Page 16 - Foxconn

Vedanta-Foxconn selects Dholera SIR for 1st semiconductor facility in India

A joint venture of Indian conglomerate Vedanta and electronics manufacturing giant Foxconn has finalised the Dholera Special Investment Region near Ahmedabad city of Gujarat for setting up their semiconductor and display manufacturing facility, a senior state government official said on Monday. In the biggest ever corporate investment in the history of independent India, a joint venture of Vedanta and Foxconn in September last year signed a Memorandum of Understanding (MoU) with the Gujarat government to invest Rs 1,54,000 crore to set up the plant in the state. This will be the first manufacturing facility for semiconductors in India. At that time, the joint venture company had not disclosed the exact location of the facility. "After a detailed site analysis in consultation with Gujarat government authorities, the joint venture entity of Vedanta and Foxconn has selected Dholera SIR for setting up their semiconductor and display manufacturing facility. The project is in the advanced

Foxconn secures new manufacturing site in Vietnam after turmoil in China

Apple's biggest supplier Foxconn has secured a new site in Vietnam, as the Taiwanese giant shifts production away from China after facing major supply-chain disruptions

India in talks with 4 semiconductor companies to set up fabs here: Report

Among the companies that have shown interest are New York-based GlobalFoundries and a 'major' Korean semiconductor firm

Karnataka discusses investment plans with Apple supplier Foxconn's chairman

A high-level delegation from the government of Karnataka on Wednesday met Hon Hai Technology Group (Foxconn) chairman Young Liu at the company headquarters in Taiwan, and held discussions about investment plans in the Indian State. The delegation consisted of Gunjan Krishna, Commissioner for Industrial Development and Director of Industries and Commerce, and Kedarnath Mudda, Senior Advisor to Basavaraj Bommai, Chief Minister of Karnataka. Foxconn's spokesman James Wu, Chief Investment Officer James Tu, and some more executives were also present on the occasion, an official release said. "Foxconn's potential investment in Karnataka will be a testament to the State's industrial landscape. We are working towards building the best electronics and manufacturing ecosystems, which will attract further investments in the sector. We welcome Foxconn to Karnataka and wish them best of luck," Bommai said. Foxconn is said to be the world's largest electronics manufacturer, with a total revenue

Vedanta picks David Reed as CEO of its Gujarat semiconductor business

Reed began his career at Texas Instruments in 1984, where he served for 26 years

China's smartphone sales plunge to lowest in a decade, says report

In 2022, Vivo retained top spot with a 19.2% market share in China, followed by Apple at 18% and Oppo at 17.5%

Apple looking to manufacture 25% of iPhones in India: Piyush Goyal

Apple's iPhone is now being Made in India and the biggest plant is being set up in Bengaluru. The company gets iPhones manufactured by Foxconn, Wistron and Pegatron in India

Apple first company to export phones worth $1 bn in a month from India

Apple overtook Samsung to become the highest exporter from India

Foxconn replaces chief of iPhone assembly business after tumultuous year

Michael Chiang was first identified in his new role at Taiwan-based Foxconn's annual year-end party on Sunday, succeeding longtime leader Wang Charng-yang

Nvidia, Foxconn join hands to build automated EV platforms at CES 2023

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 Zhengzhou plant back at 90% capacity after Covid turmoil subsides

Foxconn's plant in the central Chinese city of Zhengzhou is now operating with roughly 200,000 staff

iPhone supplier Foxconn's China factory to offers $718 subsidy to workers

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.

Foxconn, Dixon leverage PLI route to boost manufacturing potential in India

How two poster boys of the government's signature manufacturing programme are deploying it to grow in India

Govt clears Rs 357 cr for Foxconn under PLI scheme for phone manufacturing

The PLI for large-scale electronics manufacturing sector launched with an aim to make India a competitive destination for electronics manufacturing

Taiwan to fine Apple supplier Foxconn for unauthorised Chinese investment

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

Sign of China's growing isolation: Foxconn to sell stake in chip giant

Taiwan to fine Foxconn for investing in Unigroup without informing it

Foxconn expands in Sriperumbudur, takes 20-acre land for new hostel

State industrial promotion group and Tata Electronics making investments for expanding in the region too

Foxconn building hostel to house 60,000 employees in Tamil Nadu: Report

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 eases most of its anti-Covid restrictions at Zhengzhou factory

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

Apple's largest supplier Foxconn faces chaos amid China's zero-Covid policy

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