Page 2 - Foxconn

K'taka govt upset as Foxconn denies binding agreement for investment

The ministry is tight lipped over the development and has not given any official reaction yet. "Officials have been directed not to give any statement to media," sources added

Foxconn seeks cooperation with India in new areas like EVs, chips

Major Apple Inc supplier Foxconn said on Saturday it was seeking cooperation in India in new areas like chips and electric vehicles (EVs) after a visit to the country by its chairman, Liu Young-way

Big shift from China: Foxconn commits $700 mn for new plant in Karnataka

The company has hired the highest number of blue collared workers amongst Apple's three vendors

iPhone maker Foxconn plans $700 million India plant in shift from China

The investment is one of Foxconn's biggest single outlays to date in India and underscores how China's at risk of losing its status as the world's largest producer of consumer electronics

Foxconn to set up electronics manufacturing facility in Telangana

Electronics major Foxconn will set up a manufacturing facility in Telangana with employment generation potential for over one lakh people.

PM Modi meets Foxconn Chairman Young Liu, discusses various issues

Prime Minister Narendra Modi on Tuesday met Young Liu, chairman of Hon Hai Technology Group (Foxconn)

Foxconn chairman to visit Covid-hit iPhone plant in China: Report

Liu is scheduled to meet with senior government officials including Lou Yangsheng, the Communist Party chief of Henan province where Zhengzhou is located, the source said

Centre wants work on at least one semiconductor facility to start in 2023

So far, the Centre has received three applications for chip manufacturing in India

Vedanta-Foxconn selects Dholera SIR for 1st semiconductor facility in India

A joint venture of Indian conglomerate Vedanta and electronics manufacturing giant Foxconn has finalised the Dholera Special Investment Region near Ahmedabad city of Gujarat for setting up their semiconductor and display manufacturing facility, a senior state government official said on Monday. In the biggest ever corporate investment in the history of independent India, a joint venture of Vedanta and Foxconn in September last year signed a Memorandum of Understanding (MoU) with the Gujarat government to invest Rs 1,54,000 crore to set up the plant in the state. This will be the first manufacturing facility for semiconductors in India. At that time, the joint venture company had not disclosed the exact location of the facility. "After a detailed site analysis in consultation with Gujarat government authorities, the joint venture entity of Vedanta and Foxconn has selected Dholera SIR for setting up their semiconductor and display manufacturing facility. The project is in the advanced

Foxconn secures new manufacturing site in Vietnam after turmoil in China

Apple's biggest supplier Foxconn has secured a new site in Vietnam, as the Taiwanese giant shifts production away from China after facing major supply-chain disruptions

India in talks with 4 semiconductor companies to set up fabs here: Report

Among the companies that have shown interest are New York-based GlobalFoundries and a 'major' Korean semiconductor firm

Karnataka discusses investment plans with Apple supplier Foxconn's chairman

A high-level delegation from the government of Karnataka on Wednesday met Hon Hai Technology Group (Foxconn) chairman Young Liu at the company headquarters in Taiwan, and held discussions about investment plans in the Indian State. The delegation consisted of Gunjan Krishna, Commissioner for Industrial Development and Director of Industries and Commerce, and Kedarnath Mudda, Senior Advisor to Basavaraj Bommai, Chief Minister of Karnataka. Foxconn's spokesman James Wu, Chief Investment Officer James Tu, and some more executives were also present on the occasion, an official release said. "Foxconn's potential investment in Karnataka will be a testament to the State's industrial landscape. We are working towards building the best electronics and manufacturing ecosystems, which will attract further investments in the sector. We welcome Foxconn to Karnataka and wish them best of luck," Bommai said. Foxconn is said to be the world's largest electronics manufacturer, with a total revenue

Vedanta picks David Reed as CEO of its Gujarat semiconductor business

Reed began his career at Texas Instruments in 1984, where he served for 26 years

China's smartphone sales plunge to lowest in a decade, says report

In 2022, Vivo retained top spot with a 19.2% market share in China, followed by Apple at 18% and Oppo at 17.5%

Apple looking to manufacture 25% of iPhones in India: Piyush Goyal

Apple's iPhone is now being Made in India and the biggest plant is being set up in Bengaluru. The company gets iPhones manufactured by Foxconn, Wistron and Pegatron in India

Apple first company to export phones worth $1 bn in a month from India

Apple overtook Samsung to become the highest exporter from India

Foxconn replaces chief of iPhone assembly business after tumultuous year

Michael Chiang was first identified in his new role at Taiwan-based Foxconn's annual year-end party on Sunday, succeeding longtime leader Wang Charng-yang

Nvidia, Foxconn join hands to build automated EV platforms at CES 2023

Under the agreement, Foxconn will be a tier-one manufacturer, producing electronic control units (ECUs) based on Nvidia DRIVE Orin for the global automotive market

Foxconn's Zhengzhou plant back at 90% capacity after Covid turmoil subsides

Foxconn's plant in the central Chinese city of Zhengzhou is now operating with roughly 200,000 staff

iPhone supplier Foxconn's China factory to offers $718 subsidy to workers

Apple iPhone maker Foxconn is offering a $718 subsidy to employees with an aim to retain workers at its main China factory that was affected by Covid-related protests.