Hon Hai Precision
- All
- News
-
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.
-
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.
-
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.
-
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 Increases Wages, Gives Workers Bonuses to Staff to Quell Discontent Over COVID Curbs: Report
Foxconn has reportedly increased wages for workers at its Zhengzhou plant in central China, as part of the Apple supplier's attempts to cut down on employee discontent over the government's COVID restrictions. Meanwhile, staff who have attended work as normal since October 19 and complied with virus prevention measures are also being given a daily ...
-
Apple Suppliers to Reportedly Produce MacBook, Watch in Vietnam For the First Time
Apple suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple's Chinese suppliers Luxshare Precision Industry and iPhone assembler Foxconn have started test production of Apple Watch and MacBook in Northern Vietnam, the report added. ​
-
iPhone Production Won’t See a Big Impact From COVID-19 Lockdown in China's Shenzhen, Say Analysts
iPhone production won’t be hugely impacted with the lockdown in China’s Shenzhen due to COVID-19 outbreak, JP Morgan analysts have said. Foxconn has shut down its Shenzhen operations till further notice.
-
Apple Supplier Foxconn's Sales Down 7.7 Percent in March Amid Coronavirus Outbreak
Sales at Taiwan's Hon Hai Precision Industry, a key supplier of Apple’s products known by its trade name Foxconn, were down by 7.7 percent in March.
-
Government's Plan To Pull In 324 Companies Including Tesla, Glaxo: Report
The government is planning to offer 324 companies including Tesla Inc. and GlaxoSmithKline Plc incentives to set up factories in India in a bid to capitalize from the trade war between China and the US., according to a document seen by Bloomberg.
-
Army of Women Earning $4 a Day Could Be Behind Your Next iPhone
Foxconn, also known as Hon Hai Precision Industry Co., opened its first India factory four years ago.
-
Apple's Asia Suppliers Fall on Report It Cancelled Production Boost for iPhone XR
Taiwanese assembler Pegatron fell nearly 4 percent and rival Hon Hai Precision Industry Co Ltd (Foxconn) fell 2.5 percent.
-
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.
-
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.
-
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.
-
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 Increases Wages, Gives Workers Bonuses to Staff to Quell Discontent Over COVID Curbs: Report
Foxconn has reportedly increased wages for workers at its Zhengzhou plant in central China, as part of the Apple supplier's attempts to cut down on employee discontent over the government's COVID restrictions. Meanwhile, staff who have attended work as normal since October 19 and complied with virus prevention measures are also being given a daily ...
-
Apple Suppliers to Reportedly Produce MacBook, Watch in Vietnam For the First Time
Apple suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple's Chinese suppliers Luxshare Precision Industry and iPhone assembler Foxconn have started test production of Apple Watch and MacBook in Northern Vietnam, the report added. ​
-
iPhone Production Won’t See a Big Impact From COVID-19 Lockdown in China's Shenzhen, Say Analysts
iPhone production won’t be hugely impacted with the lockdown in China’s Shenzhen due to COVID-19 outbreak, JP Morgan analysts have said. Foxconn has shut down its Shenzhen operations till further notice.
-
Apple Supplier Foxconn's Sales Down 7.7 Percent in March Amid Coronavirus Outbreak
Sales at Taiwan's Hon Hai Precision Industry, a key supplier of Apple’s products known by its trade name Foxconn, were down by 7.7 percent in March.
-
Government's Plan To Pull In 324 Companies Including Tesla, Glaxo: Report
The government is planning to offer 324 companies including Tesla Inc. and GlaxoSmithKline Plc incentives to set up factories in India in a bid to capitalize from the trade war between China and the US., according to a document seen by Bloomberg.
-
Army of Women Earning $4 a Day Could Be Behind Your Next iPhone
Foxconn, also known as Hon Hai Precision Industry Co., opened its first India factory four years ago.
-
Apple's Asia Suppliers Fall on Report It Cancelled Production Boost for iPhone XR
Taiwanese assembler Pegatron fell nearly 4 percent and rival Hon Hai Precision Industry Co Ltd (Foxconn) fell 2.5 percent.
