The biggest iPhone making plant owned by the biggest iPhone making company Foxconn in China is located in Zhengzhou, and it's been the scene of unrest all this week. Latent worker unhappiness...
Earlier today, Foxconn and Vedanta Resources signed a memorandum of understanding (MoU) with the Indian state Gujarat for the construction of semiconductor and display production plants. The...
In an official statement at its annual shareholder meeting, Foxconn confirmed it’s expecting stability to improve in the supply chains in the second half of 2022. Foxconn chairman Young Liu stated...
Foxconn may be looking to invest $1 billion in an existing factory in India, sources cited by Reuters state. The expansion of the plant near Sriperumbudur will take three years to complete and will...
Foxconn's quarterly profit has hit a two-decade low in Q1 this year as the company was forced to cease operations in China amidst the coronavirus pandemic and demand from key customers such as Apple...
Foxconn founder Terry Gou has addressed media, saying that the reopening of Foxconn factories is going well and that production has exceeded expectations, although he didn't specify what those...
The coronavirus outbreak is causing mass disruptions throughout China, and has indirectly affected supply chains of major tech companies. It has even prompted some major companies to skip out on MWC...
The coronavirus outbreak in China’s Hubei province is forcing Foxconn to keep its factories shut until February 10 according to new reports. This could potentially have heavy consequences for the...
Foxconn will step back from a memorandum of understanding with the Indian government after failing to secure a deal for the land for the eventual plants. According to Subhash Desai, Minister of...
Foxconn has cut some 50,000 contract workers from its workforce since October. The number is not unusual compared to previous years, but the timing is different as the contractors were let go much...
Apple wants to switch from Taiwanese to Chinese suppliers to optimize expenses, but until that happens, the companies from the small island will keep posting impressive revenue. Such is the case with...
In a report spanning a nine month investigation, Amazon has been accused of a few wrongdoings concerning assembly workers. The report has found that workers in a Foxconn-owned factory that...
Taiwan-based manufacturer Foxconn, most popular for manufacturing the Apple iPhone plans to build a 20-million sq.ft facility in Wisconsin for LCD panel development. The investment will cost around...
The court battle continues for Qualcomm. Now Taiwanese companies Foxconn, Compal, Pegatron, and Wistron are planning to file a lawsuit against the San Diego company in the federal district court. The...
Google announced PAX today - an Android networked cross-license agreement, signed between the Alphabet company and major Android phone manufacturers to exchange patents freely for Android and Google...
The Japanese company Sharp that is well-known for making TVs and displays is currently one of the main LCD suppliers of Apple. Previously there were reports that Samsung will supply Apple with OLED...
Foxconn, one of the world’s largest manufacturers of electronics, including Apple’s biggest money maker: the iPhone, has effectively replaced 60,000 human workers with automated robots who perform...
Just over a month after there were reports that Foxconn is in talks to acquire Sharp, the deal has been sealed for a total of JPY 700 billion ($6.2 billion), according to Japanese financial newspaper...
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