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Samsung had written to the federal government saying it would not make two of its high-end models in India because of the new tariff.

Expensive phones ahead? India to tax mobile touch panel imports

Wistron, Foxconn also called on the government to reconsider the duties on new components.

07 Feb 2019 10:06 AM

The agreement to set up the centre was signed by Michael Yang, Director of Business Development.

Foxconn to set up industrial Artificial Intelligence R&D centre in Hyderabad

This research and development platform would provide technological services and smart manufacturing solutions to Foxconn Group.

30 Jan 2019 4:36 PM

Pegatron takes care of around 30 per cent of the assembly of Apple’s orders.

Apple looking to manufacture flagship iPhones in India

Reports suggest that Pegatron will expand outside China to three new countries including India.

28 Jan 2019 3:49 PM

The Nikkei report came weeks after Apple cut current-quarter production for new iPhones by 10 percent in the face of slowing demand in China, the world’s largest smartphone market.

50,000 jobs to open up at Foxconn

Last week Foxconn had let go around 50,000 contract workers.

22 Jan 2019 4:34 PM

The revenue performance for December compared to consolidated revenue of T$675.1 billion in December last year, which then represented a 50 percent year-on-year rise.

Foxconn December revenue dips, first time in 10 months

Foxconn said in a stock exchange filing that revenue fell 8.3 percent.

11 Jan 2019 1:13 PM

The investment may create as many as 25,000 jobs.

Foxconn to produce top-end Apple iPhones in India in 2019

The work will take place at Foxconn’s plant in Sriperumbudur town in the southern state of Tamil Nadu.

28 Dec 2018 10:27 AM

Foxconn will be assembling the most expensive models, such as devices in the flagship iPhone X family, potentially taking Apple’s business in India to a new level.

Apple, Foxconn to begin assembling top-end iPhones in India

The work will take place at Foxconn’s plant in Sriperumbudur, Tamil Nadu.

28 Dec 2018 8:59 AM

Foxconn Group and the Hanoi People’s Committee are working together to open an iPhone manufacturing facility in Vietnam to negate the impacts of the US-China trade war.

Apple assembler Foxconn considering iPhone factory in Vietnam

The move would be one of the first significant steps by a major company to secure an additional production base outside China.

05 Dec 2018 12:45 PM

Net profit for the three months ended September was T$ 24.88 billion.

Apple supplier Foxconn posts 18.3 per cent rise in third-quarter profit

This was below a mean estimate of TUSD 28.26 billion from nine analysts, according to I/B/E/S data from Refinitiv.Shares.

14 Nov 2018 10:45 AM

For the quarter ended June, Foxconn reported a net profit of T$17.49 billion ($567.25 million), versus T$17.9 billion a year ago.

Foxconn second-quarter results miss estimates ahead of product launches

Foxconn assembles electronic devices including iPhones for the world’s most valuable technology company.

13 Aug 2018 7:55 PM

Foxconn looking into the complaint made by China Labor Watch.

Foxconn to investigate harsh working conditions at factory for Amazon products

A US watchdog group criticised the harsh working conditions, low wages, poor training and long hours.

12 Jun 2018 7:52 AM

Foxconn to start selling 'smart manufacturing'services

Foxconn claims that their future is a thirty-year plan and not ten-year.

07 Jun 2018 8:13 AM

Handset maker Xiaomi on Monday hosted more than 50 of its global component suppliers here to showcase opportunities in India.

Xiaomi calls on global phone component makers to invest in India

The Chinese firm has six smartphone manufacturing plants in India in partnership with Foxconn and Hipad.

09 Apr 2018 8:05 PM

“The rapid rise of ‘smart home’ products and the near-term projections for the market provide significant additional tailwinds to future growth,” FIT Hon Teng said.

Foxconn to acquire Belkin for $866 million

The move comes as FIT Hon Teng seeks a greater presence in new applications like car camera modules that are used in driverless cars.

27 Mar 2018 7:24 PM

Under the deal unveiled Thursday that the Legislature would have to approve, the state would pay the company up to $200 million a year for 15 years. Gov. Scott Walker's administration described the payment as a tax credit, but because the state already waives all taxes on manufacturing credits in the state, the incentives would be paid as cash rather than a credit against taxes owed.

Foxconn incentives would be paid as cash

The money would not be paid until Foxconn hits investment and job creation targets, and it could be recovered if it lays off workers.

29 Jul 2017 7:41 AM

It's not just jobs that are up for grabs - possibly 5,000 alone at the plant and potentially thousands more at other unspecified US operations the company intends to launch. (Representational image)

Foxconn plans display factory in US

The hunt for Foxconn is fluid and largely secretive, with Rust Belt governors and state officials declining to even confirm their interest.

24 Jul 2017 10:44 AM

Gou said that the Foxconn-led consortium contained no Chinese capital and had the advantage of not inviting as much antitrust scrutiny as other suitors.

Foxconn says Apple, Dell join its bid for Toshiba chip business

The Taiwanese firm is also in discussions with Alphabet Inc's Google, Microsoft Corp and Cisco Systems.

12 Jun 2017 10:03 PM

Taiwan's industry giants include Foxconn and Taiwan Semiconductor Manufacturing Company (TSMC). Full-year GDP growth was revised up 0.13 percentage points to 2.05 percent.

Appetite for iPhone parts spurs Taiwan economic growth

Shipments of electronic components surged 19.24 percent, coming from a low base a year earlier.

26 May 2017 4:17 PM

Taiwan's tech giant Foxconn in January announced a $7 billion investment to make flat panels in the United States in a joint project with Japan's SoftBank.

Apple starting US tech manufacturing fund with $1 billion

The fund is being created to get more manufacturers interested in choosing US as a place to set up factory.

04 May 2017 10:39 AM

Apple to launch two iPhones this year, not three

A Chinese tech blog claims that it has received insider information from the Apple supply chain.

26 Apr 2017 4:16 PM

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Sunil Gatade