Money Foxconn
Electronics · United States · 1-10 Employees
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www.foxconnfacts.comRevenue
<$5 MillionIndustry
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Foxconn Q2 revenue beats market forecast on AI server demand
TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, posted on Friday better-than-expected quarterly revenue on AI server demand, and forecast continued growth in the current quarter. The third quarter is traditionally the start of the season for Taiwan's tech companies to race to supply smartphones, tablets and other electronics to major vendors such as Apple for Western markets' year-end holiday period. Foxconn is also powerinFoxconn gets licence to invest $551 million more in Vietnam, media reports
Foxconn Singapore has been awarded a licence to invest $551 million in two projects to produce smart entertainment products and smart-system equipment in Vietnam's northern province of Quang Ninh, state media reported. Foxconn, the world's largest contract electronics maker and assembler, did not immediately respond to a request for comment. The company already has major operations in Vietnam.India opposition asks Modi government to question Foxconn hiring practices
India's opposition Congress urged Prime Minister Narendra Modi's government on Saturday to question Foxconn about its hiring practices after Reuters reported that the Apple supplier rejects married women from iPhone assembly jobs in the country. The government has sought a detailed report from the state of Tamil Nadu, site of a major iPhone factory where Reuters uncovered Foxconn's hiring practices. The story has sparked debates on TV channels, newspaper editorials and calls from women groups,
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Frequently Asked Questions Regarding Money Foxconn
Foxconn is a global electronics manufacturing leader that undertook a major economic development initiative in Wisconsin, representing one of the largest single investment projects in the state's history. The company's Wisconsin facility represents a state-of-the-art manufacturing operation designed to produce high-tech electronics components, with... Read More