Filing: Taiwan-based Apple supplier Hon Hai plans to inject $1.5B into its India unit via its Singaporean subsidiary, as production shifts away from China
The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary.
Foxconn says it built FoxBrain, an in-house reasoning LLM, trained in four weeks with support from Nvidia via its Taiwan-based supercomputer and consulting
Chinese AI Model Poised for Open Source Release Markus Kasanmascheff / WinBuzzer : Foxconn Unveils FoxBrain AI Reasoning Model, Built In Just Four Weeks with 120 Nvidia H100 GPUs Focus Taiwan : Hon Ha...
Foxconn reports Q3 revenue up 20% YoY to a record ~$57.01B, a ~$1.5B net income, vs. ~$1.41B est., and expects half of its server orders in 2025 to be for AI
- Both beat quarterly profit estimates thanks to AI servers — Hon Hai cloud products to match mobile phone sales in 2025
Foxconn reports Q2 profit of $1.07B, up 30% YoY, on revenue of $48.5B, up 20% YoY, due to strong demand from Apple and other clients
Apple's biggest partner issues warning Christopher Baugh / iPhone in Canada Blog : Apple Supplier Foxconn Reports Strong Quarterly Profit Ahead of iPhone 13 Ben Lovejoy / 9to5Mac : Foxconn hints at iP...
Foxconn reports Q2 net profit of $1B on revenue of $48B, up 45% YoY, and says global supply crunch will worsen this quarter
- Supply shortages will be more severe in 2Q than 1Q: Liu — Hon Hai shares are down 20% from March high as crunch worsens
Foxconn says it plans to split supply chain between the Chinese and US markets as trade ties fracture and declares that China's time as world's factory is over
- Hon Hai planning separate supply lines for the two big markets — Company's earnings outperformed expectations but warns on Q3
iPhone maker Foxconn says it expects its Chinese plants to begin operating normally by the end of March, after the disruption caused by the coronavirus
- Hon Hai says its facilities are at 50% seasonal capacity — The epidemic has disrupted Apple's finely tuned supply chain
Foxconn Industrial Internet stock rose 44% on Shanghai exchange after raising $4.26B in its IPO, now valued at $61B+
- The Hon Hai unit surges by the 44% limit for debutantes — Foxconn Industrial embodies Gou's longer term ambitions — Foxconn Industrial Internet Co. soared …
Hon Hai's Foxconn Industrial Internet files for an IPO in China, says it will spend $4.3B on next generation projects like cloud computing, IoT, AI, and 5G tech
Smart manufacturing, data centers, AI among areas for growth — Hon Hai unit Foxconn Industrial Internet plans IPO in China