News - subcat

Foxconn signs $37 million chip deal in India
Published in News
Thursday, 18 January 2024 11:21

Foxconn signs $37 million chip deal in India


New chip packaging and testing business 

Foxconn is teaming up with Indian software and engineering firm HCL Group to set up a chip packaging and testing business in India in a deal worth $37.2 million.

Foxconn expects electronics sales to fall
Published in News
Monday, 14 August 2023 11:02

Foxconn expects electronics sales to fall


Apple supplier sees profits slow

Apple supplier Foxconn reported a one per cent drop in second-quarter net profit, as global economic woes hurt demand for smart consumer electronics.

Foxconn profits fall
Published in PC Hardware
Friday, 05 May 2023 12:07

Foxconn profits fall


Could get worse, but not worth flinging yourself off a building over 

Foxconn saw its revenue fall 11.77 per cent year-on-year due to weakness in smart consumer electronics and expects business to drop even more this quarter.

Apple and Foxconn get Karnataka to water down labour laws
Published in News


Wants to treat workers like it did in China 

Apple and Foxconn, the technology giant's manufacturing partner, have successfully lobbied for landmark labour law reforms in the south Indian state of Karnataka which will enable them to treat workers like they did in China.

Foxconn revenues slump
Published in News
Monday, 06 March 2023 11:32

Foxconn revenues slump


Nothing to do with Apple

Foxconn, Apple's biggest supplier and contract manufacturer, has seen a slump in revenue due to weaker demand for electronics in February 2023, but the Tame Apple Press has made no mention of Jobs' Mob's sales slumping as being the cause.

This is the end: Foxconn moves to Vietnam
Published in News
Thursday, 16 February 2023 11:48

This is the end: Foxconn moves to Vietnam


Preparing for Chinese apocalypse now

Foxconn has signed a $62.5 million lease on 45 hectares of land in Vietnam and it continues to shift out of China.

iPhone city workers riot with police
Published in Mobiles
Thursday, 24 November 2022 10:03

iPhone city workers riot with police


Foxconn accused of not changing wages and mixing infected and uninfected workers 

Hundreds of Foxconn workers in China's Zhengzhou district violently clashed with police after the company changed contracts to reduce their salary and mixed workers infected with Covid with those who were not.

Foxconn moves more operations away from China
Published in News


Wants to avoid zero Covid policy

Foxconn has had a gutsful of China’s zero covid policy and is moving some of its operations to a country which still has cheap labour but whose government does not shut down a region when a worker gets a snuffle.

Workers too terrified to make iPhones after Covid scare
Published in Mobiles


Foxconn locked them in for two weeks

Workers are fleeing the Foxconn in China’s Zhengzhou and swearing that they will never return after being locked in for two weeks under China’s tough zero Covid policy.

Foxconn invests $19.4 billion to make semiconductors in India
Published in News


China gets problematic 

Foxconn will invest $19.4 billion to make semiconductors in India and will work with the mega mining outfit Vedanta to make it so.