Under the agreement, Foxconn will be a tier-one manufacturer, producing electronic control units (ECUs) based on Nvidia DRIVE Orin for the global automotive market
Foxconn's plant in the central Chinese city of Zhengzhou is now operating with roughly 200,000 staff
Apple iPhone maker Foxconn is offering a $718 subsidy to employees with an aim to retain workers at its main China factory that was affected by Covid-related protests.
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The PLI for large-scale electronics manufacturing sector launched with an aim to make India a competitive destination for electronics manufacturing
The Taiwanese government has said it will fine Apple supplier Foxconn for an unauthorized investment from China even after the company agreed to sell its stake to another Chinese company
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State industrial promotion group and Tata Electronics making investments for expanding in the region too
In response to the strong domestic demand for Apple products and Foxconn's aim to diversify away from China, 'brisk construction' is going on at a 20-acre plot in Tamil Nadu
Foxconn - whose formal name is Hon Hai Precision Industry Co. - said it is now ending its "point-to-point" system, in which it required employees to restrict their daily movements
Foxconn, Apple's largest supplier, has faced unending chaos in the last two months at its Zhengzhou plant, which happens to be the largest iPhone factory in the world
The letter from Foxconn's founder Terry Gou was sent a month ago when the Apple supplier's factory in Zhengzhou was rocked by protests
Amid supply chain disruptions at its key China iPhone plant, Apple supplier Foxconn is investing another $500 million in India, the media reported on Thursday
Since the outbreak of the epidemic in October, the company has been in close contact and cooperation with the local government
Analysts say Foxconn assembles around 70% of iPhones, and the Zhengzhou plant produces the majority of its premium models including iPhone 14 Pro
From a minuscule share in India's phone exports a year ago, Apple's share has risen to $2.2 billion during April and October
Foxconn Technology Group is offering workers who left the Zhengzhou complex between Oct. 1 and Nov. 10 an extra 30 yuan ($4.20) an hour on top of their regular wages through December and January
Customers buying Apple's most premium devices in the US this year can now expect to wait as long as 37 days, according to Counterpoint Research
Beijing says it won't set up gates to block access to Covid-hit compounds anymore
Foxconn, also known as Hon Hai Precision Industry Co., will top up wages by as much as 13,000 yuan per month in December and January for full-time workers