Foxconn Technology Co Ltd
Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients
Fast Money Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients Published Sat, Apr 26 202511:07 AM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source
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Chip stocks lead European markets higher; ASML up 5% after Foxconn revenue jump
European markets gained ground on Monday, with chip firms leading gains, after a choppy start to the year for stocks. The Stoxx 600 had a mixed performance last week, though it ended 0.2% higher amid a rocky start to 2025 for stocks around the world. Mixed sentiment could continue this week as traders look for […]
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Foxconn chairman says AI investment boom ‘still has some time to go’ as language models evolve
Chairman of Foxconn Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18, 2023. I-hwa Cheng | AFP | Getty Images The boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of […]
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Apple supplier Foxconn’s second-quarter profit rises 6% on AI boom
Hon Hai Group’s headquarters in Taipei, Taiwan. Ceng Shou Yi | Nurphoto | Getty Images Apple supplier Foxconn reported on Wednesday a 6% rise in second-quarter net profit, driven by strong AI server demand as the company touted “strong growth momentum” from the technology boom. The Taiwanese company, the world’s largest contract electronics maker, said net profit for the […]
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The 4 Apple suppliers set to pop on iPhone 16 series launch: BofA
Tech giant Apple is expected to unveil its new iPhone later this year, and Bank of America has identified several stocks set to gain from the smartphone’s evolution. “Following stabilized smartphone demand, we turn positive on Apple supply chain, as we expect material design changes and AI function to drive a more sustainable upcycle in […]
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CNBC’s Inside India newsletter: The humble onion could be holding India’s economy hostage
A seller is arranging onions at a vegetable market in Nagaon district, in the northeastern state of Assam, India, on February 1, 2024. Nurphoto | Nurphoto | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big […]
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Modi’s government calls on Indian point out to glance into report on Foxconn choosing
Indian Primary Minister Narendra Modi’s governing administration on Wednesday explained it has asked the Tamil Nadu condition to post a “detailed report” soon after a Reuters tale uncovered that Apple provider Foxconn rejected married girls from Iphone assembly employment in the country. Satish Bate | Hindustan Situations | Getty Photos Indian Prime Minister Narendra Modi’s government on Wednesday […]
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Why Apple is betting big on India
“There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there,” Apple CEO Tim Cook said in May last year. His comments underscore one reason Apple has recently made an aggressive play to expand operations in India: the […]
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Veteran trader David Roche states the industry is having it mistaken on Taiwan's election outcome
Taiwan’s President Tsai Ing-wen speaks as Lai Ching-te, Taiwan’s vice president and the ruling Democratic Progressive Party’s (DPP) presidential candidate appears on for the duration of a campaign rally in advance of the elections in Taipei, Taiwan, January 11, 2024. Carlos Garcia Rawlins | Reuters Taiwan’s election final results put the island on a “collision […]
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Apple Iphone supplier Foxconn expects first-quarter revenue decrease
Apple’s Iphone 15 sequence equipment are exhibited for sale at The Grove Apple retail keep on release day in Los Angeles on Sept. 22, 2023. Patrick T. Fallon | AFP | Getty Illustrations or photos Apple supplier and direct Iphone assembler Foxconn on Friday described a income fall for the closing quarter of 2023 and […]
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