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1 min read
Foxconn infuses ₹1,200 crore in Karnataka unit
With the fresh infusion, Foxconn Singapore has invested over Rs 13,800 crore in the Karnata…
PTI
2 mins read
Foxconn commits to double employment, investments in India
iPhone-maker Apple's supplier Foxconn has committed to doubling employment, investments and busines…
PTI
1 min read
Foxconn withdraws from India's semiconductor JV with Vedanta
Hon Hai Technology Group (Foxconn) has announced it is withdrawing from the semiconductor joint ven…
PTI
3 mins read
Foxconn-Vedanta: How the $19.5 billion deal went kaput
Taiwan's Foxconn and Vedanta's ambitious $19.5bn deal to manufacture semiconductors in India is ove…
3 mins read
China is a stormy place to do business right now after shock exec arrests and Foxconn probes
In the last 48 hours, news emerged that China arrested execs at WPP agency GroupM, and is probing F…
Beatrice Nolan
4 mins read
China's crackdown on Foxconn, one of Apple's biggest suppliers, shows Beijing is willing to sacrifice its economy for political power
China launched tax probes into Foxconn, whose founder is joining Taiwan's presidential race — which…
Huileng Tan
1 min read
Lordstown Motors craters 48% after the company files for bankruptcy and sues Foxconn over failed deal
Lordstown says Foxconn failed to live up to an agreement to invest $170 million in the electric tru…
Filip De Mott
3 mins read
Vedanta-Foxconn semiconductor plant site in Gujarat likely to be finalised in 2 weeks: Official
Vedanta and Foxconn have hired sector experts who are evaluating possible sites for the upcoming pl…
PTI
1 min read
40% of India's mobiles export in 2022-23 are iPhones: India G20 sherpa Amitabh Kant
The incentives for the two companies were worth Rs 357.17 crore and Rs 58.29 crore.
ANI
2 mins read
Apple suppliers are fighting over 160,000 Vietnamese workers as more Chinese competitors set up shop in the Southeast Asian country
Foxconn's chairman said that competitors are setting up campuses near its factory in Vietnam and lu…
Weilun Soon
2 mins read
Apple has enlisted one of Foxconn's biggest rivals to help build iPhones after worker unrest led to production delays, report says
Apple has invested heavily in Chinese manufacturing company Luxshare Precision to produce its premi…
Sawdah Bhaimiya
1 min read
Nokia, Foxconn among global firms to benefit from India's telecom PLI scheme of ₹3,345 crore
"The investment of Rs 3,345 crore in the next 4.5 years is just a beginning. Government is helpi…
PTI
2 mins read
Locally manufactured iPhones dominate the Indian market as Foxconn and Winston increase production
As per Counterpoint Research, the Indian market’s share of domestically manufactured iPhones inc…
1 min read
Semiconductor business not to 'short circuit' Vedanta Resources credit profile: S&P Global Ratings
Any potential credit impact of the planned investments in the semiconductor business will de…
2 mins read
Vedanta slips 9% after it clarifies semiconductor venture to be undertaken by Volcan Investments
Shares of Anil Agarwal-led company slipped as much as 9% today after surging 14% in the last two da…
1 min read
Fisker soars 17% after reaching deal with Foxconn for development of an electric vehicle
"We are rethinking the car in terms of proportions, design and connected user experience," says Fis…
Carla Mozée
3 mins read
Apple suppliers to invest ₹2,800 cr in UP as iPhone maker to move more manufacturing to India
With Apple eyeing to ramp up manufacturing in India amid Covid-related supply chain issues in Ch…
2 mins read
Foxconn, Apple's biggest supplier, is the latest company to be impacted by the global shortage of microchips
Companies around the world - and across many sectors - are grappling with a shortage of the vital e…
Grace Kay
2 mins read
Apple is reportedly moving iPad production out of China for the first time ever because of Trump's trade war
Apple wants to "diversify production following the trade war" between China and the Trump administr…
Reuters,Isobel Asher Hamilton
2 mins read
Samsung, Foxconn and Pegatron among 16 companies to get government nod to boost mobile manufacturing in India
"The international mobile phone manufacturing companies that are approved under mobile phone (…