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Foxconn now makes more money from AI than iPhones
Once a name synonymous with Apple’s iPhone, Foxconn is now forging a new identity at the heart of the AI revolution. After decades of relying on smartphone assembly for the bulk of its revenue, the ...
Foxconn plans to invest $569 million to expand its Racine County operations. The expansion is expected to create 1,374 new jobs over the next four years. Foxconn is now eligible for up to $96 million ...
Foxconn said on Friday that it has started building a $1.4 billion AI supercomputing center with Nvidia, and the company expects the site to be ready in the first half of 2026. When the doors open, ...
Foxconn Technology's revenue is surging on AI servers, reshoring, and EV deals, but profitability remains constrained by razor-thin margins and heavy customer vertical integration. Despite strong ...
Dispute arises between Foxconn and Bengaluru Rural Gram Panchayat over tax compliance and local employment issues.
(WKBN) – A big announcement was made Wednesday morning regarding Foxconn. Hon Hai Technology Group (Foxconn) and TECO Electric & Machinery, a company that makes electric motors, announced on Wednesday ...
Foxconn is selling the former GM plant in Lordstown, Ohio, which it purchased from failed startup Lordstown Motors in 2022. The facility was sold to Crescent Dunes LLC, an unknown company created 12 ...
TAIPEI (Reuters) -Taiwan's Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes ...
Foxconn just launched its first production EV, the Bria, and plans to take it global. Can the Manufacturer do to EVs what it did for iPhones? The Bria EV marks Taiwan’s first domestically built ...
Foxconn Technology Group Chairman Young Liu called for closer collaboration between Taiwan and Japan in electric vehicle development, saying the two sides can combine their strengths to gain an edge ...
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