Asia still dominates among EMS providers
April 16, 2024
According to Manufacturing Market Insider's (MMI) annual overview of the world's largest EMS providers, the top 50 companies generated USD 423 billion in revenue.
Foxconn invites bids for new India factory build
February 08, 2024
Taiwanese electronics manufacturer Foxconn is reportedly seeking partners for construction of its proposed site in India.
India greenlights Tata Electronics' acquisition of Wistron Infocomm
January 31, 2024
The Competition Commission of India (CCI) has approved Tata Electronics previously announced acquisition of Wistron InfoComm Manufacturing (India).
US semiconductor firms mull $8bn investment in Vietnam
January 26, 2024
A US government official has revealed that 15 companies are preparing to start manufacturing to Vietnam, subject to their partners meeting renewable energy standards.
Foxconn team up with India's HCL Group for a chip testing plant
January 18, 2024
Taiwanese electronics giant Foxconn is partnering with Indian technology company HCL Group to build a semiconductor assembly and testing plant in India.
Foxconn sets up dedicated EV division
January 12, 2024
Foxconn Technology Group is accelerating its move into the automative sector with a newly created division: Foxconn New Energy Automobile Industry Development Co.
Foxconn expects year-on-year revenue fall in 1Q
January 08, 2024
Apple's biggest iPhone assembler, Foxconn, says slow market demand for smartphones will result in weak financial numbers this quarter.
Modi: India should have started chip mission 30 years ago
January 01, 2024
India's Prime Minister Narendra Modi has admitted that successive governments overlooked the need to cultivate a domestic semiconductor industry.
Luxshare to acquire Pegaglobe iPhone assembly plant
December 29, 2023
Chinese iPhone contractor Luxshare will take a controlling stake in Pegatron's Pegaglobe factory in Kunshan. The move will make Luxshare the world's second-largest iPhone assembler after Foxconn.
Foxconn pledges $55m to Bengaluru-based subsidiary
December 28, 2023
Taiwanese electronics giant Foxconn has taken a significant step towards expanding its manufacturing activity in India.
Apple is assessing multiple non-Chinese manufacturers
December 27, 2023
iPhone maker Apple is reported to be in talks with one Taiwanese and two Indian component suppliers as it looks to reduce its reliance on Chinese sources.
ShunSin confirms plans for $20m Vietnam facility
December 21, 2023
ShunSin Technology, the system-in-package (SiP) subsidiary of Hon Hai Technology Group (Foxconn), is set to open its third plant in Vietnam.
Foxconn set to invest $1 billion in new Indian plant
December 21, 2023
Taiwanese electronics giant Foxconn has submitted an application to set up a semiconductor facility in Karnataka state, says India's Minister of State for Electronics and IT.
Foxconn and Porotech form partnership on AR micro-displays
December 18, 2023
Two electronics giants have confirmed they are working together to commercialise MicroLED Microdisplays for augmented reality applications in wearable and smart devices.
NXP and Foxconn team up to launch e-vehicle R&D lab
December 15, 2023
NXP Semiconductors and Hon Hai Technology Group (Foxconn) are jointly investing in a new research facility in Taoyuan County’s Nankan District.
TDK to make iPhone battery cells in India
December 08, 2023
Japanese electronic giant TDK Corp will start manufacturing lithium ion battery cells for Apple from a new facility the northern state of Haryana, say online reports.
iPhone production halts in India as Foxconn Pegatron fight extreme weather
December 05, 2023
Due to heavy rains, Taiwanese EMS providers Foxconn and Pegatron have halted manufacturing of Apple iPhones at their factories near Chennai in southern India.
Foxconn to invest more than $1.57bn in India
December 01, 2023
Taiwan-based Foxconn, the world’s largest electronics maker, has just made a huge vote of confidence in Indian manufacturing.
Dispelix team up with Foxconn and Pegatron
October 25, 2023
Dispelix, a Finnish developer of waveguides for extended reality (XR) glasses, has entered into two separate agreements with two of the biggest electronics manufacturing companies in the world; Foxconn and Pegatron.
Foxconn and Nvidia unveil plan to build 'AI factories'
October 20, 2023
Two of the world's electronics super powers are to build a new kind of data centre that will process, refine and transform vast amounts of data into AI models and tokens.
Kaynes Technology to set up semiconductor plant in Telangana
October 09, 2023
Kaynes Technology India has signed a MoU with U with the government of Telangana for setting up of Outsourced Semiconductor Assembly and Testing (OSAT) and Compound Semiconductor manufacturing facility in the Indian state.
Blue Solutions and Foxconn team up on solid-state battery
October 06, 2023
Blue Solutions has signed a MoU with Hon Hai Technology Group (Foxconn) and its subsidiary, SolidEdge Solution Inc., to jointly develop a solid-state battery ecosystem for the electric two-wheeler market.
Kneron announces $49M in additional funding
September 27, 2023
Kneron yesterday announced $49M in strategic funding from investors including Foxconn,HH-CTBC Partnership (Foxconn Co-GP Fund) and Alltek, bringing their total series B financing to $97M.
Foxconn’s looking to double its workforce in India
September 18, 2023
EMS provider Foxconn says it is looking to double its workforce and investment in India by next year.
TrendForce expects iPhone 15 series production at 80M units
September 11, 2023
Apple is slated to unveil four new iPhone models in mid-September: the iPhone 15, iPhone 15 Plus, iPhone 15 Pro, and iPhone 15 Pro Max. TrendForce predicts a production figure of approximately 80 million units for the iPhone 15 series.
Foxconn invests US$500 million in Chihuahua
September 07, 2023
The world's biggest EMS provider says that it has invested more than USD 500 million in the State of Chihuahua, Mexico.
Foxconn founder to run for Taiwan presidency
August 28, 2023
Terry Gou, the founder of electronics manufacturing giant Foxconn, launched his candidature for Taiwan's next president in the 2024 elections on Monday.
Server supply chain becomes fragmented
August 23, 2023
TrendForce reports that Taiwan-based server ODMs, including Quanta, Foxconn, Wistron (including Wiwynn), and Inventec, have set up production bases in countries like Thailand, Vietnam, and Malaysia. It’s projected that by 2023, the production capacity from these regions will account for 23%, and by 2026, it will approach 50%.
Foxconn subsidiary injects US$ 400 million into Indian venture
August 14, 2023
Foxconn Interconnect Technology has announced a capital investment to its Indian subsidiary as the Taiwanese group has been stepping up its investments in the country.
Foxconn's Q2 profit slips 1%
August 14, 2023
In the second quarter of 2023, Hon Hai's (Foxconn) revenue totaled NTD 1.3045 trillion, down 14% on year.
Foxconn to make $600m investment in Indian ops
August 03, 2023
Foxconn appears to have resolved its on-off strategy for manufacturing in India: news has just broken of a major new facility in the state of Karnataka.
Foxconn greenlights $194m components facility in India
August 01, 2023
Taiwan's Foxconn has signed an agreement with officials in Tamil Nadu to open a new plant in the Southern Indian state.
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