Foxconn reports Q2 revenue up 41% YoY to ~$78.4B, with cloud and networking products contributing 50%+ for the first time, and net profit up 35% YoY to ~$1.86B
Net profit for the three months ended June rose 35% from a year earlier — Foxconn Technology Group reported another strong quarter …
Foxconn says it will work with Intel to jointly develop and deploy next-gen AI infrastructure, including server racks with Intel Xeon processors and AI chips
Foxconn (2317.TW) said on Thursday it will work with U.S. chipmaker Intel (INTC.O) to jointly develop and deploy next-generation AI infrastructure …
Foxconn says some of its North American factories “suffered a cyberattack” in recent days; ransomware group Nitrogen claims it stole 8TB of data from Foxconn
Famous for helping build Apple's iPhones, Foxconn just suffered another cyberattack, highlighting the perils of warehousing some of the world's most valuable data.
Foxconn says some of its North American factories suffered a cyberattack in recent days; ransomware group Nitrogen claims it stole 8TB of data
Famous for helping build Apple's iPhones, Foxconn just suffered another cyberattack, highlighting the perils of warehousing some of the world's most valuable data.
Foxconn reports Q4 revenue up 22% YoY to ~$81B, net profit down 2% YoY to ~$1.4B, below ~$1.9B est., due to a higher tax expense, and a 5.9% gross profit margin
The company generates a significant share of its revenue making AI servers for the likes of Nvidia and Amazon
Nvidia and ABB partner to bring ABB's robot training software to Nvidia's Omniverse simulation platform and build autonomous robots, which Foxconn is trialing
Industrial robots that can be trained in virtual conditions are being trialled by Foxconn — Nvidia and ABB Robotics are partnering …
India plans to exempt foreign companies from being taxed when providing equipment to their contract manufacturers in the country, a change Apple lobbied for
it can now fund iPhone-making machines for Foxconn and Tata Electronics without fearing tax/income liabilities... 📱India's government on Sunday handed a major win to Apple by allowing foreign companie...
Docs: Foxconn's subsidiaries and China's Luxshare plan expansions in Vietnam to boost gaming device production, reinforcing Vietnam's gaming supply chain role
Foxconn (2317.TW) and Luxshare (002475.SZ) plan to add millions of gaming devices to Vietnam's annual output …