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
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...
Foxconn reports Q4 revenue up 22% YoY to ~$82.7B, above ~$77B est., and record December revenue up 31.8% YoY to ~$27.5B, driven by AI and networking demand
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 …
Foxconn plans to spend another $569M through 2029 to expand its AI server manufacturing site in Mount Pleasant, Wisconsin, adding to $717M invested through 2024
Taiwanese company gets approval for more AI data center industry in Racine County TechPowerUp : Foxconn Wisconsin Plant Gets $569 Million Investment Approved Focus Taiwan : Foxconn to invest US$569 mi...
Foxconn Chair Young Liu says the company will spend $2B to $3B per year in AI in the next three to five years and is discussing potential investments with Japan
OpenAI partners with Foxconn to design and develop data center server racks to be manufactured in the US; Foxconn will produce cabling, power systems, and more
OpenAI is partnering with Hon Hai Precision Industry Co. to design and manufacture hardware for data centers …
Foxconn reports Q3 revenue up 11% YoY to ~$66.3B, matching est., net profit up 17% YoY to ~$1.86B, vs. $1.63B est., and expects Q4 results to “remain favorable”
Foxconn, the world's largest contract electronics maker, said Wednesday that its third-quarter profit jumped 17% …