Then-Gov. Scott Walker and Foxconn in 2017 agreed to a $2.85 billion tax incentive package ― including state and local funds ― if the company met annual hiring and capital investment goals.
These days, electronics companies dipping their toes into the realm of the automotive industry is not exactly a foreign concept. While U.S. establishment automakers like Ford (F) struggle to ...
To get back to growth and mitigate risks, Foxconn Technology (FXCOF) is diversifying into new markets and products. Read why ...
Taiwan’s Foxconn 23170.84%increase; green up pointing triangle raked in a record amount of revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial ...
Foxconn holds a 34% stake in Japanese electronics company Sharp, which has been inching toward the automotive sector. This year, Foxconn and Sharp introduced an LDK+ (living, dining, kitchen ...
Foxconn, a Taiwanese electronics manufacturer, is best known for making iPhones in China. Yet in October it announced plans to build a megafactory in Mexico that will churn out servers made with ...
The company also forecast "significant growth" in first-quarter sales. Its shares opened higher on Monday in Taipei, last up 2.8% at NT$186.00. Foxconn's December sales rose 42% to NT$654.83 ...
Manufacturing giant Foxconn and Shenzhen-based humanoid robot company UBTECH announced on Wednesday that the two companies will establish a strategic partnership to advance the integration of ...
Foxconn beat the LSEG SmartEstimate of T$2.1 trillion. The company is the biggest assembler of Apple iPhones in the world, and it also has big tech clients like Nvidia as customers. The iPhone ...
The company, formally called Hon Hai Precision Industry, did not elaborate. It does not provide numerical forecasts. Foxconn's shares jumped 76% last year, outperforming by far a 28.5% rise for ...