Tag: Foxconn
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Foxconn Offers Higher Pay to Workers Producing Huawei Smartphones than iPhones
Taiwanese manufacturing giant Foxconn is reportedly offering a higher hourly wage to workers involved in producing Huawei smartphones in China compared to those engaged...
Foxconn Reports Q2 2023 Financial Results and Unveils Strategic Initiatives
Foxconn, the global electronics manufacturing giant, has released its second-quarter financial results for 2023, showcasing both challenges and advancements across various sectors.
Despite a 14...
Foxconn to Invest $600 mn in Chip Equipment Manufacturing and iPhone Component Unit in Karnataka, India
Foxconn, Taiwan-based electronics manufacturing giant, will make a significant investment of $600 million in two projects in the southern Indian state of Karnataka.
The investment...
Foxconn to Invest $194 mn in Electronic Components Facility in Tamil Nadu, India
In a significant development for the state of Tamil Nadu, Taiwan-based tech giant Foxconn has signed a deal with the government to invest 16...
Foxconn buys 50% stake in ZF Group’s axle system assembly unit
Taiwan’s Foxconn will buy 50 percent stake in ZF Group’s axle system assembly unit, creating a joint venture aimed at growing automotive and supply...
