Foxconn news & latest pictures from ibtimes.com

General Motors reported higher profits behind strong North American sales of the GMC Sierra and other conventional internal combustion engine trucks

GM, Foxconn To Move Production To Mexico

The companies will reportedly swap out imports for local production.

Nvidia CEO Jensen Huang Sold $323M In Shares Before Global Stock Rout

Nvidia's CEO Jensen Huang delivers his keystone speech ahead of Computex 2024 in Taipei on June 2, 2024

The transactions were part of a pre-determined trading plan that Huang filed in March, which proved to be well-timed.

Trump Slams US Economy At Wisconsin Rally Despite Foxconn Setback

Donald Trump often dances briefly at his rallies

During his speech, Trump avoided mentioning Foxconn, instead focusing on current economic issues such as high inflation and soaring mortgage rates.

Foxconn said it was optimistic owing to the surge in demand for AI technology

Foxconn Reports Sharp Rise In First-quarter Net Profit

The firm -- also known by its official name Hon Hai Precision Industry -- is the world's largest contract electronics manufacturer and assembles devices for several companies, most notably Apple's iPhones.

More news

Chairman of Foxconn Technology Group Young Liu (R) and Nvidia CEO Jensen Huang Taiwanese announced Wednesday they are building 'AI factories'

Tech Giants Foxconn, Nvidia Announce They Are Building 'AI Factories'

Taiwanese tech giant Foxconn and US hardware leader Nvidia said Wednesday they would team up to create "AI factories", powerful data processing centres that would drive the manufacturing of next-generation products such as electric cars.

Foxconn, also known by its official name Hon Hai Precision Industry, is the world's biggest contract electronics manufacturer

Foxconn Boss Sees Potential To Invest Billions In India

Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees the potential to invest "several billion dollars" in India, with the firm looking to diversify its manufacturing away from China.

Indian Minister Says Foxconn's Pullout From Chip Deal 'Changes Nothing' About India's Ambitions

"What Vedanta needed from the very beginning was a technology provider/partner ... Foxconn doesnt have it and so was never an ideal partner for the JV," a semiconductor analyst said.

Apple Supplier Foxconn To Move Production Out Of China, Plans $700M Plant In India: Report

The new investment by Foxconn is expected to create about 100,000 jobs in India, a report said.

Possible Partnership With Foxconn In The Future For Volkswagen

VW Group sources reveal the company is in talks with Foxconn for a new factory.

Video Shows Police Beating iPhone Factory Workers Who Protested Over Pay Dispute

A newly released livestream shows Chinese police in hazmat suits beating Foxconn factory workers at a facility in Zhengzhou, China, the world's largest Apple iPhone manufacturer.

A closed restaurant and shops are seen in Guangzhou's Xiaobei neighborhood

China Locks Down 5 Million Guangzhou Residents Over COVID-19 Outbreak; 85% Of Flights Canceled

Guangzhou residents flooded the Chinese social media app Weibo with anger and expletives as "zero-COVID" restrictions affect businesses and access to food.

China's COVID-19 Lockdown Could Affect iPhone 14 Production Ahead Of Christmas Shopping Season

Apple's iPhone 14 production could decline by as much as 30% due to China's strict COVID-19 measures at the world's biggest iPhone plant.

Exclusive-Foxconn COVID Woes May Hit Up To 30% Of IPhone Nov Shipments From Zhengzhou Plant - Source

Apple supplier Foxconn's COVID-19 woes at its vast iPhone manufacturing facility in China's Zhengzhou city could slash the site's November iPhone shipments by up to 30%, a source with direct knowledge of the matter said.

Despite the soaring number of infections and deaths in India the real figures are beleived to be much higher

iPhone 12 Production In India Plunges By 50% Amid COVID-19 Crisis

More than 100 employees of an iPhone 12 factory in India tested positive for coronavirus.

EV Maker Fisker Signs Deal With Apple-Partner Foxconn

Meanwhile, the longtime Apple product contractor shares also rose as much as 4.5% after news about its first foray into EV production was confirmed.

What Fisker’s Deal To Build Electric Cars With Foxconn Means

The deal with Fisker projects that Foxconn will produce 250,000 electric vehicles a year.

Pegatron is crucial to the production of the iPhone and is involved in the creation of parts for the US firmâs latest model, the iPhone 12

Apple Asked Foxconn To Create 2 Foldable iPhone Prototype 'Shells,' Reports Say

Apple, via its partner Foxconn, is currently testing two foldable device models, reports say.

Apple Partners Quietly Building Foldable iPhone Prototypes, Report Says

Apple's partner companies are already working on key components for use on the previously rumored foldable iPhone, a report says.

Apple Announces Its Most Powerful Entry-Level iPad Model Yet

Apple has announced a slew of new devices during its recent event. Alongside a new iPad Air came what the company proudly claims to be the “most powerful entry iPad” ever.

When Will Apple Release ‘Made In India’ iPhone 12?

Apple will be releasing its first "made in India" iPhone 12 by mid-2021.

Apple AR Glasses: Foxconn Reportedly Begins Semi-Transparent Lenses Trial Production

A new report reveals that Apple and manufacturing partner Foxconn have already made significant progress in their efforts to create the tech firm's augmented reality glasses.

Apple MacBook Could Switch To Glass Keyboard Keys In Future Iterations

A new patent shows that Apple is working on a new keyboard that uses glass keycaps.

Best Fourth Of July Deals On Apple Devices You Can Grab Right Now

Fourth of July is still more than a day away, but some retailers and stores are already offering Fourth of July discounts on some great Apple products, as well as accessories that can be used on Apple devices.