Taiwan's Foxconn , the world's largest contract electronics maker and Apple's biggest iPhone assembler, on Thursday reported revenue for August rose 32.8% year-on-year.
Foxconn's chairman on Saturday defended its hiring practices after New Delhi ordered investigations following a Reuters report that the Apple supplier rejects married women from iPhone assembly jobs.
Indian Prime Minister Narendra Modi met Foxconn Chairman Young Liu to discuss the latter's investment plans on Wednesday, weeks after New Delhi started investigating possible discriminatory hiring practices at a Foxconn plant following a Reuters report.
Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers.
Taiwan's Foxconn plans to invest 1 billion yuan ($137.5 million)to construct a new business headquarters in Zhengzhou, China, according to a statement on Wednesday.
Taiwan's Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, reported on Friday its second-quarter revenue jumped 19% year-on-year, and predicted third-quarter revenue would rise year-on-year.
Foxconn Singapore has been awarded a licence to invest $551 million in two projects to produce smart entertainment products and smart-system equipment in Vietnam's northern province of Quang Ninh, state media reported.
Indian labour officials visited a Foxconn factory in the country's south this week and questioned executives about the company's hiring practices, an official said, after Reuters reported that the major Apple supplier has been rejecting married women from iPhone assembly jobs.
India's human rights watchdog said on Monday it had asked government officials to examine reported discrimination by Foxconn, after a Reuters investigation found the major Apple supplier has been rejecting married women from iPhone assembly jobs in the country.
India's opposition Congress urged Prime Minister Narendra Modi's government on Saturday to question Foxconn about its hiring practices after Reuters reported that the Apple supplier rejects married women from iPhone assembly jobs in the country.
The Biden administration has designated Wisconsin as home to one of 31 regional Tech Hubs authorized under the CHIPS and Science Act, with a focus on bio-health. Backers say the effort could create 30,000 jobs over 10 years, and spur $9 billion in economic development.
Foxconn Singapore has been awarded a licence to invest $383 million in a factory to produce printed circuit boards in Vietnam, state media reported on Monday.