Taiwan’s Foxconn says building world’s largest ‘superchip’ plant TAIPEI: Taiwanese tech giant Foxconn said Tuesday it was building the world’s largest production facility for US... Published 08 Oct, 2024 11:46am
World Foxconn hiring: Modi’s govt urges Indian state to look into Reuters report BENGALURU: Indian Prime Minister Narendra Modi’s government on Wednesday said it has asked the Tamil Nadu state to... Published 27 Jun, 2024 06:52am
Technology Foxconn’s Q1 profit to jump from low base, AI to power growth TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, is expected to report on Tuesday that... Published 10 May, 2024 01:24pm
Markets Foxconn shares surge 9.5% after Q4 profit beats market estimates TAIPEI: Shares of Apple supplier Foxconn rose as much as 9.5% early on Friday to their highest in three years, a day... Published 15 Mar, 2024 11:02am
Technology Foxconn cancels first shift on Tuesday at Indian iPhone facility after extreme weather BENGALURU: Taiwan’s Foxconn has cancelled the first shift on Tuesday at its Indian facility that makes Apple iPhones... Published 05 Dec, 2023 10:59am
World India approves $360m in investments in IT hardware sector MUMBAI: The Indian government has approved investments worth 30 billion Indian rupees ($360.4 million) in the IT... Published 19 Nov, 2023 03:14am
Technology Foxconn faces tax audit, land use probe BEIJING: Foxconn Technology Group , Apple Inc’s largest supplier of iPhones, has been subjected to tax audits at... Published 22 Oct, 2023 11:31am
Technology Tech giants Foxconn, Nvidia announce they are building ‘AI factories’ TAIPEI: Taiwanese tech giant Foxconn and US hardware leader Nvidia said Wednesday they would team up to create “AI... Published 18 Oct, 2023 11:45am
Business & Finance Foxconn boss sees potential to invest billions in India TAIPEI: Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees the potential to invest “several... Published 15 Aug, 2023 06:30am
Technology Apple supplier Foxconn’s Q2 profit slips 1%, beats forecasts Apple Inc supplier Foxconn reported on Monday a 1% drop in second-quarter net profit, as global economic woes hurt... Published 14 Aug, 2023 12:55pm
Business & Finance Foxconn plans $500m component factories in India BENGALURU: Apple’s main supplier, Foxconn Technology Group, is planning to invest close to $500 million to build... Published 07 Aug, 2023 06:34am
Business & Finance Foxconn’s July sales drop 1.23% y/y, Q3 outlook better TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker and a major supplier for Apple, said on... Published 05 Aug, 2023 02:53pm
Technology Foxconn to invest $600mn in India to make iPhone components, chipmaking equipment BENGALURU: Taiwan’s Foxconn will invest $600 million in two projects in Karnataka state in southern India to make... Published 02 Aug, 2023 03:30pm
Markets Foxconn unit to sign $194mn components plant deal with India’s Tamil Nadu CHENNAI: A Foxconn unit will on Monday sign an agreement with India’s Tamil Nadu state to build a new facility for... Published 31 Jul, 2023 11:39am
Business & Finance India’s Gujarat in talks with Foxconn for its semiconductor plant AHMEDABAD: India’s Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official... Published 12 Jul, 2023 05:45pm
Technology Foxconn eyes India chipmaking incentives after quitting $19.5bn JV TAIPEI/NEW DELHI: Taiwan’s Foxconn said on Tuesday it plans to apply for incentives that India is offering under its... Published 11 Jul, 2023 01:53pm
Business & Finance Foxconn dumps $19.5bn Vedanta chip plan in blow to India TAIPEI/BENGALURU: Taiwan’s Foxconn said on Monday it has withdrawn from a $19.5 billion semiconductor joint venture... Published 10 Jul, 2023 05:02pm
Technology Foxconn to invest $246mn in 2 projects in northern Vietnam HANOI: The world’s largest contract electronics maker and assembler, Foxconn, has received approval from Vietnam to... Published 30 Jun, 2023 10:27am
Business & Finance Foxconn predicts huge growth in AI server business TAIPEI: Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial... Published 05 Jun, 2023 03:27am
Technology Modi’s chip making plan flounders as firms struggle to find tech partners NEW DELHI/OAKLAND: Big companies including a Foxconn joint venture that bid for India’s $10 billion semiconductor... Published 01 Jun, 2023 12:39pm
Technology Foxconn sees AI driving strong server demand, but full year to be flat TAIPEI: Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive... Published 31 May, 2023 02:41pm
Business & Finance iPhone maker Foxconn’s profits slump 56pc in Q1 TAIPEI: Profits for Taiwanese tech giant and key Apple supplier Foxconn fell 56 percent in the first quarter, it... Published 15 May, 2023 06:41am
Business & Finance iPhone maker Foxconn buys huge site in India tech hub BENGALURU: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub... Published 09 May, 2023 05:18pm
Technology Apple craze draws long queues at opening of first India store MUMBAI: About 200 Apple fans hoping to be among the lucky few to enter the tech giant’s first retail store in India... Updated 18 Apr, 2023 03:47pm
Technology Apple supplier Foxconn wins AirPod order, plans $200mn factory in India TAIPEI: Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a... Published 16 Mar, 2023 01:55pm
Technology Apple supplier Foxconn warns on consumer electronics demand as Q4 profit dips TAIPEI: Apple Inc supplier Foxconn said on Wednesday it expected smart consumer electronics demand would decline... Published 15 Mar, 2023 01:51pm
Business & Finance Taiwan’s Foxconn seeks chip, EV cooperation with India TAIPEI: Major Apple Inc supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like... Published 04 Mar, 2023 10:36am
Business & Finance Foxconn plans new India iPhone plant in shift away from China BENGALURU: Apple will manufacture iPhones at a new plant in India, officials said Friday, as the US tech giant seeks... Published 03 Mar, 2023 07:02pm
Technology 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
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer