foxconn

A shortage of computer chips is causing automakers to scale back production and raising questions over supplies to other sectors such as consumer electronics. Here's the latest: "Manufacturers are doing what they should," said Taiwan Economy Minister Wang Mei-hua, as reported by...

Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd.-ADR (OTC: HNHPF), widely known as Foxconn, has announced a high-profile appointment for its newly created open electric vehicle platform. What Happened: Foxconn has appointed Jack Cheng, co-founder of Chinese EV start-up Nio...

Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd.-ADR (OTC: HNHPF), popularly known as Foxconn, and Geely Automobile Holdings Ltd. (Pink: GELYF) announced Wednesday a cooperative agreement to set up a 50-50 joint venture to provide OEM production and comprehensive,...

In what could be a leading indicator for Apple Inc's (NASDAQ: AAPL) performance in the holiday quarter, its Taiwanese contract manufacturer Hon Hai Precision Industry Co., Ltd.-ADR (OTC: HNHPF) reported strong results for the three months ended December 2020. What Happened: Revenue for...

Taiwan’s Hon Hai Precision Industry Co, Ltd (OTC: HNHPF), also known as Foxconn, has entered into a strategic partnership with Chinese electric vehicle startup Byton, the latter announced Monday. What Happened: Foxconn, a supplier to Apple Inc (NASDAQ: AAPL), signed the cooperation framework...

Foxconn, also known as Hon Hai Precision Industry Co, Ltd (OTC: HNHPF), has finished making the first batch of display screens in Vietnam, something it had not done at its factory in Wisconsin as of last month. What Happened: The Apple Inc (NASDAQ: AAPL) supplier churned out the screens from...

Foxconn, formally known as Hon Hai Precision Industry Co., Ltd (OTC: HNHPF), reported a flat third-quarter profit. What Happened: The Apple Inc (NASDAQ: APPL)-supplier raked in $1.08 billion (NTD 30.8 billion) in the quarter ended September, Reuters reported Thursday (Taipei Time). The...

Apple Inc (NASDAQ: AAPL) supplier Foxconn, formally known as Hon Hai Precision Industry Co, Ltd (OTC: HNHPF), has plans to supply components or services for at least 10% of the world’s electric vehicles, the company’s chairman, Liu Young-way, told Reuters on Friday.  What...

Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co, Ltd (OTC: HNHPF), better known as Foxconn, failed to secure state tax credits at its Wisconsin facility for 2019 as it was unable to reach the slated job creation targets, Reuters reported Monday. What Happened:...

Hon Hai Precision Industry Co Ltd  (OTC: HNHPF), better known as Foxconn, posted a net profit of $778.54 million for the second quarter ended June — beating analyst estimates, Reuters reported Wednesday. Work From Home Led To Profits: The Taiwanese tech manufacturer reported a net...

Apple Inc (NASDAQ: AAPL) is planning to turn carbon neutral across the entire spectrum of its business, manufacturing supply chain, and product life cycle by 2030, it announced Tuesday. What Happened The Tim Cook-led company says it's already carbon neutral for its corporate operations...

Apple Inc. (NASDAQ: AAPL) has advised aggressive Chinese technology firm, Luxshare Precision Industry Co Ltd., to make an investment in a Taiwanese metal casing provider, in order to become a rival to Apple’s longtime supplier, Foxconn. What Happened Luxshare has been in...

Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Co. Ltd. (OTC: HNHPF) is planning to make ventilators at its Wisconsin manufacturing plant, the company confirmed Wednesday, as reported by Fortune. What Happened Foxconn, as the company is better known, has partnered with medical device company...

Apple Inc's (NASDAQ: AAPL) largest supplier, Foxconn Technology Group, saw its net profit fall 23.7% in the fourth quarter before the coronavirus pandemic spread, The Wall Street Journal reported Monday.  Foxconn, formally Hon Hai Precision Industry Co., is based in Taiwan....

Taiwanese consumer electronics manufacturer Hon Hai Precision Co. Ltd. (OTC: HNHPF) expects its production in China to return to a regular pace by the end of March, Chairman Young-Way Liu said in an investors call Tuesday, according to a Nikkei Asian Review report. The Coronavirus Impact On Foxconn...