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#Foxconn

Every story tagged #Foxconn on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

23 stories in this topic

foxconn workers
Electronics
1 min read

Apple supplier eyes $300-mln plant in northern Vietnam

Apple supplier Foxconn has leased 50.5 hectares of land in the northern province of Bac Giang and plans to set up a $300-million factory there. The plant will employ 30,000 people, according to a statement of industrial property developer Kinh Bac City, which…

foxconn
Electronics
2 min read

Taiwan Weighs Foxconn Fine For China Chip Investment

Taiwan’s government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval, two sources briefed on the matter said on Friday. Foxconn, the world’s…

7ea2a063af6741528d24b064d76edea6
1 min read

Apple supplier eyes Vietnam expansion

Apple iPhone assembler Pegatron Corp emphasizes its expansion in other countries, including Vietnam, to reduce its dependence on China following the strict Covid-19 lockdowns there. “We faced Covid controls for two months. We couldn’t have assessed that in…

foxconn workers
Electronics
1 min read

Apple suppliers competing for workers in Vietnam

Apple’s major Chinese suppliers are competing for Vietnamese workers as they seek to expand operations outside their country. Young Liu, chairman of Foxconn’s flagship unit Hon Hai Precision Industry Co., told reporters in Taipei Saturday that his firm’s…

foxconn
Electronics
2 min read

Taiwan’s Foxconn Discussing Electric Vehicle Plant In Wisconsin

Taiwan’s Foxconn said on Friday it was in talks with the U.S. state of Wisconsin about building electric vehicles there, part of the major Apple Inc supplier’s push to diversify income streams. Foxconn and electric car manufacturer Fisker Inc said in May that…

foxconn workers
Electronics
1 min read

Foxconn Invests $36 Million In EV Partnership With Gigasolar

Taiwan’s Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials. Foxconn, Apple’s main iPhone maker, said the investment via a private placement through a…

LG Electronics
Electronics
3 min read

Vietnam a global bright spot in electronics production

Vietnam stands to benefit from its emergence as a global bright spot in electronics production with some index scores exceeding China and India. Experts attribute this to lower labor costs and better policy incentives. Jason Yek, Asia country risk senior…

foxconn
Telecom
1 min read

Foxconn eyes development of $319 million workers housing

Taiwan’s Foxconn wants to build housing for workers in northern Vietnam and has made a proposal to the government. The world’s largest contract manufacturer, a contractor for Apple and other global giants seeks to develop three housing projects at a cost of…

foxconn
Electronics
1 min read

iPhone maker Foxconn reports that March revenue is 60% up

The notorious electronics manufacturer has reported a rise in revenue for March 2020, equating to 59.9%. After having to stop most of its production during the initial breakout of coronavirus in China, Foxconn has been steadily going back to its normal…