Foxconn

KSA, Foxconn Talks of Building $9 Billion Facility

Apple’s largest iPhone assembler, Foxconn, publicized talks with the Kingdom of Saudi Arabia (KSA) concerning plans of jointly developing a $9 billion multipurpose factor to create microchips, electric-vehicle components, in addition to a variety of different products.  People familiarized with the plan stated that the Saudi government is considering an offer from the Taiwanese electronics company […]

India Enters the Chip Manufacturing Race with Foxconn and Vedanta

India has taken a big step towards playing its role in the semiconductor manufacturing industry, with news that one of the world’s largest contract electronics manufacturer, Foxconn, will be working with steel company Vedanta in the South Asian country.   In a joint press release, Foxconn noted it had signed a memorandum of understanding (MOU) with […]

India’s Foxconn iPhone facility to reopen Jan 12

Foxconn, Apple Inc’s supplier, announced it would reopen its iPhone facility on January 12, in Southern India, according to Reuters. Late Friday, Tamil Nadu Chief Minister M K Stalin informed the state assembly for the area that the plant will resume work on Wednesday of this week, according to K Selvaperunthagai, a member of the assembly. […]

Smartphone producer Foxconn announces electric car venture

TAIPEI, Taiwan (AP) — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Monday to produce electric cars for auto brands under a similar contract model. Foxconn Technology Group will produce cars and buses for brands in China, North America, Europe and other markets, said its chairman, Young Liu. […]