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Foxconn to Establish Amazon Production Center in China

Prei Dy |

May 01, 2017 06:40 PM EDT

Foxconn is planning to build a production center in Hengyang, central China to produce devices for Amazon.

Foxconn to Replicate Apple Manufacturing in India

Theena Ocay |

Jan 02, 2017 05:46 PM EST

Foxconn is set to open its first Apple manufacturing store in India, which is likely to be announced on the upcoming Vibrant Gujarat Global Summit 2017 scheduled to take place in Gandhinagar between Jan. 10 and 13, according to Money Control.

Foxconn Plans to Build $8.8 billion LCD Panel Factory.

Foxconn Plans to Build $8.8B LCD Panel Factory in China’s Guangzhou

Girish Shetti |

Dec 30, 2016 06:35 PM EST

The Taiwan based Foxconn Technology Group aims to build an $8.8 billion television flat-panel factory in China's south-eastern city of Guangzhou. The new plant will manufacture advanced liquid-crystal (LCD) displays that will be outsourced from Sharp Corp.

Former Foxconn senior manager is facing charges for allegedly stealing and selling more than 5,000 iPhones worth $1.56 million,

Foxconn Manager Faces Up To 10 Years in Jail For Stealing 5,700 iPhones

Phenny Lynn Palec |

Dec 05, 2016 07:30 AM EST

A former senior level Foxconn manager was indicted by Taiwanese prosecutors on Dec. 2 on accusations of allegedly stealing and selling more than 5,700 iPhone units. Court documents reveal that the Foxconn manager sold the stolen iPhones in China, which cost around $1.56 million.

Apple VP Greg Joswiak announces the new iPhone SE during an Apple special event at the Apple headquarters on March 21, 2016 in Cupertino, California.

Apple to Move iPhone Production from China to US: Report

Charissa Echavez |

Nov 19, 2016 06:18 AM EST

Apple is reportedly moving its iPhone production from China to US, according to Japanese newspaper Nikkei Asian Review.

Terry Gou, CEO of Foxconn Technology group speaks during the news conference on June 18, 2015 in Chiba, Japan.

Foxconn Installs 40,000 'Foxbots' in China: Report

Charissa Echavez |

Oct 05, 2016 11:56 PM EDT

Foxconn, Apple's main assembly supplier, has by far installed 40,000 production robots in China, as it looks to reduce the number of its employees.

Foxconn had invested $119.9 million in Chinese ride-hailing company Didi Chuxing Technology Co.

Foxconn Invests in Uber's Rival Didi Chuxing

Ellie Froilan |

Sep 09, 2016 12:12 PM EDT

Didi, the "Uber of China," has received a new investment from Foxconn Technology Group, boosting the four-year-old Chinese ride-hailing company’s position as the second most valuable venture-backed private company in Asia.

Foxconn Confirms Death of 2 Workers at Zhengzhou Plant

Girish Shetti |

Aug 22, 2016 01:03 PM EDT

The world's largest contract electronics manufacturer, Foxconn Ltd, on Monday confirmed the death of two workers at its Zhengzhou factory, which is primarily used to make parts for Apple devices;

Foxconn Completes $3.8B Acquisition of Sharp

Charissa Echavez |

Aug 13, 2016 01:30 PM EDT

Apple's partner Foxconn Technology Group completed its $3.8 billion acquisition of electronics manufacturer Sharp Corp. on Friday, after getting the approval of Chinese anti-monopoly officials.

Xiaomi is planning to open 200-300 retail stores to broaden its appeal to older Chinese customers and families.

Xiaomi Announces Partnership With Just Buy It, InnoConn

Phenny Lynn Palec |

Jul 11, 2016 06:36 PM EDT

As part of the company's effort to capitalize on its offline sales, Chinese tech giant Xiaomi has announced that it is partnering with two companies. The two companies are InnoConn, which is a Foxconn unit, and Just Buy Live, which is an online marketplace based in India.

Xiaomi Redmi Note 3 has been sold over a million units in India.

Xiaomi to Join Foxconn to Open new Manufacturing Unit in India

Ellie Froilan |

Jul 05, 2016 02:25 PM EDT

Xiaomi plans to set up a new manufacturing unit in India in partnership with Foxconn.

Softbank Announces June 20 Commercial Launch Of Pepper Humanoid

Foxconn Replaces 60,000 Workers With Robots in China

Charissa Echavez |

May 26, 2016 04:56 PM EDT

Electronics manufacturing firm Foxconn has allegedly replaced some 60,000 factory workers in China with robots.

Microsoft to Sell Nokia Lumia Unit to Foxconn: Reports

Charissa Echavez |

May 18, 2016 01:41 PM EDT

Microsoft is planning to give up its Lumia business and sell Nokia to Foxconn.

Taiwanese Company Foxconn Acquires Sharp in $3.5 Billion Deal

Aaron Case |

Apr 03, 2016 11:15 AM EDT

Taiwanese company Foxconn completed its acquisition of Japanese electronics manufacturer Sharp yesterday, signing a US$3.5 billion deal that will give them control of 66 percent of the company.