Hon Hai will defend its leading position in the iPhone assembly supply chain as new entrant Luxshare suffers from weak production yields and struggles to gain market share. Hon Hai is forging a strong ...

Manufacturer to the stars Foxconn is building so many AI servers that they’re now bringing in more cash than consumer ...

Foxconn has hit a turning point. For the first time, it has made more money from building AI servers than from assembling ...

Dow Jones Top Company Headlines at 5 PM ET: The U.S. Is Discussing Taking a Stake in Intel | Applied ... The deal talks follow President Trump's public call for the replacement of CEO Lip-Bu Tan over ...

Foxconn, also known as Hon Hai Technology Group, reported a 27% rise in quarterly profits as demand for AI servers grows. The ...

Hon Hai Precision Industry Co. posted a better-than-projected 27% rise in profit over the June quarter and projected accelerating sales growth from its key AI server business.

Foxconn expects AI-server revenue to surge more than 170% year-over-year this quarter as demand for Nvidia (NASDAQ:NVDA ...

Taiwan’s Foxconn, the world’s largest contract electronics maker, is expected to report on Thursday that second-quarter profit rose 11 percent on continued strong demand for artificial intelligence ...

India’s largest shoemaker Farida Group had already staked out the land—a 150-acre plot in southern Tamil Nadu—for a sprawling ...