Photo: Jose Luis Gonzalez (Reuters) For many, hearing the name Foxconn immediately brings to mind iPhone production. It’s true, the Taiwanese company is a major producer of Apple’s smartphones and other products. But it also makes something companies like Nvidia, Amazon, and more are in high demand of: AI-related hardware. And Big Tech companies in … Read more
Dell, HP, Lenovo and Foxconn are among the 27 companies that have received approval from the Centre to manufacture laptops, computers and servers in India under the government’s Production Linked Incentive (PLI) scheme for IT hardware. “Twenty-three of these companies are ready to start manufacturing on day zero. And four companies will start within 90 … Read more
The world’s biggest producer of iPhones is going to outer space. Two prototype low-Earth orbit satellites made by Hon Hai Precision Industry Co., better known as Foxconn, took off aboard a SpaceX rocket from Vandenberg Space Force Base in southern California on Saturday. The launch of the LEO satellites marks a key moment for the … Read more
Hon Hai Precision Industry Co.’s October sales slid, reflecting uncertainty in its business after Beijing launched an investigation into the world’s biggest iPhone assembler. Apple Inc.’s most important partner, also known as Foxconn, reported a 4.6% decline in October revenue to NT$741.2 billion ($23 billion). It’s also sticking with a “significant growth outlook” for the … Read more
Key iPhone assembler Hon Hai Precision Industry Co. said it will collaborate with Chinese authorities on unspecified probes, following a report that officials are conducting tax audits and reviewing land use by parent Foxconn Technology Group Co. Tax authorities are conducting checks on Foxconn subsidiaries in Guangdong and Jiangsu provinces, the state-run Global Times said … Read more
Taipei CNN — Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up efforts to become a major global player in electric car manufacturing. Foxconn Chairman Young Liu and Nvidia CEO Jensen Huang jointly announced the plans on Wednesday in … Read more
Gadgets Now Bureau 06 Aug, 2023, 07:28AM IST Government has announced a licensing regime for import of laptops, tablets and personal computers. The new rules will come into effect from November 1. Reliance Retail launched its cheapest laptop so far, JioBook. Data Protection Bill 2023 presented in Lok Sabha. Apple announced its quarterly results and … Read more