Foxconn invests $30 million in HKSTP partner firm Robocore August 21, 2025 This investment marks Foxconn’s official entry into the smart robotics market, bolstering its smart manufacturing and AI ecosystem, while paving the way for Robocore’s future IPO.
A homemade crisis: Europe's EMS market shrank 14% in 2024 August 06, 2025 At Evertiq Expo Berlin, market analyst Dieter Weiss (in4ma) and Christoph Solka (IPC, today Global Electronics Association) took the stage once more — not to speak of promise and growth, but of collapse. With data from over 400 companies and biting commentary, the duo unpacked what they claim to be the worst year for Europe’s EMS industry in two decades — and a crisis entirely of the industry’s own making.
Trump's first onshoring win isn’t the iPhone – it's the AI server June 12, 2025 As Nikkei Asia reports in a new investigation, the US is quietly assembling a domestic supply chain for one of the most complex machines in the world: the AI server. And while Apple has resisted political pressure to move iPhone production onshore, a host of data centre suppliers – including Foxconn, Wistron, TSMC and SK Hynix – are rapidly expanding their US footprint to serve customers like Nvidia, Microsoft and Amazon.
Foxconn and Thales eye semiconductor, satellite projects in France May 20, 2025 Taiwanese electronics manufacturer Foxconn and French defence and aerospace group Thales have entered a strategic partnership aimed at advancing semiconductor and space manufacturing in Europe.
India approves $434 million HCL-Foxconn semiconductor plant May 15, 2025 The new unit, to be located near the upcoming Jewar airport in Uttar Pradesh, will produce display driver chips for mobile phones, laptops, automobiles, PCs and other devices.
Mitsubishi Motors and Foxtron sign MOU for OEM supply of EV May 12, 2025 The EV model to be supplied to Mitsubishi Motors as an OEM model will be developed by Foxtron, manufactured in Taiwan by Yulon Motor, and introduced in the Oceania region (Australia and New Zealand) in the second half of 2026.
Top 50 EMS firms grew 12.7% in 2024, reached $477B in assembly revenue April 18, 2025 Overall, the APAC region accounted for around 74.7% of the Top 50 EMS revenue, and the Americas achieved 20.4% revenue growth, an increase of 2.4%, while the EMEA region constituted 2.5%, and an increase of 0.3%, mainly due to extensive activity in acquisitions.
Nvidia Blackwell chip production starts in Arizona — Nvidia opens first US factories April 15, 2025 Nvidia has started US-based production of its next-generation Blackwell AI chips, marking a significant shift in the company’s global manufacturing strategy. Together with its manufacturing partners, Nvidia will produce its AI supercomputers on American soil for the first time.
Foxconn names Kathy Yang as rotating CEO, first woman to hold the role April 03, 2025 EMS provider Foxconn (Hon Hai Technology Group) has appointed Kathy Yang Chiu-chin as its rotating Chief Executive Officer, marking a significant leadership transition.
Graid secures $30M to boost data storage, protection March 10, 2025 This Series B funding round was led by HH-CTBC Partnership, a joint venture fund between Foxconn and CTBC, alongside Yuanta Ventures.
AI infrastructure to dominate MLCC Demand in 2025 January 15, 2025 The US economy surpassed expectations in late 2024, but sustained high interest rates in 2025 may hinder spending and investment. Against this backdrop, TrendForce projects a 3% QoQ drop in MLCC shipments for Q1 2025.
Zettabyte partners with Foxconn to advance AI data centers December 27, 2024 At the forefront of Zettabyte’s offerings is Zware, its AI data center management software. Zware optimizes GPU performance, lowering energy usage while maximizing computing output, the company said.
Foxconn invests $82M in EV battery plant in Zhengzhou December 26, 2024 The move is another attempt by Foxconn to diversify beyond its iPhone business with forays into sectors such as EVs, semiconductors and robotics, the South China Morning Post report indicates.
Omdia bets on Foxconn becoming world’s largest server vendor December 19, 2024 Fuelled by skyrocketing demand for AI-optimised servers from major US cloud providers, Foxconn's ODM direct business will experience exponential growth in 2024, securing the top rank in Omdia's global server market analysis.
Thailand OKs $306M chip plant Investment by Foxconn subsidiary December 11, 2024 Thailand's Board of Investment (BOI) has approved a THB 10.5 billion ( USD 306 million) investment by a Foxconn subsidiary to build a factory for exporting high-precision machinery and equipment for the semiconductor industry.
in4ma: the state of the EMS Industry in 2024 December 03, 2024 The EMS industry faced significant challenges in 2024 – as discussed in an interview with in4ma analyst, Dieter G. Weiss, during Evertiq Expo Warsaw. Weiss provided a thorough summary of the industry's current problems, prospects, and the contrasting dynamics between Western and Eastern Europe.
Solidion partners with Giga Solar to develop US battery market November 26, 2024 Solidion Technology has signed an MOU with Taiwan's Giga Solar Materials to boost production of Silicon Oxide (SiOx) anode materials in the US, strengthening the lithium battery supply chain in North America.
Foxconn may expand Tamil Nadu facility, add 20,000 jobs November 25, 2024 Foxconn International Holdings India Developer Private Limited has reportedly submitted a proposal to expand the existing special economic zone in Sriperumbudur SIPCOT Industrial Park.
Foxconn to build AI factories with Nvidia Omniverse platform November 21, 2024 Foxconn is collaborating with NVIDIA to use digital twin technology to revolutionize manufacturing and supply chain management, paving the way for advanced global production facilities.
East-West contrasts shape Europe’s EMS landscape November 19, 2024 On 24 October 2024, industry analyst and in4ma founder Dieter G. Weiss addressed the audience at the Evertiq Expo Warsaw, sharing insights into the European EMS landscape. Weiss offered a comprehensive overview of the sector’s dynamics, particularly in Central and Eastern Europe, highlighting market trends, labour challenges, and economic shifts.
Is Apple in talks with Foxconn to build AI servers in Taiwan? November 07, 2024 Though Foxconn is Apple’s biggest iPhone supplier, it also makes Nvidia’s AI servers, and sources told Nikkei it may have limited capacity to take Apple as a new server client.
Exclusive: Top 30 EMS providers in CEE unveiled October 24, 2024 At this year’s Evertiq Expo in Warsaw, the spotlight shone on the top 30 largest EMS providers in Central and Eastern Europe. Unveiled exclusively at the Expo on October 24, the top list highlights key players driving the region's electronics manufacturing industry. So, who are the biggest players in the region?
Foxconn adds two new lighthouse factories October 15, 2024 The World Economic Forum (WEF) has recognised two more Hon Hai Technology Group (Foxconn) facilities as Lighthouse factories.
Foxconn to build world’s largest Nvidia superchip facility October 10, 2024 EMS-giant Foxconn says that it will build the world's largest manufacturing facility for bundling Nvidia’s GB200 superchips in Guadalajara, Mexico.
Foxconn posts record third-quarter revenue October 07, 2024 Revenue for the iPhone assembler jumped 20.2% year on year to T$1.85 trillion (USD 57.3 billion).
Foxconn to invest $50 million in India in chip JV with HCL October 04, 2024 The Taiwanese electronics manufacturing giant has purchased a 40% stake in a semiconductor JV for USD 37 million.
Exclusive: Europe’s biggest EMS players September 19, 2024 Top 25 list of EMS companies in Europe only on Evertiq. Respected industry analyst Dieter G. Weiss of in4ma and IPC have prepared a TOP 25 list that includes European EMS firms and global players in Europe.
Foxconn-HCL JV gets land in Uttar Pradesh for OSAT chip unit September 13, 2024 Taiwan’s Foxconn, which is likely to invest USD 37.2 million in the project, holds a 40% equity stake in the venture.
Foxconn plans to set up battery energy storage system unit in India August 19, 2024 Battery energy storage systems (BESS) allow energy to be stored from solar, wind and other renewable sources.
Foxconn’s profit beats forecasts, driven by AI boom August 16, 2024 The Taiwanese company said the development schedule for Nvidia’s GB200 chip was on track, and product delivery would start in the fourth quarter in small volumes before rising in early 2025.
Foxconn to assemble Apple iPads in India? July 29, 2024 Speculation is rising that Foxconn is set to expand its operations in India by assembling iPads at its facility in Sriperumbudur, Tamil Nadu.
Foxconn to invest $137.5 million in new Zhengzhou HQ July 26, 2024 Taiwan's Foxconn, the world's largest contract electronics maker, has signed a contract with the Henan provincial government to build a 700 acre business headquarters.