Apple Inc. is allegedly considering expanding its operations at the Foxconn factory in Jundiai, Sao Paulo, to offset surging production costs in Asia. According to a Brazilian Exame magazine report published on Friday, the move comes as new tariffs introduced by United States President Donald...
Hon Hai Precision Industry Co., Ltd., also known as Foxconn Technology Group, and Mitsubishi Motors Corporation are close to sealing the deal on electric vehicles (EVs), Nikkei Asia reported on Thursday.According to a source familiar with the matter, the partnership would allow the electronics...
Nvidia Corp. CEO Jensen Huang told the Financial Times that the tech giant plans to invest hundreds of billions in chips and other electronics made in the United States over the next four years.
"Overall, we will procure, over the course of the next four years, probably half a trillion dollars worth of...
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, revealed on Friday that its net income in the fourth quarter of its fiscal 2024 came in at 46.3 billion New Taiwan dollars (approximately $1.4 billion), declining 13% on an annual level.Meanwhile, revenue in the reported three-month period...
Renault S.A. Chairman Jean-Dominique Senard disclosed on Monday that the company has no issue with Nissan Motor Co. forming partnerships that benefit both automakers.Speaking to France’s BFM TV, he clarified that while Renault remains open to suitable collaborations, Honda Motor Co.’s...
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, presented its artificial intelligence (AI)-backed large language model (LLM), FoxBrain, the local Economic Daily reported on Monday.The project was said to have been conducted with the help of Nvidia Corporation, which provided its 120...
Foxconn announced on Wednesday that its revenue for February increased by 56.43% compared to the same month last year, reaching NT$551.4 billion ($17.44 billion). This figure marks the highest revenue recorded for this period in the company's history.
The substantial growth was primarily...
Taiwanese electronics giant Foxconn has reportedly put forward a proposal to Japanese carmaker Honda Motor for a strategic partnership, which would establish a collaborative framework involving four companies, including Nissan Motors and Mitsubishi Motors, sources told Nikkei Asia on Friday.The...
Foxconn Chair Young Liu told reporters on Wednesday the company is considering acquiring Renault's stake in Nissan to facilitate cooperation on electric vehicles (EVs)."We did have talks about acquiring a stake in [Nissan]," Young Liu told reporters. "If [taking a stake] is necessary for cooperation,...
Hon Hai Precision Industry Co., Ltd., also known as Foxconn, announced on Monday its collaboration with Zettabyte, cited as Asia's largest artificial intelligence (AI) data center software developer, to strengthen its capabilities in that field.According to Zettabyte's statement, Foxconn will deploy its...
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