Foxconn: News
Foxconn's Q1 revenue jumps 30% YoY on strong AI demand
Taiwanese tech giant Foxconn, the world's largest contract electronics manufacturer and NVIDIA's biggest server supplier, has posted a massive 29.7% jump in its first-quarter revenue year-on-year.
Semiconductor manufacturing gets a ₹1.2L crore boost in India
The Indian government is gearing up to give a major push to its semiconductor sector, with the Finance Ministry approving an allocation of ₹1.2 lakh crore for the second phase of the India Semiconductor Mission (ISM 2.0).
PLI scheme proves highly effective for India
India has manufactured mobile phones worth ₹24 lakh crore ($250 billion) since FY 2020-21, largely due to the government's Production-Linked Incentive (PLI) scheme.
India's iPhone output may hit $70B amid export surge
Apple is expected to manufacture iPhones worth around $70 billion in India between FY22 and FY26.
Apple's Mac mini will soon be made in the US
Apple is shifting some of its Mac mini desktop computer production from Asia to the United States.
HCL, Foxconn to train engineers for India's semiconductor sector
HCL Group and Foxconn are teaming up to develop a skilled workforce for India's semiconductor ambitions.
Modi lays foundation stone for HCL-Foxconn semiconductor factory in UP
Prime Minister Narendra Modi laid the foundation stone of a new semiconductor chip manufacturing facility in Jewar, Uttar Pradesh yesterday.
Apple exports 1M+ AirPods from India as output scales
Apple has exported over a million units of its AirPods from India between August 2025 and January 2026.
How lower US tariffs could boost India's electronics exports
The United States has announced a major reduction in tariffs on Indian goods, a move that could have far-reaching implications for the global electronics and semiconductor industry.
India clears tax hurdles for Apple to expand iPhone production
Apple has received a major boost from the Indian government, just as it is looking to expand its manufacturing capabilities in the country.
OpenAI's 1st device could be a pair of earbuds
OpenAI, the company behind ChatGPT, is gearing up to launch its first-ever hardware device in the second half of 2026.
Apple's iPhone exports from India cross $50B milestone
Apple's iPhone exports from India have hit a new high, crossing the $50 billion mark under the government's Production-Linked Incentive (PLI) scheme.
India approves PLI proposals for 22 electronics projects worth ₹42,000cr
The Indian government has approved 22 investment proposals under the Electronics Component Production-Linked Incentive (PLI) scheme.
India's electronics sector created 1.3M jobs in 5 years
India's electronics industry, a key component of the Make-in-India initiative, has generated over 1.33 million jobs in the last five years.
Foxconn India hired 30,000 employees in under a year
Foxconn, the Taiwanese multinational and Apple's biggest iPhone manufacturer, has hired nearly 30,000 employees for its new iPhone assembly unit in Devanahalli near Bengaluru in just eight or nine months.
Tata Electronics to expand workforce to 75,000
Tata Electronics, a major player in India's electronics and semiconductor manufacturing sector, is on the fast track to growth. The company will soon match Foxconn's headcount in India.
NVIDIA working with Foxconn to bring AI into manufacturing operations
NVIDIA is partnering with Foxconn, also known as Hon Hai Precision Industry Co., to bring artificial intelligence (AI) into manufacturing and factory operations.
Apple suppliers expand India operations as iPhone exports hit $10B
Apple's key suppliers are rapidly expanding their operations in India, a move that aligns with the tech giant's strategy to diversify its supply chain away from China.
Apple's iPhone Air 2 is not coming anytime soon
Apple has delayed the launch of its next lightweight smartphone, the iPhone Air 2, as per The Information.
Stellantis, NVIDIA, Uber and Foxconn join forces for robotaxi service
Stellantis, the parent company of Jeep, Ram, Dodge, and Chrysler brands, has announced a new partnership with NVIDIA, Foxconn, and Uber to launch its own robotaxi service.
Apple to double AirPods production in India
Apple is gearing up to ramp up the production of its AirPods in India.
Foxconn denies ₹15,000cr investment in Tamil Nadu
Foxconn, the Taiwanese electronics giant, has refuted claims of a major investment in Tamil Nadu.
Here's why the foldable iPhone might cost less than expected
Apple's much-anticipated foldable iPhone could be more affordable than previously thought, according to TF Securities International analyst Ming-Chi Kuo.
Foxconn to invest ₹15,000cr in Tamil Nadu, generate 14,000 jobs
Taiwanese tech giant Foxconn has announced a massive investment of ₹15,000 crore in Tamil Nadu. The move is likely to generate as many as 14,000 new jobs in the state.
Foxconn's Q3 results: Revenue jumps 11% YoY to $67.7B
Foxconn, the world's largest contract electronics manufacturer, has posted a record third-quarter revenue.
Foxconn workers faced harsh conditions during iPhone 17 production: Report
A recent report by China Labor Watch has revealed that workers at Foxconn's Zhengzhou facility, a major Apple production partner, faced harsh working conditions while preparing for the launch of the iPhone 17.
Apple strengthens iPhone manufacturing in India with new machinery investments
Apple is fast-tracking its supply chain expansion in India, not just by sourcing components for iPhones but also by manufacturing the machinery needed to produce these devices locally.
India's smartphone exports cross ₹1 trillion mark
India's smartphone exports have crossed ₹1 trillion in the first five months of FY26, a jump of 55% from the ₹64,500 crore mark in the same period last year.
Apple all-in on iPhone 17 series production in India
Apple has officially introduced its latest iPhone 17 series, which includes four new models.
All US-bound iPhone 17 models will be made in India
Apple will manufacture all four models of its upcoming iPhone 17 series in India and ship them to the US, a Bloomberg report has said.
Why Apple is not Foxconn's biggest customer anymore
Foxconn, the Taiwanese tech giant known for assembling iPhones, has witnessed a major shift in its revenue streams.
SoftBank invests $2B in Intel, becoming 6th-largest shareholder
SoftBank Group has announced a major investment of $2 billion in Intel.
Foxconn is now making iPhone 17 in Bengaluru
Foxconn, the world's largest iPhone manufacturer, has started operations at its Bengaluru facility.
Why Trump's tariffs on India's electronics exports have been delayed
India's electronics sector, including Apple's suppliers, has been given a two-week respite from the proposed 25% tariffs by the US.
India's iPhone exports surge 53%, led by US demand
India's iPhone exports have witnessed a whopping 53% year-on-year (YoY) growth in the first half of 2025, according to data from Canalys.
iPhone 17 enters trial production in India ahead of September launch
Foxconn, Apple's major supplier, has started early-stage manufacturing tests for the upcoming iPhone 17 in India.
Apple bringing in foreign engineers to support Foxconn's India operations
Apple is activating contingency plans to tackle a growing labor crisis involving Chinese workers at its partner Foxconn's iPhone factory in India.
Foxconn posts record June sales on strong AI, cloud demand
Taiwanese manufacturing giant Foxconn has reported a record high in its sales for June.
Foxconn's Q2 revenue jumps almost 16%: What's the reason?
Foxconn, the world's biggest contract electronics manufacturer and Apple's biggest iPhone assembler, has reported a record revenue for the second quarter of this year.
iPhone maker Foxconn abruptly tells Chinese employees to leave India
In a surprising development, Foxconn has asked hundreds of its Chinese employees to leave its iPhone manufacturing facilities in India.
iPhone manufacturing in India to take a hit: Here's why
Foxconn Technology Group has recalled hundreds of its Chinese engineers and technicians from its iPhone factories in India.