The second half of the year will be better

Taiwan's Foxconn said the second half of the year is heading "in a better direction" as Shanghai's COVID-19 lockdown appears to be easing.

$300 million a year

For five years, Foxconn failed to build a much-hyped sprawling factory in Wisconsin and now local politicians fear that they will be saddled with a $300 million a year bill to maintain a site that the outfit walked away from.

Avoiding Corona crisis

Foxconn says that it has managed to avoid the worse of China’s draconian Covid crackdown in Kunshan city by moving production elsewhere.

Human rights not applied

Foxconn which assembles Apple iPhones, is in talks with Saudi Arabia about jointly building a $9 billion multipurpose facility.

Puts company on probation 

Fruity cargo cult Apple has realised that Foxconn’s poor treatment of women workers in its Indian plant is doing the same sort of PR damage it saw when there were similar problems in China.

Apparently not a good idea to poison staff

It looks like Apple supplier Foxconn's plant near Chennai in southern India will remain shut this week following protests sparked by a food poisoning incident.

Workers arrested

Police in India have released dozens of those detained for blocking a key highway in a protest against food poisoning at the Apple supplier Foxconn.

Tame Apple Press concerned

Foxconn has predicted that a global chip shortage would run into the second half of 2022 and its fourth-quarter revenue for electronics, including smartphones, would fall more than 15 per cent.

Keen to drive away from Apple dependence 

Foxconn unveiled its first three electric vehicle prototypes, which are being seen as part of its ambitious plans to diversify away from its role of building consumer electronics for Apple.

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.