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The Latest Breaking News from Foxconn

Foxconn Reports Sharp Rise In First-quarter Net Profit

The firm -- also known by its official name Hon Hai Precision Industry -- is the world's largest contract electronics manufacturer and assembles devices for several companies, most notably Apple's iPhones.

International Business Times

Biden Unveils $3.3B Microsoft Data Center Project On Former FoxConn Site

Pres. Joe Biden announced a $3.3 billion investment by Microsoft on the scaled-back Foxconn Wisconsin site that was backed by Trump.

International Business Times

Microsoft is investing billions into another major US AI data center — and its location is a slap in the face to Apple

Six years after Foxconn’s failure is Wisconsin, Microsoft is set to open a brand new data center creating thousands of jobs.

TechRadar

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Microsoft Invests .3 Billion In AI Training Hub In Wisconsin

Microsoft's .3 billion investment in AI data hub in Wisconsin to create jobs and foster technological innovation, supported by President Biden's visit an...

Top News

Biden Blames Trump For Failed Foxconn Project

President Biden secures .3 billion investment from Microsoft for new AI facility, contrasting with Trump's failed Foxconn project in Racine County.

Top News

Biden visits Wisconsin as Gaza, Trump dominate public attention - Roll Call

President Biden pushed his jobs agenda in Wisconsin on Wednesday as some Democratic lawmakers called for an end to Israel’s conflict in Gaza.

Roll Call

Microsoft will invest $3.3 billion in a Wisconsin AI datacenter, and President Biden is on-site to announce the news and take a shot at President Trump's Foxconn failures

Microsoft will invest $3.3 billion to create an AI datacenter in Racine County, Wisconsin. The new datacenter will be on the same site where Foxconn was supposed to drive $10 billion of investment into the area, though that plan was scaled back drastically.

Windows Central

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US says hold on weapons delivery won’t be a one-off if Israel presses ahead with Rafah city offensive – as it happened

US officials suggest already approved arms deliveries could be delayed and new shipments could face obstacles

The Guardian - US

Biden hits Trump with $3 billion Microsoft announcement in Wisconsin

The White House is inviting voters to make a comparison with former President Trump.

Axios

Apple's iPad dilemma — Cupertino needs new iPads more than you do

Our iPad event preview, Apple's earnings call, and more.

iMore

China-made server exports to US plummet — Taiwan, Mexico remain top server import suppliers

Servers exported from China to the U.S. has fallen from 18.8% in 2017 to 1.7% in 2023, while servers exported from Taiwan to the U.S. has grown 900%.

Tom’s Hardware

1 in 7 iPhones are now assembled in India as Apple continues to reduce its reliance on China

Buying a new iPhone means that there is a 1-in-7 chance that it will have been assembled in India these days, not China.

iMore

Budget-friendly AirPods, enhanced AirPods Max expected in fall 2024

Apple is expected to unveil new, more cost-effective AirPods. Read further on Dynamite News:

Dynamite News

Make AI servers in Mexico, US tech firms tell Taiwanese manufacturers

US tech giants are keen for their Taiwanese manufacturing partners to set up in Mexico. The idea has proven attractive to giants like Foxconn and others, says the report, and geopolitics aside, it looks like a savvy move to have manufacturing that much closer and to benefit from the attractive…

Tom’s Hardware

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Top News

Foxconn Shares Soar 9.5% On Q4 Profit Beat

Foxconn's Q4 financial results exceed expectations, leading to a 9.5% surge in shares, showcasing strong investor confidence.

Top News

Foxconn Optimistic For 2024 Due To AI Server Demand

Foxconn expects a successful 2024 with increased demand for AI servers, showcasing readiness for technological advancements.

International Business Times

Foxconn Logs Second Straight Quarter Of Profits As AI Demand Surges

Taiwanese tech giant Foxconn on Thursday reported a second straight quarter of profit growth, with the Apple supplier boosted by demand for AI hardware and infrastructure.

International Business Times

Foxconn Reports 33% Rise In Fourth-quarter Net Profit

Taiwanese tech giant Foxconn on Thursday reported a 33 percent jump in net profit during the final three months of 2023, marking the second straight quarter of growth for the Apple supplier.

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Top News

Foxconn Founder Terry Gou Resurfaces In High-Profile Appearance

Foxconn founder Terry Gou's appearance at a tech forum sparks interest and speculation in the industry.

Top News

Foxconn Forecasts Improving Future in 2024, Flags AI Chip Shortage

Foxconn, a major technology manufacturer, expects a slightly better 2024 but warns of a potential shortage in AI chips that could impact the industry.

TechRadar

A key part of Foxconn has been hit by the Lockbit ransomware

Foxsemicon has had its websites defaced by crooks claiming to have stolen 5TB of sensitive data.

The Independent UK

Taiwan's election is shaped by economic realities, not just Beijing's threats to use force

Beijing's threat to use force to claim the self-governed island of Taiwan isn't just about missiles and warships

International Business Times

High Tech Glove Stymies Parkinson's Disease Tremors

Roberta Wilson-Garrett looked at the glove keeping her right hand steady and smiled.

Fortune

Nvidia is trying to figure out its approach to China

On Monday, Nvidia announced new partnerships with four Chinese EV makers on automated driving.

The Hindu

Telangana CM Revanth holds meeting with Foxconn representatives

Chief Minister A. Revanth Reddy assures Foxconn of friendly policies & cooperation for industrial development in Telangana.

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