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Foxconn does better than expected
Published in News
Thursday, 12 August 2021 11:48

Foxconn does better than expected


Profits up by a third

A chip shortage and strong demand for its partners profits pushed Foxconn’s profits up by nearly a third on last year.

Foxconn and TSMC buy 10 million COVID-19 vaccine doses
Published in News


Donating them to the government to bypass China ban

Foxconn and TSMC have agreed to buy 10 million COVID-19 vaccine doses for the island of Taiwan. The two companies will be paying up to $35 a dose of the BioNTech vaccine and donating them to the government.

Foxconn predicts a 15 percent rise in second-quarter revenue
Published in News


Work from home spin-off


Taiwan's Foxconn forecast a 15 percent rise in second-quarter revenue as the work-from-home boom spurred by the COVID-19 pandemic extends, boosting demand for consumer devices.

Foxconn decides not to build Trump's eighth wonder of the world
Published in News


We were wondering when this would happen

Taiwan electronics manufacturer Foxconn is drastically scaling back a planned $10 billion factory in Wisconsin, which former US President Donald Trump once called "the eighth wonder of the world".

Foxconn partners with VinFast on electric cars
Published in Transportation


Might buy the Vietnamese production lines

Taiwan’s Foxconn is in early-stage talks with Vietnamese carmaker VinFast about partnering in electric vehicles.

Foxconn expects 15 percent profit rise
Published in News
Thursday, 04 March 2021 11:48

Foxconn expects 15 percent profit rise


COVID-19 pandemic spin-off

Foxconn said it expects first-quarter revenue to rise more than 15 percent from a year earlier thanks to increased demand for electronics during lockdowns worldwide to curb the COVID-19 pandemic.

Foxconn attacked by ransomware
Published in News
Tuesday, 08 December 2020 13:16

Foxconn attacked by ransomware

 

Tried turning it off and back on again

Apple supplier Foxconn said the internet connection in its facility in Americas has gradually returned to normal after it was attacked by ransomware.

Apple rumoured to have asked Foxconn to leave China
Published in News


Wants its own personal Vietnam instead

Foxconn is rumoured to be moving some iPad and MacBook assembly to Vietnam from China at the request of Apple.

Foxconn finds use for Trump's white elephant
Published in News
Tuesday, 24 November 2020 12:39

Foxconn finds use for Trump's white elephant

Will assemble servers for Google

Foxconn plans to assemble key components for Google servers from its plant in Wisconsin, people familiar with the matter said, finally breathing life into a factory Donald Trump hailed as crucial to bringing manufacturing back to the US.

Foxconn worries about Luxshare
Published in News
Monday, 26 October 2020 13:06

Foxconn worries about Luxshare


How a tiny company is a serious threat to dominance

Foxconn, has set up a task force to fend off the growing clout of Chinese electronics manufacturer Luxshare, which it believes poses a serious threat to its dominance.