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Category Foxconn

Foxconn sees over 11% year-on-year rise in Q3 revenue to $67.8 billion, driven by strong AI infrastructure demand

Foxconn sees over 11% year-on-year rise in Q3 revenue to $67.8 billion, driven by strong AI infrastructure demand

The rise in demand for AI infrastructure is fueling the growth of companies involved in the AI supply chain, and the Taiwanese electronics giant Fo...
Microsoft plans to invest $4 billion in building a second AI data center in Wisconsin

Microsoft plans to invest $4 billion in building a second AI data center in Wisconsin

Microsoft will invest $4 billion to build a second AI data center in Wisconsin, bringing its total investment in the region to over $7 billion.
India insists no disruptions to Foxconn as Chinese engineers return home

India insists no disruptions to Foxconn as Chinese engineers return home

A top government official has revealed that India does not expect major service interruption at Foxconn after the company ordered its Chinese emplo...
Hon Hai maintains sales revenue on strong Nvidia AI server demand

Hon Hai maintains sales revenue on strong Nvidia AI server demand

Hon Hai’s August sales hit NT$606.5 billion, or around $19.8 billion, showing a 10.6% increase from last year. The company said its AI server busin...
Foxconn pulled 300 Chinese engineers from its Yuzhan factory in India without public explanation

Foxconn pulled 300 Chinese engineers from its Yuzhan factory in India without public explanation

Apple’s expansion into India just got slapped in the face. Foxconn, the assembly giant Apple depends on, recalled around 300 Chinese engineers from...