News - subcat

Foxconn confirms US investment
Published in News
Friday, 23 June 2017 12:24

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
Published in Cloud


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
Published in Graphics
Wednesday, 24 May 2017 13:51

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
Published in News


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
Published in News
Thursday, 13 April 2017 02:41

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
Published in News
Thursday, 06 April 2017 02:47

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
Published in News


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
Published in News


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
Published in News
Wednesday, 25 January 2017 12:22

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
Published in News
Wednesday, 11 January 2017 11:43

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.