Two sources including a government source confirmed to PTI on Monday that Foxconn has decided to extend the closure of the unit by a day or two
The factory, near Chennai, which employs some 17k people, had been due to resume some operations on Monday but is now expected to restart production with 1,000 workers on Thursday, says a TN official
The plant is expected to start production with 1,000 workers on Dec. 30, according to the person close to the matter who was not authorised to speak with media and declined to be identified
The comments from the government come in the wake of employees resorting to a protest last week as food poisoning hit over 100 of them after they ate at a facility allegedly run by Foxconn
Foxconn's Bharat FIH is India's largest EMS provider to the mobile phone industry, with a 23 per cent market share in FY 2021
Bharat FIH is an electronic manufacturing services provider in India and had a 15% market revenue share in financial year 2021, according to the prospectus.
Apple supplier Foxconn's plant near Chennai in southern India will remain shut this week following protests, government sources told Reuters on Tuesday
It was not immediately clear if production was disrupted by the protests sparked by last week's food poisoning incident that led to 150 employees being admitted to hospital
Foxconn has reportedly 5,000-7,000 workers in the unit
Police detained scores of people for blocking highways in a protest against food poisoning incident at a Foxconn India unit, which makes iPhones for Apple Inc, a police official said
Foxconn said it expected revenue from its key smartphone business to slide more than 15% in the quarter ending December
Apple's largest manufacturing partner Foxconn is moving ahead with a plan to acquire a Lordstown Motors vehicle assembly plant in Ohio for $230 million, the companies have announced
Foxconn Chairman Liu's comments come after Foxconn unveiled its first three electric vehicle prototypes earlier this week
Foxconn is the largest assembler of iPhones, giving it an edge as a potential carmaker partner for Apple as the U.S. company weighs expanding into vehicles
The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model. Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. He said the clients can modify their appearance and features for their markets. Foxconn, also known as Hon Hai Precision Industry Co., enters a crowded global market with electrics being offered by almost every established automaker and dozens of ambitious startups. The flagship Model E sedan, developed with Italian design house Pininfarina, is due to be launched in 2023, the company said. It said the Model E will seat five and have a range of 750 kilometres on one charge. Liu mentioned automakers Fisker Inc. and Taiwan's Yulong Group as clients. The newspaper Taiwan News said last week other potential customers include Stellantis, the automaker formed by
Apple supplier and the world's biggest contract electronics manufacturer Foxconn, the world's largest contract electronics producer is reportedly planning to unveil its first electric vehicle
The DoT notified the PLI scheme for telecom and networking products on February 24 with a financial outlay of Rs 12,195 crore, over the five years
Electronic manufacturing services firm Foxconn's subsidiary Bharat FIH, formerly known as Rising Stars Mobile India, has opened a research and development centre at the IIT Madras Research Park in Chennai, the company said on Tuesday. It will be among the first R&D centres in India to design end-to-end 5G devices and will offer end-to-end services to customers, including product design, tooling and moulding, global sourcing and manufacturing services for smartphones and other products and services in the electronics segment. Bharat FIH makes devices for Xiaomi and Nokia. Bharat FIH Country Head and Managing Director Josh Foulger said there is a clear market need for innovative technologies and products with quick turnaround times in the ever-changing electronics segment. "Our India R&D will capitalise on our manufacturing strengths and collaborate with our global teams under the Foxconn Technology Group in product design, cost optimisation, customer experience, sourcing, ...
For the Taiwanese company, demand for smartphones has been the main driver of record high net profit and revenue in the first half of the year, Chief Financial Officer David Huang said
Taiwan's Foxconn reported a better-than expected quarterly profit on Thursday due to strong demand for technology products from clients, such as Apple Inc