Hon Hai Precision Industry Co., Ltd. (HNHPF)
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iPhone maker Foxconn joins $1 trillion AI data center market with new alliance
Foxconn said it will take a 10% stake in TECO Electric & Machinery Co as part of a share swap. The two companies are teaming up to bring their expertise together to effectively create a one-stop-shop for anyone looking to set up an AI data center.
Foxconn says it will hold a press conference with TECO Electric on Wednesday
Taiwan's Foxconn said it will hold a press conference with Taiwanese industry motor maker TECO Electric & Machinery Co at 3:30 p.m. (0730 GMT) on Wednesday.
Foxconn second quarter revenue rises 15.82% on year
Taiwan's Foxconn , the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Saturday reported second quarter revenue rose 15.82% from the same period last year to a record for the quarter.
Foxconn Pulls Chinese Staff from India
iPhone builder Foxconn has pulled Chinese staff from India, according to sources. Bloomberg's Dana Wollman discusses the hurdle this creates for Apple with Caroline Hyde and Ed Ludlow on "Bloomberg Tech".
Foxconn tells hundreds of Chinese staff to return from its Indian iPhone factories
Apple's biggest assembly partner Foxconn has ordered more than 300 of its Chinese employees to return home from its iPhone factories in India, Bloomberg reported, citing anonymous sources.
Exclusive: Nvidia, Foxconn in talks to deploy humanoid robots at Houston AI server making plant
Taiwan's Foxconn and U.S. artificial intelligence chips maker Nvidia are in talks to deploy humanoid robots at a new Foxconn factory in Houston that will produce Nvidia AI servers, two sources familiar with the matter said.
Foxconn Reassures Shareholders Amid Cloudy Outlook
The Taiwan-based company plays an increasingly important role in building AI servers for U.S. tech giants such as Amazon and Nvidia.
Nvidia, Foxconn to Build AI Factory in Taiwan
Nvidia is deepening its partnerships with Taiwanese companies, including working with Foxconn to build an AI factory supercomputer.
Foxconn Posts Strong Profit but Lowers Guidance Amid Tariff Risks
The Taiwanese company reported strong first-quarter results but cut its annual guidance as the world's largest contract electronics manufacturer braces for potential headwinds from newly imposed U.S. tariffs.
Foxconn expected to post strong Q1 profit growth on AI server demand
Taiwan's Foxconn , the world's largest contract electronics maker, is expected to report on Wednesday that first-quarter profit leapt 72% on continued strong demand for artificial intelligence servers.
Hon Hai Precision: Anticipating A Strong Q1 And An Above-Expectations Q2 (Rating Upgrade)
My rating for Hon Hai is raised to a Buy; I have made this decision considering favorable expectations of 1Q25 results and positive updates from its key customer. I anticipate that HNHAF would have registered robust topline expansion and meaningful margin improvement in the first quarter. HNHPF's second quarter results should also surpass expectations, as tariff headwinds aren't as bad as feared.
Foxconn reports record first-quarter revenue
Taiwan's Foxconn , the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Saturday that its first-quarter revenue jumped 24.2% to a record high for the quarter.
