Foxconn invests in AutoCore.ai
Foxconn Electronics and others have jointly invested about CNY100 million (US$15.5 million) in AutoCore.ai, which is devoted to autonomous driving development, in pre-Series A funding round, according to Foxconn......»»
Foxconn founder Terry Gou withdraws Taiwanese presidential bid, to likely relief of Apple
Foxconn founder Terry Gou has withdrawn his bid to become the next president of Taiwan, issuing a somewhat opaque statement which included the phrase “stop, reset, restart.” Whatever Gou’s exact meaning, it seems that he is out of the race f.....»»
Foxconn decarbonization rating a weak D+, says Greenpeace
A new report has criticized Foxconn’s decarbonization credentials, rating the iPhone assembler at D-plus – the second lowest rating of any final assembly company. The rating is likely to focus attention on the feasibility of Apple’s environment.....»»
Greenpeace slams Apple supplier Foxconn over inadequate carbon reduction effort
Apple supplier Foxconn is falling behind in its decarbonization efforts, a Greenpeace report asserts, with the supply chain partner producing the highest level of emissions of final assembly companies.Apple CEO Tim Cook at a Foxconn factory.Apple has.....»»
Foxconn revenue to fall in the holiday quarter, as iPhone 15 faces triple challenge
In the second piece of somewhat gloomy iPhone news this morning, Foxconn revenue will fall during the holiday quarter, according to the company. This contrasts with its earlier forecast of growth. More than half of that revenue comes from Apple, a.....»»
Workplace "slavery" still embedded in supply chain, researcher says
A dozen years ago, the Foxconn City industrial park in China became infamous for a rash of worker suicides. Foxconn (a manufacturer of iPhones, among other notable products) initially responded by installing safety netting around the facility so that.....»»
U.K. private firm invests in Dave Cantin Group
CEO Dave Cantin said the investment will help his firm expand its advisory services and geographic reach in the U.S., and eventually to international markets......»»
Apple supplier Luxshare invests $330 million in Vietnam plant
Vietnamese authorities are allowing AirPods supplier Luxshare to expand its production facilities, more than doubling its investment to $504 million.Apple CEO Tim Cook at a Luxshare plantLuxshare began as a company making accessories such as cables,.....»»
China Invests $5.4 Billion in Two-Year-Old Memory Chipmaker
The investment is a sign Beijing is doubling down on its efforts to achieve technological self-sufficiency and counter U.S. sanctions Semiconductor startup Changxin Xinqiao Memory Technologies Inc. has raised 39 billion yuan ($5.4 b.....»»
iPhone China shipments down more than expected, says Kuo
Analyst Ming-Chi Kuo said that Apple's shipments of iPhones in China declined more than he expected.Futian District, ShenzhenKuo linked some of the downturn to Foxconn's Zhenghzhou factory, which is used to produce iPhones. That factory was the site.....»»
Apple to double Indian iPhone production in 2024, says Ming-Chi Kuo
Noted analyst Ming-Chi Kuo said Wednesday that Apple will double iPhone production in India through 2024.Foxconn's iPhone manufacturing facility in Sriperumbudur, IndiaIn recent years, India has emerged as a high-tech manufacturing and assembly hotsp.....»»
China denies Taiwan election interference, then interferes anyway
Chinese authorities say their tax and land use probe into iPhone maker Foxconn is unrelated to forthcoming elections, but then cautions firms over "social responsibilities."A Foxconn facilityFoxconn is being investigated by two different Chinese auth.....»»
Apple could again be caught in crossfire as Foxconn investigated; China issues non-denial [U]
Apple has already found itself impacted by a diplomatic row between the US and China, and now faces the prospect of being caught up in politics between China and Taiwan. A Chinese investigation of Foxconn has been announced by state media. Update:.....»»
Apple could again be caught in crossfire as China investigates Foxconn for likely political reasons
Apple has already found itself impacted by a diplomatic row between the US and China, and now faces the prospect of being caught up in politics between China and Taiwan. A Chinese investigation of Foxconn has been announced by state media. Apple i.....»»
China"s Foxconn tax probe is Taiwan election interference, claims candidate
Foxconn founder Terry Gou's rival in the Taiwanese elections says China should "cherish" the iPhone assembler, and not try to pressure the firm during an election.A Foxconn facilityGou stepped down from Foxconn in order to pursue his political career.....»»
China investigating Foxconn over land use and tax issues
Apple iPhone manufacturer Foxconn says it will cooperate fully with investigations into its business by China's tax authorities.A Foxconn facilityLike many manufacturing and technology companies, Foxconn has been looking to move away from China. But.....»»
China targets iPhone-maker Foxconn with probe into tax, land use
Foxconn founder Terry Gou is currently running for president of Taiwan. Enlarge (credit: SOPA Images via Getty) China has launched an investigation into Apple iPhone-maker Foxconn over tax and land use, Chinese state med.....»»
Nvidia and iPhone maker Foxconn to build "AI factories"
This comes as the US announced plans to cut off more exports of advanced chips to China, in a blow to Nvidia......»»
Taiwan"s Foxconn to build "AI factories" with Nvidia
Taiwan's Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up efforts to become a major global player in electric car manufacturing......»»
Indian iPhone plant found ‘highly hazardous’ to worker health in previously secret report
An Indian iPhone plant run by Foxconn was temporarily closed down back in 2021 due to major health infractions in worker accommodation – including the presence of rats, food crawling with worms, and toilets without running water. Now for the fir.....»»
Amazon takes on Microsoft as it invests billions in Anthropic
The company is in a race among big tech firms to exploit the potential of artificial intelligence......»»