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TAIPEI, Nov 14, 2023 (AFP) Taipei’s national security chief has said a Chinese tax probe into Taiwan tech giant Foxconn is “political”, as its billionaire founder Terry Gou is running for president of the democratically ruled island. Gou, who gave up Foxconn’s management reins four years ago, launched his presidential bid in August as an independent candidate in Taiwan’s January polls. Chinese state-run Global Times reported last month that Foxconn — one of the world’s […]
TAIPEI, Oct 23, 2023 (AFP) – Taiwan defended tech giant Foxconn on Monday after China launched an investigation into several of the firm’s sites, saying that Taiwanese businesses should not be subjected to “political interference”. Chinese authorities are inspecting Foxconn’s sites in southern Guangdong province and Jiangsu in the east, as well as carrying out on-site investigations into the company’s land use in central Hunan and Hubei provinces, China’s state-run Global Times reported Sunday. It […]
TAIPEI, Oct 18, 2023 (AFP) – Taiwanese tech giant Foxconn and US hardware leader Nvidia said Wednesday they would team up to create “AI factories”, powerful data processing centres that would drive the manufacturing of next-generation products such as electric cars. The world’s largest contract electronics maker, Foxconn — officially known as Hon Hai Technology Group — already plays a lynchpin role in assembling gadgets for top global brands, including Apple’s iPhone. But it has […]
Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China. Also known by its official name, Hon Hai Precision Industry, Foxconn is the world’s biggest contract electronics manufacturer and a principal assembler of Apple iPhones. Both companies are seeking to diversify away from China, where much of their […]
Beijing, China (AFP) China has ordered six million people into lockdown in a city where violent protests broke out at an iPhone factory over Covid isolation policies and working conditions. Hundreds of workers took to the streets around the vast iPhone factory in Zhengzhou on Wednesday, confronting hazmat-clad personnel wielding batons in a rare display of public anger in China. In the wake of the unrest, Zhengzhou authorities ordered mass testing and an effective […]
BEIJING, China (AFP) — China has ordered six million people into lockdown in a city where violent protests broke out at an iPhone factory over Covid isolation policies and working conditions. Hundreds of workers took to the streets around the vast iPhone factory in Zhengzhou on Wednesday, confronting hazmat-clad personnel wielding batons in a rare display of public anger in China. In the wake of the unrest, Zhengzhou authorities ordered mass testing and an effective […]
TAIPEI, Taiwan (AFP) — Workers making iPhones at tech giant Foxconn’s plant in central China will be quarantined for up to two weeks, the company said Thursday, as cities on the mainland tighten their defences against the deadly coronavirus outbreak. Also known by its official name Hon Hai Precision Industry, Foxconn is the world’s biggest contract electronics maker and assembles Apple’s iPhones as well as gadgets for other international brands. Foxconn’s vast network of […]
BEIJING, China (AFP) — Apple and its supplier Foxconn admitted they have been using too many temporary workers to staff an iPhone factory in central China, as a labour rights group accused them Monday of a number of workers rights violations. China Labor Watch said it had its investigators working inside the factory in the central Chinese city of Zhengzhou — which makes around half of the iPhones produced worldwide — assessing working conditions […]
SHANGHAI, China (AFP)- A unit of electronics manufacturing giant Foxconn soared by the maximum allowable 44 percent in its stock debut in Shanghai on Friday to become the most valuable tech company listed in mainland China. Foxconn Industrial Internet, which makes electronic devices, cloud service equipment, and industrial robots, ended the day with a market value of $61 billion after the biggest IPO in China in nearly three years. The company closed at 19.82 yuan per […]
WASHINGTON, United States (AFP) — President Donald Trump on Wednesday unveiled a $10 billion United States investment by Apple supplier Foxconn to build a plant in Wisconsin. The businessman-turned-president made the announcement side by side with the Taiwanese tech giant’s CEO Terry Gou, as he tried to show his “America First” economic rhetoric is making a difference. Trump said the plant — which will make LCD panels — will create at least 3,000 jobs in […]
