Foxconn

Devices Foxconn January 8, 2024

Foxconn warns of continued weak demand

Foxconn forecast revenue in the opening quarter of 2024 to decline year-on-year, following a fall in December 2023 due to slowing demand for cloud, networking and computing products.

By Joseph Waring

Foxconn December 15, 2023

Foxconn targets AR sector with Porotech

Foxconn outlined plans to reshape the AR landscape by partnering with Poro Technologies (Porotech) to develop microLED technology and integrate technology across diverse disciplines.

By Joseph Waring

Foxconn Greater China December 8, 2023

TSMC Q4 recovery stalls

Taiwan Semiconductor Manufacturing Company registered a decline in revenue in November, with sales for the first 11 months down 4.1 per cent year-on-year to TWD2 trillion ($63.8 billion).

By Joseph Waring

Asia Pacific Foxconn November 28, 2023

Foxconn earmarks $1.6B for India expansion

Foxconn confirmed plans to add manufacturing capacity in India with a TWD50 billion ($1.6 billion) investment, following months of speculation about the size and location of its expanded operations.

By Joseph Waring

Foxconn Greater China November 22, 2023

Foxconn China unit fined for minor accounting error

A Foxconn subsidiary in China was the first to be caught up in a tax and land-use probe of its parent's operations in the country, with local tax authorities fining the unit CNY20,000 ($2,009) for a minor accounting issue, Bloomberg reported.

By Joseph Waring

Foxconn Greater China October 25, 2023

China defends Foxconn probe

China’s government played down claims investigations into Taiwan-headquartered Foxconn’s taxes and land use on the mainland were politically motivated, insisting the actions are standard law-enforcement activities, an official told Bloomberg.

By Joseph Waring

AI & Cloud Foxconn October 18, 2023

Foxconn, Nvidia set sights on AI data centres 

Foxconn penned a deal with US chipmaker Nvidia to develop AI data centres based on the latter’s computing infrastructure, powering various use cases in areas including robotics and EVs.

By Hana Anandira