foxconn

On Monday, Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF) (OTC:HNHPF), delivered a record-breaking fourth quarter as surging artificial intelligence demand propelled revenue well past Wall Street expectations. This is also reinforced optimism around Nvidia...

OpenAI is reportedly shifting its first AI hardware project to Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF), as it accelerates plans to launch a Jony Ive–designed consumer device. OpenAI Shifts Manufacturing Away From China OpenAI has moved production of...

Nvidia Corp (NASDAQ:NVDA) supplier Foxconn Technology Group, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF), is reportedly shifting its financial firepower toward artificial intelligence. Foxconn Pours Billions Into AI As Business Mix Shifts Foxconn Chairman Young Liu said that the...

Foxlink, a key supplier for Apple Inc. (NASDAQ:AAPL), is transitioning to an AI robotics software provider, leveraging Nvidia Corporation (NASDAQ:NVDA)’s technology. What Happened: Foxlink, a long-time supplier of components to Apple, is venturing into the AI robotics sector to shield...

Consumer tech giant Apple Inc.’s (NASDAQ:AAPL) decades-long relationship with Taiwanese contract manufacturer Foxconn is undergoing a quiet but significant transition in recent months. Check out the current price of AAPL stock here. What Happened: On the ChinaTalk podcast on Tuesday,...

Apple Inc. (NASDAQ:AAPL) has reportedly increased its iPhone shipments from India to the U.S. in the past few months, as the tech giant moves to protect its U.S. sales from the impact of escalating tariffs on China-made goods. What Happened: Between March and May, 97% of iPhones exported by Foxconn...

Apple Inc. (NASDAQ:AAPL) supplier Foxconn is set to announce a partnership with a second Japanese auto manufacturer as the Taiwanese manufacturer turns towards EVs. What Happened: The company's chairman, Young Liu, shared the announcement at the company's annual investor meeting, Reuters reported...

Apple Inc. (NASDAQ:AAPL) accelerated its manufacturing pivot from China to India as U.S. iPhone shipments from the country jumped 76% year-over-year in April, reaching 3 million units. What Happened: India’s iPhone exports to the U.S. soared 76% in April compared to the same period last year...

Veteran financial commentator, CNBC’s Jim Cramer, is sounding an alarm for investors, suggesting that the performance of tech giants Apple Inc. (NASDAQ:AAPL) and Nvidia Corp. (NASDAQ:NVDA) this week will be a critical indicator for the broader market’s health. What Happened: In a recent...

Apple Inc. (NASDAQ:AAPL) is reportedly pushing forward with a major supply chain expansion in India through its top manufacturing partner, Foxconn, also known as Hon Hai Precision Industry Co. Ltd. (OTC:HNHAF). What Happened: Foxconn plans to invest $1.5 billion in a new display module plant near...

Nvidia Corp. (NASDAQ:NVDA), Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), and Hon Hai Precision Industry Co., better known as Foxconn, announced on Sunday a partnership to build an advanced artificial intelligence supercomputer in Taiwan. What Happened: The collaboration includes Foxconn...

Foxconn Technology Group, also known as Hon Hai Precision (OTC:HNHPF), is poised to make significant strides in the electric vehicle market, announcing a strategic seminar in Japan on Apr. 9 to demonstrate its manufacturing capabilities and court potential automotive partnerships. What Happened:...

Young Liu, the CEO of Apple Inc. (NASDAQ:AAPL) supplier Foxconn, also known as Hon Hai Technology, has publicly criticized President Donald Trump's tariff policy, warning it's creating chaos for tech giants like Apple and Amazon.com, Inc. (NASDAQ:AMZN). What Happened: During an earnings call on...

Apple Inc.'s (NASDAQ:AAPL) key supplier Foxconn, also known as Hon Hai Precision Industry Co., Ltd (OTC:HNHAF) is reportedly facing obstacles in expanding its operations in India as China tightens restrictions on technology and talent exports. What Happened: Chinese authorities have made it more...

Foxconn Technology Group, also known as Hon Hai Precision (OTC:HNHPF)  Apple Inc.‘s primary iPhone manufacturer, confirmed Wednesday it would consider acquiring Renault’s stake in Nissan Motor Co. (OTC:NSANY) as part of a broader strategy to expand its electric vehicle manufacturing...