News - subcat

Apple spins carbon neutral aspirations
Published in News
Friday, 14 August 2020 10:18

Apple spins carbon neutral aspirations


Need TSMC and Foxconn to get on board.

The fruity cargo cult known as Apple claims that it will be carbon neutral in ten years, but apparently that positive statement is dependent on its suppliers.

Foxconn does better than expected
Published in News
Wednesday, 12 August 2020 11:56

Foxconn does better than expected


Profit up 34 percent

Foxconn reported a better than expected quarterly profit as rising telecommuting demand amid the coronavirus pandemic offset slowing smartphone sales.

Foxconn wants further India investment
Published in News
Tuesday, 23 June 2020 11:45

Foxconn wants further India investment


Sees bright outlook there

Foxconn is planning further investment in India and may announce details in the next few months as the world’s largest contract manufacturer views the outlook there very favourably.

Foxconn to make ventilators
Published in News
Wednesday, 08 April 2020 11:25

Foxconn to make ventilators


Working with US outfit Medtronic

Taiwanese electronics manufacturer Foxconn will make ventilators with US firm Medtronic to help patients afflicted by the coronavirus outbreak.

Foxconn sees profit fall
Published in News
Monday, 30 March 2020 10:36

Foxconn sees profit fall


Pandemic issues not included

Foxconn reported a 23.7 percent fall in profit in the last three months of 2019 and it is still bracing itself for the full impact from the coronavirus pandemic.

Foxconn's consumer electronics revenue downed by Kung-Flu
Published in News


Down by 15 percent

Foxconn warned revenue would drop 15 percent in the first quarter, but promised that it would recover as production returns to normal in virus-hit China.

Foxconn is prepared for coronavirus
Published in News
Friday, 31 January 2020 09:16

Foxconn is prepared for coronavirus


More than Tim Cook

While Apple CEO Tim Cook is a little concerned about whether Apple will be hit by the impact of the deadly coronavirus, Foxconn said it has few worries about the Kung Flu.

Foxconn mulls flogging flagship Chinese plant
Published in News


Trade wars casualty

Foxconn is exploring the sale of its new flagship $8.8 billion display panel factory in China as demand for the product wanes amid the intensifying US-China trade war.

Foxconn disappoints Wisconsin
Published in News
Thursday, 11 July 2019 12:43

Foxconn disappoints Wisconsin


You probably were not expecting this

The Foxconn factory in Wisconsin will only create 1,500 jobs when it starts production next May, Governor Tony Evers announced.

Foxconn will rescue Apple from trade war
Published in News
Wednesday, 12 June 2019 12:03

Foxconn will rescue Apple from trade war


We will just make iPhones outside China

Foxconn said that it will rescue its chum Apple from Trump’s out-of-control trade war.