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The Latest Breaking News from Foxconn

What does government support for fossil fuel subsidies cost our economy and environment?

Experts say government subsidies for private companies sustain the environmentally unsustainable, and lead to inequality and poor business practices.

ABC News

Apple Stock Slides On Report of iPhone Production U-Turn Amid Waning Consumer Demand

Just weeks after reportedly asking suppliers to prepared for a surge in iPhone demand, Apple is reportedly paring-back plans to boost production.

The Street

Apple starts production of iPhone 14 at Foxconn’s plant near Chennai

According to sources, the iPhone 14 manufactured from the Foxconn’s plant will be for both domestic and export markets

The Hindu

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Maharashtra’s loss is Gujarat’s gain

The loss of the Vedanta-Foxconn project has caused an uproar in Maharashtra

The Hindu

Ajit Pawar denies allegations that Vedanta decided to move project to Gujarat during MVA rule

The Eknath Shinde-led Maharashtra government and the opposition have been holding each other responsible for the multi-billion project going to neighbouring Gujarat.

The Hindu

PTT shifts gear to the EV industry

National oil and gas conglomerate PTT Plc wants to revamp its corporate image as a key manufacturer in the growing electric vehicle (EV) industry.

Bangkok Post

Foxconn strikes $19.4 bn deal to make chips in India

Mumbai (AFP) - Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local conglomerate Vedanta, backed by New Delhi's push to boost tech self-reliance after a global chip shortage.

AFP

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Vedanta, Foxconn sign MoU with Gujarat government to set up semiconductor unit in state

Vedanta and Foxconn to invest ₹1,54,000 crore to set up the facility in Gujarat

The Hindu

Apple Stock Edges Lower Ahead Of 'Far Out' iPhone 14 Launch Event

A new iPhone, fresh versions of the Apple Watch and updated AirPods are expected to highlight the tech giant's 'Far Out' autumn launch event.

The Street

Apple, Prepping New iPhone, Hits a Key Benchmark

Apple gets good news as it readies to roll out its next slate of mobile hardware.

The Street

Thai industry left at the altar

Heightened geopolitical tensions are tipped by some analysts and economists to trigger a spillover effect, with one possibility the relocation of industries to this region, including Thailand.

Bangkok Post

Gadgets: Apple planning to manufacture iPhone 14 models in India

According to GSM Arena, this news comes from a new Bloomberg report which also details Apple's plans to ramp up production with contract manufacturer Foxconn at its assembly plant near Chennai. Read more on Dynamite News:

Dynamite News

Apple plans to make iPhone 14 in India

Apple Inc plans to begin manufacturing the iPhone 14 in India about two months after the product's initial release out of China, narrowing the gap between the two countries but not closing it completely as some had anticipated.

Bangkok Post

Apple Supplier Foxconn to Invest $300 Mln More in Northern Vietnam

Apple supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production, state media said on Saturday. The Taiwanese company's new factory, on a plot of 50.5 hectares (125 acres)…

Asharq Al-Awsat

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The Street

Apple Preparing For iPhone 14 Launch On September 7 - Report

Bloomberg reported late Wednesday that Apple is eyeing a September 7 launch date for its new iPhone 14 series.

Asharq Al-Awsat

Report: Apple Suppliers to Make Apple Watch and MacBook in Vietnam

Apple Inc's suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar with the matter. Apple's Chinese suppliers Luxshare Precision Industry and iPhone assembler Foxconn have started test production of Apple Watch and MacBook in Northern…

InsideEVs

Foxconn To Build Monarch Electric Tractor At Ohio Plant From Q1 2023

The agreement with Monarch Tractor is Foxconn's first contract manufacturing deal after it finalized the plant acquisition from Lordstown Motors in May 2022.

The Hindu

Foxconn seeks competitive incentive proposal from State govt.

Foxconn Chairman Young Liu says he wishes to meet Tamil Nadu Chief Minister M.K. Stalin on setting up a EV manufacturing plant

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Benzinga

Benzinga Before The Bell: Elon Musk Sells $6.8B Tesla Shares, Nio Begins ES7 Test Drives, Coinbase Accused Of Misleading Investors And Other Top Financial Stories Wednesday, August 10

Wall Street Journal

The Street

Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn

Foxconn, Apple's main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand.

The Hindu

HC quashes case booked for a Facebook post related to Foxconn labour unrest

‘Criticism of government machinery will not attract offences under the Indian Penal Code’

The News Lens

Will Foxconn Pivot Away From China?

Aggressive local competition and rising geopolitical risk make the contract electronics manufacturing giant’s China dependency more precarious than ever.

InsideEVs

Fisker Poaches BMW US Plant Executive To Lead Global Manufacturing

Before joining Fisker, Alpay Uguz served as general manager of assembly for BMW X5, X6, X7 and Motorsport at BMW's SUV plant in Spartanburg, South Carolina.

The Hindu

Tamil Nadu makes EV pitch to Foxconn

Government officials meet chairman Young Liu and offer help in expansion

Benzinga

Key Apple Supplier Foxconn's Chief Meets India's PM Modi: EV Manufacturing Finds Mention

Hon Hai Precision Ltd. (OTC: HNHPF) Chairman Young Liu met the Indian Prime Minister Narendra Modi on Thursday as Apple Inc's (NASDAQ: AAPL) oldest and largest supplier continues

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