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Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, reported a nearly 40% jump in second-quarter revenue, driven by strong demand for artificial intelligence (AI) infrastructure and a rebound in its consumer electronics business. The company, the biggest AI server supplier to Nvidia and Apple’s largest iPhone assembler, posted April-June revenue of T$2.513 trillion ($78.71 billion),…
Last Updated:October 15, 2025, 09:25 IST Foxconn has clarified that it has not discussed any new investment with the Tamil Nadu government, contradicting TRB Rajaa’s claim of a Rs 15,000 crore deal and 14,000 jobs. The Foxconn logo is seen during the Hon Hai Tech Day at the Nangang Exhibition Center in Taipei, Taiwan (AP)…
New Delhi: Apple saw its iPhone exports from India rise almost 63 per cent to $7.5 billion in the April-July period this year, from $4.6 billion in the same period last fiscal (FY25), according to latest industry data. Overall smartphone exports also surged to a new high of $10 billion in the first four month…
Apple has set a new benchmark in smartphone manufacturing in India. The company achieved the fastest ever growth in iPhone production as well as exports during the first half of 2025, the government said on Thursday. “Apple harvests record iPhone output from its India orchard,”, the Prime Minister’s Office (PMO) posted on social media platform…
New Delhi:Almost all the iPhones that Foxconn exported from India between March and May 2025 went to the United States, according to customs data reported for the first time by Reuters. This is a big jump from last year, when only about half of these phones were sent to the U.S. Before, Indian-made iPhones were…
Days after US President Donald Trump urged Apple CEO Tim Cook to halt iPhone production in India and bring manufacturing back to the United States, Apple supplier Foxconn has announced a fresh $1.5 billion investment in its India unit. The Taiwan-based electronics manufacturer confirmed the move in a filing to the London Stock Exchange, as…
Quick Read Summary is AI generated, newsroom reviewed. Young Liu predicts AI will eliminate low-end manufacturing jobs. Liu emphasizes the need for developed countries to monitor this AI impact. Foxconn is developing FoxBrain to integrate AI models for specific applications. Young Liu, the chief executive officer and chairman of Foxconn, has predicted that artificial intelligence…
Hindi News Business Apple IPhone Maker Foxconn Tells Recruiters To Stop Using Age, Gender, Marital Status Restrictions In Job Listings New Delhi3 minutes ago copy link Apple supplier Foxconn has directed its recruitment agents in India to stop using age, gender and marital status criteria in job advertisements for iPhone assembly workers. This information has…
Mumbai6 minutes ago copy link iPhone maker Apple will provide 2 lakh direct jobs in India by March next year. 70% of these jobs will be for women. Apple and its suppliers in India have given these figures to the central government. Actually, Apple wants to reduce its dependence on China in terms of production…
File photo SRIPERUMBUDUR: Foxconn’s chairman on Saturday defended its hiring practices after New Delhi ordered investigations following a Reuters report that the Apple supplier rejects married women from iPhone assembly jobs. “Foxconn hires regardless of gender, but women make up a big part of our workforce here,” Young Liu said during the opening ceremony for…