 3	85.91

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