Foxconn confirms US investment
New robot plants in US
Foxconn has announced an investment project, the Flying Eagle, in the US which will feature robotic plants and other projects.
Apple and Amazon team up to help Foxconn
Gou calls in a few mates
Apple and Amazon have signed up to help the Foxconn bid for Toshiba's semiconductor business.
Micro LED arrives soon
Second half of 2017 with products in 2018
Despite shedloads of delays and technological bottlenecks micro LED products will start to arrive in the second half of the year with full production ready for 2018.
Foxconn to build Amazon production center in China
Involved parties will need to invest around $871 million
Foxconn Electronics, the world’s largest contract manufacturing company, has announced a deal with a handful of China-based companies to build a regional production facility for Amazon, according to local sources within the industry.
Foxconn saw revenue increases in March
Still up 18 percent over February following iPhone order cuts
Foxconn Electronics, the world’s largest contract manufacturer and third largest technology company by revenue, reported consolidated revenues of NT$341.69 billion in March 2017, an increase of nearly 18 percent over February and nearly 2 percent year-over-year.
Foxconn made record profits in Q4 2016
Company seeks to increase focus on high-margin components
Foxconn Electronics, the world’s largest contract manufacturer and third largest technology company by revenue, reported net profits of NT$68.766 billion ($2.17 billion) for the fourth quarter of 2016, its highest ever quarterly level since being founded in February 1974.
Foxconn and TSMC attack Toshiba's memory shares
Recovering from a list of multi-billion dollar writedowns
According to a recent Chinese-language report, TSMC and Foxconn Electronics are partnering up to place bids for shares of Toshiba’s memory business after the company dealt with a major loss in its devices and components business last year amid a drop in global memory prices. And problems with nuclear matters.
Apple's upcoming flagship 5.8-inch iPhone features glass housing
Stainless steel reinforced frame, and a higher price
Apple’s upcoming flagship iPhone, set to be released with a rather large 5.8-inch display size, is expected to adopt a chassis made of reinforced glass with a stainless steel metal frame, according to sources from within the upstream supply chain.
Foxconn faces problems setting up shop in US
Sharp co-operation is not done and dusted
While the press has made much of Foxconn’s plans to co-operate with Sharp to build a new panel plant in the US, the deal is so far from being done and dusted it is increasingly looking unlikely.
Foxconn profits took a dive in December
Nothing to do with the iPhone 7
Apple’s number one partner Foxconn saw its profits take a dive in December coincidently at the same time as Jobs' Mob is rumoured to have slashed production on its iPhone 7 because no one wants it.