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Foxconn to invest $250M to make EV, telecom parts in Vietnam

Foxconn to invest $250M to make EV, telecom parts in Vietnam

Foxconn (2354.TW) is set to invest about $250 million in two new projects in Vietnam, including for the production of components for electric vehicles (EVs), the world's largest contract electronics assembler and local authorities said on Friday.
Foxconn sees AI driving strong server demand, but full year to be flat

Foxconn sees AI driving strong server demand, but full year to be flat

Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive demand for its server business this year but reiterated 2023 overall would be a flat one for the company on global economic woes.
May 31, 2023 | 01:17 am PT
Vietnam to become one of Apple's main manufacturing hubs

Vietnam to become one of Apple's main manufacturing hubs

India, Vietnam and Brazil could account for as much as 30% of Apple supplier’s Foxconn production in upcoming years as Apple seeks to diversify its supply chain out of China.
December 20, 2022 | 07:32 pm PT
Taiwan to fine Foxconn for unauthorised China investment

Taiwan to fine Foxconn for unauthorised China investment

Taiwan's government said on Saturday it would fine Foxconn, the world's largest contract electronics maker, for an unauthorised investment in a Chinese chip maker even after the Taiwanese firm said it would be selling the stake.
December 17, 2022 | 06:04 pm PT
Foxconn sees Covid-hit China plant back at full output in late Dec-early Jan: source

Foxconn sees Covid-hit China plant back at full output in late Dec-early Jan: source

Apple supplier Foxconn expects its Covid-hit Zhengzhou plant in China to resume full production around late December to early January, a Foxconn source said on Monday.
December 4, 2022 | 10:47 pm PT
Foxconn's woes to take bigger toll on giant China iPhone plant as more workers leave

Foxconn's woes to take bigger toll on giant China iPhone plant as more workers leave

Foxconn's flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees left the site.
November 25, 2022 | 12:00 am PT
Apple supplier Foxconn apologizes for hiring blunder at Covid-hit China plant

Apple supplier Foxconn apologizes for hiring blunder at Covid-hit China plant

Apple's major supplier Foxconn said on Thursday a "technical error" occurred when hiring new recruits at a Covid-hit iPhone factory in China and apologized to workers after the company was rocked by fresh labor unrest.
November 23, 2022 | 11:22 pm PT
Foxconn Zhengzhou plant offers bonuses to encourage workers to return

Foxconn Zhengzhou plant offers bonuses to encourage workers to return

Apple supplier Foxconn's Zhengzhou plant on Monday kicked off a fresh recruitment drive seeking workers, saying that it would offer staff who had left in recent weeks a one-off bonus of 500 yuan ($69.28) should they return.
November 8, 2022 | 07:55 pm PT
Apple warns of hit to iPhone shipments from China Covid disruptions

Apple warns of hit to iPhone shipments from China Covid disruptions

Apple Inc expected on Sunday lower shipments of high-end iPhone 14 models than previously anticipated, hit by a significant production cut at a major plant in China affected by Covid-19 restrictions.
November 6, 2022 | 05:47 pm PT
China imposes fresh lockdown around major Apple iPhone plant

China imposes fresh lockdown around major Apple iPhone plant

China ordered an industrial park that houses an iPhone factory belonging to Foxconn to enter a seven-day lockdown on Wednesday, in a move set to intensify pressure on the Apple supplier.
November 2, 2022 | 06:13 pm PT
Foxconn says production normal at iPhone plant in China despite Covid curbs

Foxconn says production normal at iPhone plant in China despite Covid curbs

Taiwan electronics manufacturer Foxconn said on Friday production at its largest iPhone factory remains normal, despite tightening COVID-19 restrictions at the plant in the Chinese city of Zhengzhou this week.
October 21, 2022 | 03:52 pm PT
Taiwan's Foxconn says it wants customers to sell 'a lot' of EVs

Taiwan's Foxconn says it wants customers to sell 'a lot' of EVs

Foxconn, the world's largest contract electronics maker, said on Tuesday it was not in the business of selling its own electric vehicle (EV) brand but wanted its customers to sell EVs in large numbers by opening up the "closed loop" of auto manufacturing.
October 17, 2022 | 07:53 pm PT
Apple supplier eyes $300-mln plant in northern Vietnam

Apple supplier eyes $300-mln plant in northern Vietnam

Apple supplier Foxconn has leased 50.5 hectares of land in the northern province of Bac Giang and plans to set up a $300-million factory there.
August 18, 2022 | 07:38 pm PT
Apple suppliers competing for workers in Vietnam: Foxconn chief

Apple suppliers competing for workers in Vietnam: Foxconn chief

Apple’s major Chinese suppliers are competing for Vietnamese workers as they seek to expand operations outside their country.
June 12, 2022 | 07:34 pm PT
Apple supplier Foxconn unveils electric vehicles

Apple supplier Foxconn unveils electric vehicles

Taiwanese tech giant Foxconn unveiled three electric vehicles on Monday, boosting its bid to be a major player in the rapidly expanding EV market as it seeks companies to partner with.
October 18, 2021 | 12:52 am PT
Apple recruits more Vietnamese staff

Apple recruits more Vietnamese staff

Apple is recruiting 25 people in Vietnam, mostly for posts pertaining to operations and supply chain.
July 28, 2021 | 06:55 pm PT
Foxconn suppliers resume operations in coronavirus hotspot Bac Giang

Foxconn suppliers resume operations in coronavirus hotspot Bac Giang

Two electric component manufacturers for Foxconn in Bac Giang resumed operations Friday following a temporary suspension due to the coronavirus crisis.
May 29, 2021 | 03:00 am PT
Vietnam coronavirus outbreak threatens to disrupt tech supply chain

Vietnam coronavirus outbreak threatens to disrupt tech supply chain

A rapidly spreading Covid-19 outbreak has left factories operating below capacity in Vietnam's industrial northern provinces, where suppliers for Apple, Samsung and other global tech firms are located.
May 28, 2021 | 05:28 pm PT
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