foxconn

Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:HNHPF), widely known as Foxconn and a major Apple Inc. supplier, is set to expand its presence in Vietnam with an $80 million investment through its subsidiary, Shunsin. What Happened: According to a document from Vietnam...

Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:HNHPF) the company, which is popularly called Foxconn is gearing up to construct the largest manufacturing facility for Nvidia Corp.’s (NASDAQ:NVDA) GB200 chip. What Happened: This initiative is aimed at meeting the...

Taiwanese contract manufacturer Hon Hai Precision Industry Co. Ltd. (OTC:HNHPF), a supplier to tech companies such as Apple, Inc. (NASDAQ:AAPL) reported record June quarter revenue and earnings that exceeded estimates, thanks to strong artificial intelligence server revenue. The company, which is...

Taiwan's Hon Hai Precision (OTC:HNHPF) operating as Foxconn Technology Group has reported a significant increase in its first-quarter net profit, despite a decline in revenue attributed to weakened consumer electronics demand. What Happened: The Taiwan-based contract manufacturer, known...

Apple Inc.'s (NASDAQ:AAPL) largest iPhone manufacturer, Hon Hai Precision Industry Co. (OTC:HNHPF), also known as Foxconn, has seen its shares soar to an all-time high in Taiwan after reporting its best April revenue. What Happened: The Taiwanese company, responsible for manufacturing the majority...

Foxconn (OTC:HNHPF) a key supplier for Apple Inc. (NASDAQ:AAPL), saw a 9% decline in its first-quarter revenue for 2024. What Happened: The company’s first-quarter revenue totaled 1.32 trillion NT$ ($41.2 billion), CNBC reported on Friday. This figure represents a 9.6% drop from the same...

Apple Inc. (NASDAQ:AAPL) supplier Taiwan’s Hon Hai Precision Industry Co Ltd (OTC:HNHPF), operating as Foxconn, is looking to capitalize on the AI server market through a strategic partnership with Nvidia Corp. (NASDAQ:NVDA), according to a prominent analyst. What...

Taiwan’s major opposition parties are vying for power, aiming to unseat the ruling Democratic Progressive Party (DPP) in the upcoming 2024 elections. This political shakeup comes as billionaire and Apple supplier Foxconn’s founder drops out of the presidential race. What...

In a surprising development, Foxconn (OTC:FXCOF) founder Terry Gou has withdrawn his candidacy from the Taiwan presidential race due to a division among opposition parties. What Happened: Reuters reported that Taiwan’s opposition parties, which advocate for closer ties with China, registered...

Taiwanese electronics powerhouse Foxconn, known officially as Hon Hai Precision Industry Co. (OTCPK: HNHPF), has reportedly launched two prototype low-Earth orbit (LEO) satellites into space. Foxconn, a major supplier for Apple Inc. (NASDAQ:AAPL), is primarily known for being the world’s...

Foxconn Technology Group (OTC:HNHPF), a major supplier for Apple Inc. (NASDAQ:AAPL), is under investigation by Chinese authorities over tax and land use, according to the company’s statement. The company’s founder, Terry Gou, is currently running for the presidency of Taiwan. China's...

In a surprising twist, Foxconn Technology Group has reportedly been offering its workers at the Huawei Technologies handset production unit higher wages than their counterparts in iPhone manufacturing, according to the South China Morning Post. What Happened The report states that...

Apple Inc. (NASDAQ: AAPL) supplier, Foxconn, is planning to double its workforce and investment in India by next year, according to a company executive. As per Reuters, the announcement was made on Sunday by Foxconn's representative in India, V Lee. The Taiwan-based firm, the largest contract...

Terry Gou, the billionaire mastermind behind Hon Hai Precision Industry (OTC:HNHPF), also known as Foxconn, has thrown his hat into the ring for the Taiwanese presidency. He promises to restore relations with China and give the island nation’s economy a boost. What Happened: Gou, on Monday,...

This story was first published on the Benzinga India portal. Apple Inc (NASDAQ: AAPL) is keen on ramping up its domestic component production in India. This revelation came to light during a recent tête-à-tête between Apple’s top brass and India’s finance...