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Will Foxconn Follow Through With Wisconsin Factory?
Tuesday, February 5, 2019 - 1:45pm | 625Read More...Foxconn Technology Group created more uncertainty for its suppliers on Friday when it announced that it's recommitting to building a liquid crystal display monitor (LCD) factory in Mount Pleasant, Wisconsin, according to the Wall Street Journal. Hon Hai Precision Industry Co., Ltd.,...
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Foxconn Spin-Off JUSDA Raises $356 Million To Provide Visibility In B2B Supply Chains
Friday, February 1, 2019 - 12:25pm | 818Read More...JUSDA, a supply chain platform that spun off Foxconn Technology Group, has raised $356 million in its Series A round – the largest private fundraising deal to happen in China this year. JUSDA works on business-to-business (B2B) supply chains, managing the movement of components to the...
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Will an iPhone Manufacturing Shift Delay Apple's iPhone 5S?
Tuesday, May 7, 2013 - 9:41am | 465Read More...Foxconn Electronics wants to make a massive iPhone manufacturing shift in order to streamline operations and reduce the losses incurred by one of its divisions. According to DigiTimes, Foxconn wants to move iPhone orders from Foxconn Electronics to Foxconn International Holdings, which typically...
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Foxconn Reports Worse Than Expected Results (AAPL)
Thursday, March 31, 2011 - 10:23am | 745Read More...Foxconn International Holdings, which is a main component supplier of Apple (NASDAQ: AAPL) products, reported a worse than expected loss in 2010. The company posted a $218.3 million net loss for 2010, which came in worse than analysts' esimates. Analysts had expected a loss of $202 million. The...
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Supplier Of Nokia And Motorola Expects Earnings Drop
Tuesday, January 26, 2010 - 12:21am | 124Read More...Shares of Foxconn International Holdings Ltd. dropped 6.8% Tuesday morning in Hong Kong after the company announced that it expected a major drop in 2009 earnings. Foxconn makes handsets for clients like Nokia Corp. (NYSE: NOK) and Motorola Inc. (NYSE: MOT). The company said that "while there have...
