Hon Hai
- All
- News
- Videos
- Web Stories
-
Foxconn Said to Have Approached Nissan to Take Controlling Stake
Hon Hai Precision Industry Co. has approached Nissan Motor Co. to take a controlling stake, a person with knowledge of the matter said. Foxconn, which has been investing heavily in factories to build electric vehicles, would be interested in the entirety of the maker of Pathfinders, Sentra sedans and GTR supercars.
-
Tamil Nadu Unveils Mega Industrial Housing For 18,000 Foxconn Women Workers
Chief Minister MK Stalin and Foxconn Hon Hai Chief Young Liu unveiled a state-of-the-art industrial housing complex, exclusively for 18,000 women workers of iPhone maker Foxconn, at Sriperumbudur in Kancheepuram district of Tamil Nadu.
-
Apple Supplier Foxconn Expects Quarterly Sales to Fall as iPhone Doubts Grow
Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly sales after a 5.4 percent slide in the last three months of 2023 suggested consumer electronics demand remains muted.
-
iPhone Maker Foxconn Plans Expansion In India With $1.6 Billion Outlay
IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion ($1.6 billion) investment for construction projects.
-
"India Will Be Very Important For Manufacturing In Future": Foxconn Chief
India will be an important country in terms of manufacturing in future, Young Liu, Chairman and CEO of Hon Hai Technology Group (Foxconn) said.
-
Foxconn Signs Rs 1,600 Crore Deal To Set Up Plant In Tamil Nadu
The Tamil Nadu government has signed a deal with tech giant Foxconn's subsidiary Hon Hai Technology Group for a Rs 1,600 crore investment to manufacture mobile phone components in the state.
-
Foxconn Industrial Internet Officials Discuss Investment Opportunities With Tamil Nadu Government
Top officials of Foxconn Industrial Internet (FII), the subsidiary of Taiwan-based Hon Hai Technology Group, popularly known as 'Foxconn' called on Chief Minister M K Stalin and discussed "investment opportunities" in Tamil Nadu, sources said on Wednesday. FII chief executive officer Brand Cheng accompanied by senior company officials discussed the...
-
Foxconn Withdraws From Rs 1.5 Lakh Crore Vedanta Chip Plan In India
Foxconn on Monday said it has decided to pull out of semiconductor joint venture with Indian conglomerate Vedanta, according to a statement.
-
Apple Supplier Foxconn’s Sales Drop 9.5 Percent YoY Due to Low Global Smart Electronics Consumption
Taiwan's Foxconn said on Monday that revenue in May fell 9.5 percent year-on-year due to weakness in smart consumer electronics during the traditional low season. Foxconn, formally called Hon Hai Precision Industry, said revenue last month reached TWD 450.7 billion (roughly Rs. 1,21,300 crore), in line with its expectations, though it was up 5 perc...
-
Apple Supplier Foxconn Says AI Applications Will Drive Demand for Its Server Business
Apple supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
-
iPhone Maker Foxconn Buys Massive Piece of Land in Bengaluru to Diversify Production
Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China. Also known by its official name, Hon Hai Precision Industry, Foxconn is the world's biggest contract electronics manufacturer and a pr...
-
Apple Partner Foxconn to Ramp Up Investment Outside China as Consumer Electronics Demand Dips
Apple supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics.
-
Foxconn India, Padget Electronics Sops Under Production-Linked Incentive Scheme Approved by Government
Foxconn Hon Hai Technology India Mega Development and homegrown firm Padget Electronics will receive incentives from the government under the production-linked incentive (PLI) scheme for the manufacturing of smartphones in India. The government has approved incentives for the foreign and domestic firm, according to a statement from Niti Aayog relea...
-
Foxconn Invests $500 Million in India Unit After Disruptions at China iPhone Factory
Foxconn has invested $500 million (roughly Rs. 4,100 crore) in Foxconn Hon Hai Technology India Mega Development Private Limited, the company said on Thursday. The iPhone assembler's Singapore unit has acquired 4.08 million shares in the India affiliate. It was previously reported that Foxconn plans to boost the workforce at its Tamil Nadu plant to...
-
iPhone November Shipments to See Further Decline at Foxconn's Plant in China
Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelle...
-
Foxconn Said to Have Approached Nissan to Take Controlling Stake
Hon Hai Precision Industry Co. has approached Nissan Motor Co. to take a controlling stake, a person with knowledge of the matter said. Foxconn, which has been investing heavily in factories to build electric vehicles, would be interested in the entirety of the maker of Pathfinders, Sentra sedans and GTR supercars.
-
Tamil Nadu Unveils Mega Industrial Housing For 18,000 Foxconn Women Workers
Chief Minister MK Stalin and Foxconn Hon Hai Chief Young Liu unveiled a state-of-the-art industrial housing complex, exclusively for 18,000 women workers of iPhone maker Foxconn, at Sriperumbudur in Kancheepuram district of Tamil Nadu.
-
Apple Supplier Foxconn Expects Quarterly Sales to Fall as iPhone Doubts Grow
Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly sales after a 5.4 percent slide in the last three months of 2023 suggested consumer electronics demand remains muted.
-
iPhone Maker Foxconn Plans Expansion In India With $1.6 Billion Outlay
IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion ($1.6 billion) investment for construction projects.
-
"India Will Be Very Important For Manufacturing In Future": Foxconn Chief
India will be an important country in terms of manufacturing in future, Young Liu, Chairman and CEO of Hon Hai Technology Group (Foxconn) said.
-
Foxconn Signs Rs 1,600 Crore Deal To Set Up Plant In Tamil Nadu
The Tamil Nadu government has signed a deal with tech giant Foxconn's subsidiary Hon Hai Technology Group for a Rs 1,600 crore investment to manufacture mobile phone components in the state.
-
Foxconn Industrial Internet Officials Discuss Investment Opportunities With Tamil Nadu Government
Top officials of Foxconn Industrial Internet (FII), the subsidiary of Taiwan-based Hon Hai Technology Group, popularly known as 'Foxconn' called on Chief Minister M K Stalin and discussed "investment opportunities" in Tamil Nadu, sources said on Wednesday. FII chief executive officer Brand Cheng accompanied by senior company officials discussed the...
-
Foxconn Withdraws From Rs 1.5 Lakh Crore Vedanta Chip Plan In India
Foxconn on Monday said it has decided to pull out of semiconductor joint venture with Indian conglomerate Vedanta, according to a statement.
-
Apple Supplier Foxconn’s Sales Drop 9.5 Percent YoY Due to Low Global Smart Electronics Consumption
Taiwan's Foxconn said on Monday that revenue in May fell 9.5 percent year-on-year due to weakness in smart consumer electronics during the traditional low season. Foxconn, formally called Hon Hai Precision Industry, said revenue last month reached TWD 450.7 billion (roughly Rs. 1,21,300 crore), in line with its expectations, though it was up 5 perc...
-
Apple Supplier Foxconn Says AI Applications Will Drive Demand for Its Server Business
Apple supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
-
iPhone Maker Foxconn Buys Massive Piece of Land in Bengaluru to Diversify Production
Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China. Also known by its official name, Hon Hai Precision Industry, Foxconn is the world's biggest contract electronics manufacturer and a pr...
-
Apple Partner Foxconn to Ramp Up Investment Outside China as Consumer Electronics Demand Dips
Apple supplier Foxconn on Wednesday said it plans to ramp up investment outside of China and efforts to attract automakers to its contract manufacturing business, as the company reported weaker demand for consumer electronics.
-
Foxconn India, Padget Electronics Sops Under Production-Linked Incentive Scheme Approved by Government
Foxconn Hon Hai Technology India Mega Development and homegrown firm Padget Electronics will receive incentives from the government under the production-linked incentive (PLI) scheme for the manufacturing of smartphones in India. The government has approved incentives for the foreign and domestic firm, according to a statement from Niti Aayog relea...
-
Foxconn Invests $500 Million in India Unit After Disruptions at China iPhone Factory
Foxconn has invested $500 million (roughly Rs. 4,100 crore) in Foxconn Hon Hai Technology India Mega Development Private Limited, the company said on Thursday. The iPhone assembler's Singapore unit has acquired 4.08 million shares in the India affiliate. It was previously reported that Foxconn plans to boost the workforce at its Tamil Nadu plant to...
-
iPhone November Shipments to See Further Decline at Foxconn's Plant in China
Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelle...
