Foxconn releases three electric car prototypes
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.
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
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
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
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
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
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
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
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
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.