A startup based out of San Diego and Taipei is quietly nailing fundings and deals from some of the biggest names in electronics. Kneron, which specializes in energy-efficient processors for edge artificial intelligence, just raised a strategic...
Related topics: Qualcomm, Startup
Apple supplier Foxconn has been granted a license to construct a new $270 million plant in Vietnam, likely to manufacture MacBooks and iPads (via Reuters).
The new plant, to be developed by Fukang Technology, will be located in the...
Related topics: Apple, MacBook, Ipad, Tablets, Reuters
Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were trading lower on Friday, after one of the company's co-founders was named CEO of Foxconn's new electric-vehicle business. As of 10:30 a.m. EST, NIO's American depositary shares were...
Related topics: US Equity Markets
Taiwan is known for being a tech powerhouse, the headquarter of companies like Foxconn, Pegatron, TSMC, Acer and Asus. But while Taiwan’s tech industry is defined by well-established players, it is also home to a growing startup scene. Ahead of...
Related topics: Startup
Strong iPhone 12 demand was credited with Foxconn reporting record revenues earlier this week, and now the same is true of TSMC. Apple’s chipmaker reported record revenue for December.
TSMC’s share price also hit a record high today in...
Related topics: Apple (AAPL)
Foxconn will help build Byton's M-Byte.
Related topics: Apple, Iphone, Mobile Technology, Startup
Two prototype foldable iPhones have passed internal tests for durability, according to Taiwanese website Economic Daily News.
Tests of an Apple-designed folding hinge system for two different iPhones were reportedly recently completed at the...
Related topics: Iphone, Mobile Technology, Apple
Two years after Taiwanese tech giant Foxconn broke ground in Wisconsin, the massive LCD factory and accompanying tech campus the company promised to build in exchange for $3 billion in state subsidies does not exist and "probably never will," The...
A man walks past an office building with the Foxconn name displayed outside on Wednesday, May 8 2019 in Milwaukee, Wisconsin. Foxconn is a electronics contract manufacturing company, which is constructing a plant in south eastern Wisconsin creating...
[As in many previous cases, government officials promised huge economic gains from seizing property for transfer to private interests - but failed to deliver.]
Back in 2017, politicians promised enormous economic benefits from condemning numerous...
In a bid to diversify its geographic risk, Apple (NASDAQ: AAPL) has asked its largest production partner, Foxconn, to shift some of its iPad and MacBook assembly work out of China and into Vietnam, Reuters reported last week.The move comes as trade...
Related topics: Apple (AAPL), China, Vietnam, Nasdaq, US Equity Markets, Reuters
It’s long past time that Wisconsinites demand a recount … of the money their leaders wasted on the world’s most famous economic development boondoggle. Three years ago this month, with presidential politics at the forefront, the state entered...
Apple Orders Foxconn To Shift Some MacBook and iPad Production From China To Vietnam
Tyler Durden
Thu, 11/26/2020 - 09:15
According to sources cited by Reuters, Foxconn, formally known as Hon Hai Precision Industry, has been...
Related topics: Reuters
Photo by Alexander Kramer for The Verge
Apple has asked Foxconn to move some iPad and MacBook manufacturing capacity to Vietnam, Reuters reports. The assembly lines are set to start production in the first half of next year at Foxconn’s...
Related topics: China, Vietnam, World Photos, Reuters
Apple CEO Tim Cook.
MANDEL NGAN/AFP via Getty Images
Major Apple supplier Foxconn is moving some production of the iPad and Macbook from China to Vietnam, a source told Reuters.
The source said Apple requested the move as a way of making its...
Related topics: China, Vietnam, Reuters
The beleaguered Wisconsin factory had been touted as a key to bringing manufacturing back to the US.
Related topics: Google, Servers
Photo by Brendan Smialowski / AFP via Getty Images
Foxconn is reportedly planning to assemble Google server components at its beleaguered Wisconsin factory. According to Bloomberg, Foxconn landed a deal with Google and is establishing...
Related topics: Google, World Photos, Bloomberg
Come 2022, your iPhone may in fact feature a nifty folding screen.
According to supply chain reports from sources close to the story, long-term Apple partner Foxconn has begun testing a folding iPhone for Apple that could ship in September 2022....
Related topics: Technology Rumors, Iphone, Mobile Technology, Apple
In 2018, President Donald Trump teamed up with then–Wisconsin Governor Scott Walker (R) to offer $4.5 billion in subsidies and tax incentives to the Taiwanese manufacturer Foxconn in exchange for building a 20-million-square-foot factory in the...
Related topics: Donald Trump, Taxes
The relationship between longtime partners Apple and Foxconn is eroding due to a battle over profit margins, according to a new report from The Information. While Apple's gross profit margins are close to 40 percent, Foxconn's profit margins are in...
Related topics: Apple (AAPL)