Foxconn expects 15 percent profit rise
COVID-19 pandemic spin-off
Foxconn said it expects first-quarter revenue to rise more than 15 percent from a year earlier thanks to increased demand for electronics during lockdowns worldwide to curb the COVID-19 pandemic.
Foxconn attacked by ransomware
Tried turning it off and back on again
Apple supplier Foxconn said the internet connection in its facility in Americas has gradually returned to normal after it was attacked by ransomware.
Apple rumoured to have asked Foxconn to leave China
Wants its own personal Vietnam instead
Foxconn is rumoured to be moving some iPad and MacBook assembly to Vietnam from China at the request of Apple.
Foxconn finds use for Trump's white elephant
Will assemble servers for Google
Foxconn plans to assemble key components for Google servers from its plant in Wisconsin, people familiar with the matter said, finally breathing life into a factory Donald Trump hailed as crucial to bringing manufacturing back to the US.
Foxconn worries about Luxshare
How a tiny company is a serious threat to dominance
Foxconn, has set up a task force to fend off the growing clout of Chinese electronics manufacturer Luxshare, which it believes poses a serious threat to its dominance.
Foxconn’s Gen 10.5 LCD factory in Wisconsin does not exist
Trump’s key project came to nothing
A key Foxconn project which Donald Trump claimed credit for has turned out to be complete fiction, according to a report from Wisconsin's Division of Executive Budget and Finance.
Foxconn sees cash in electric vehicles
Will make ten percent of the world's electric parts
Foxconn has said it will provide components or services to ten percent of the world's electric vehicles (EVs) by between 2025 and 2027, and has been in talks with multiple car manufacturers for future cooperation.
Foxconn mulls Mexico
Between Trump and coronavirus we need to protect the supply chain
Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico.
Apple spins carbon neutral aspirations
Need TSMC and Foxconn to get on board.
The fruity cargo cult known as Apple claims that it will be carbon neutral in ten years, but apparently that positive statement is dependent on its suppliers.
Foxconn does better than expected
Profit up 34 percent
Foxconn reported a better than expected quarterly profit as rising telecommuting demand amid the coronavirus pandemic offset slowing smartphone sales.