Foxconn will go ahead with a downsized US LED plant
After having a word with Donald Trump
Foxconn Technology Group will go ahead with plans to build a heavily government-subsidised plant in Wisconsin to make LCD after its chairman spoke with President Donald (Prince of Orange) Trump.
Foxconn rethinks US display deal
Global realities
Foxconn is rethinking its announced plans for a $10 billion display-making factory in Wisconsin because of "new realities" in the global marketplace.
Foxconn losing more staff
Facing a shortage
Foxconn is finding itself short of staff after it reduced numbers due to Apple’s cutbacks
Foxconn revenue drops
Cost of Apple dependence
Taiwan’s Foxconn reported an eight percent fall in its December revenue on Thursday presumably due to the failure of its key customer Apple to convince people to pay a third more for technology they pretty much already owned.
Apple and Foxconn to start building iPhones in India
Where no one can afford them
Fruity cargo cult Apple will begin assembling its top end iPhones in India through the local unit of Foxconn as early as 2019.
Foxconn denies peace in our time with Qualcomm
No surrender
The lead attorney for the group of Apple device assemblers seeking at least $9 billion in damages from Qualcomm said on Sunday the contract manufacturers are not in settlement talks with the mobile chip supplier and are “gearing up and heading toward the trial” in April.
Foxconn reveals huge cost of Apple dependence
Has to make $2.9 billion to avoid an annus horribilis
Foxconn is planning to cut $2.9 billion from expenses in 2019 as it faces "a very difficult and competitive year".
Foxconn misses estimates
Still rose by 18 per cent
Taiwan’s Foxconn, the world’s top contract electronics maker and a key Apple supplier, posted an 18.3 percent rise in third quarter net profit. This figure was well below what analysts had been expected.
Foxconn denies it is transferring Chinese workers to the US
Might upset the subsidy
A Wall Street Journal article claims Foxconn is looking to transfer some of its Chinese workers to Wisconsin in time for its new factory opening in Racine.
Foxconn scales back American plans
May not help “make America grate” after all
Foxconn has scaled back plans for the heavily subsidised Wisconsin Gigafactory.