Foxconn to set up its electronic manufacturing facility at Kongara Kalan in Telangana

Foxconn to set up its electronic manufacturing facility at Kongara Kalan in Telangana

Telangana Chief Minister K. Chandrasekhar Rao with Foxconn chairman Young Liu. Photo: Twitter/@TelanganaCMO Foxconn Technology Group (Hon Hai Precision Industry Co. Ltd) has confirmed its decision to set up a manufacturing facility at Kongara Kalan and sought the support of the Telangana Government in operationalising the park as early as possible. Foxconn chairman Young Liu […]

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Foxconn plans new India iPhone plant in shift away from China

Foxconn plans new India iPhone plant in shift away from China

Foxconn to ramp up iPhone production in India. | Photo Credit: Reuters Apple will manufacture iPhones at a new plant in India, officials said Friday, as the U.S. tech giant seeks to ramp up its India production and diversify away from China. The flagship mobile’s global supply chain is based mainly in China, where strict […]

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Saudi Arabia launches EV brand in collaboration with Foxconn

Saudi Arabia launches EV brand in collaboration with Foxconn

Saudi Arabian crown prince Mohammed bin Salman announced the launch of Ceer, the country’s first electric vehicle brand on Thursday. Ceer will be a joint venture between Saudi Arabia’s Public Investment Fund (PIF) and Taiwanese electronics company Foxconn. The joint venture company will license vehicle component technology from BMW for developing vehicles. These vehicles will […]

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Apple supplier Foxconn says working to resume China production as soon as possible

Apple supplier Foxconn says working to resume China production as soon as possible

China ordered an industrial park that houses an iPhone factory belonging to Foxconn to enter a seven-day lockdown on Wednesday China ordered an industrial park that houses an iPhone factory belonging to Foxconn to enter a seven-day lockdown on Wednesday Taiwan’s Foxconn, Apple Inc’s biggest iPhone maker, said on Monday it was working to resume […]

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Apple supplier Foxconn quadruples bonuses to staff hit by China COVID-19 lockdown

Apple supplier Foxconn quadruples bonuses to staff hit by China COVID-19 lockdown

Foxconn, formally Hon Hai Precision Industry Co Ltd, is Apple’s biggest iPhone maker, producing 70% of iPhone shipments globally Foxconn, formally Hon Hai Precision Industry Co Ltd, is Apple’s biggest iPhone maker, producing 70% of iPhone shipments globally Apple supplier Foxconn said on Tuesday it has quadrupled bonuses on offer for workers at its Zhengzhou […]

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Apple suppliers to make Apple Watch and MacBook in Vietnam, moving away from China

Apple suppliers to make Apple Watch and MacBook in Vietnam, moving away from China

Apple has been shifting some areas of iPhone production from China to other markets, including India Apple has been shifting some areas of iPhone production from China to other markets, including India Apple Inc’s suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, […]

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Apple will start iPhone 14 production in India at same time as China: Ming-Chi Kuo

Apple will start iPhone 14 production in India at same time as China: Ming-Chi Kuo

Usually, Apple starts producing the latest iPhone in China and it takes a few months before production of the phone begins in facilities outside the country. But now, Apple analyst Ming-Chi Kuo predicts that the Cupertino-based tech major will begin production of the iPhone 14 in India at the same time as it will in […]

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Taiwan weighs Foxconn fine for China chip investment

Taiwan weighs Foxconn fine for China chip investment

Foxconn said this week it has become a shareholder in embattled Chinese chip conglomerate Tsinghua Unigroup via a 5.38 billion yuan ($797 million) investment by a subsidiary Foxconn said this week it has become a shareholder in embattled Chinese chip conglomerate Tsinghua Unigroup via a 5.38 billion yuan ($797 million) investment by a subsidiary Taiwan’s […]

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Foxconn predicts more stable supply chain in the second half of 2022

Foxconn predicts more stable supply chain in the second half of 2022

The Shanghai government will allow all residents in ‘low-risk’ areas to return to work from Tuesday. The Shanghai government will allow all residents in ‘low-risk’ areas to return to work from Tuesday. Taiwan’s Foxconn, the world’s largest contract electronics maker, said on Tuesday that the second half of the year is heading “in a better […]

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