Page 12 - Foxconn

Apple and Foxconn broke a Chinese labour law to build new iPhones

Foxconn said it fired two executives at one of its Chinese plants after another CLW investigation

Govt sees gain in US-China trade war, to woo foreign firms like Apple

Govt ministries asked to submit their policies and incentive structures for Invest India, luring companies affected by US-China dispute.

Foxconn's Q2 net falls 2.5%; US tariffs may pose further challenges

Foxconn is already battling weak global demand for other electronics devices, which has forced it to consider selling its $8.8 billion display panel factory in China

Foxconn eyes sale of $8.8 billion China plant amid trade war woes

A sale would come at a delicate time for Foxconn, which has extensive investments in China, a large roster of US clients that includes Apple Inc, and is having to navigate a tricky path

Apple's India-made iPhones to hit stores next month; price drop likely

Apple's devices are coveted by millions of Indians, but its premium pricing has limited its market share to a meagre 1% to the gain of rivals such as China's OnePlus

HMD Global looks at local components sourcing for Nokia in India

Although its manufacturing partner in India currently is Foxconn, the firm is eyeing new partners to help it set up the local sourcing eco-system

Foxconn Technology to kick off trial production of latest iPhones in India

In the first two months of 2019, Apple shipped about 150,000 devices in India

Move out Apple's China plants to Taiwan, says Foxconn's Terry Gou

The Taiwanese firms that assemble most of the world's electronics are now expanding or exploring plants in Southeast Asia

Foxconn plans management overhaul as Gou sets sights on presidency: Report

The overhaul will mark a major shift in Foxconn's corporate leadership that has seen 68-year-old Gou hold a tight grip on the firm's daily operations and strategic decisions

Foxconn promised thousands of US jobs, but offshored 155 to Mexico

The Taiwan-based electronics maker said in a filing in Indiana in November 2018 that it would lay off 155 workers at a computer factory outside Indianapolis

Terry Gou must name his successor: iPhone maker Foxconn needs another CEO

At present, Gou should be implementing strategies to cope with the downturn and communicating them across his sprawling empire

Foxconn's Liu Young tipped to replace Terry Gou as next chairman: Report

Gou is set to retain a seat on the proposed board at Foxconn, formally known as Hon Hai Precision Industry Co Ltd

Won't continue as chairman of new board, says Foxconn founder Terry Gou

Gou said neither FIT's Lu nor Sharp's Tai will become the next Hon Hai chairman

Meet Terry Gou, Foxconn billionaire founder, running for Taiwan presidency

Gou's ability to pair American demand for gadgets with cheap Asian labor went into overdrive with the opening up of China

Foxconn to set up advanced industrial AI research center in Hyderabad

The proposed research center will provide technological services and smart manufacturing solutions to Foxconn

Despite cooling iPhone demand, Foxconn sees brisk business till January

Bloomberg News reported Thursday that an internal Foxconn memo characterized 2019 to be a "very difficult and competitive" year

Apple iPhone supplier Foxconn plans cost cuts in 'difficult year'

Foxconn's moves are likely to add to the gloom enveloping Apple and suppliers for the iPhone, the American company's most important product.

Foxconn revives Odisha plan for mobile manufacturing after two-year gap

Back in June 2016, Foxconn was eyeing a coastal site in the state to make cellular handsets. The plan did not take off as company officials did not engage with state govt

Foxconn chairman Terry Gou sees biggest challenge in US-China trade war

Foxconn, which is China's largest private employer and has about a million on its payroll, is sensitive to any escalation in the trade dispute that impacts

Foxconn's unit targets raising $4.3 billion in biggest China IPO since 2015

At about $43 billion, the unit's valuation would not be far behind parent company Foxconn's market capitalisation of about $49 billion