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The Latest Breaking News from Foxconn

Argentina's economy takes centre stage in presidential election

Voters in Argentina have picked two candidates for November's presidential run-off, as the country faces economic turmoil. Centre-left economy minister Sergio Massa will be facing libertarian populist Javier Milei, and the pair have very different views on how Argentina's economy should be handled. We take a closer look. Also, Chinese…

France 24

Stocks Set to Open Lower as Investors Await Key U.S. Inflation Data and Big Tech Earnings

December S&P 500 futures (ESZ23) are down -0.76%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.92% this morning as the benchmark U.S. 10-year yield hit 5% for the first time since 2007 while market participants geared up for earnings reports from some of the biggest tech heavyweights as…

Barchart

China launches tax investigations into Apple iPhone maker Foxconn

Tax audits and land use inquiries follow company founder announcing run for Taiwan presidency

The Guardian - UK

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UK borrowing costs hit new 25-year high; Chinese stocks fall to pre-pandemic level – as it happened

Rolling, live coverage of business, economics and financial markets as British bond yields rise amid expectations of stubbornly high interest rates

The Guardian - UK

Apple supplier Foxconn subjected to tax inspections by Chinese authorities

Chinese state media report that Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities

The Independent UK

Taiwan presidential hopeful offers pets for pregnancies in push to boost birth rate

Terry Gou, who entered the race last week, said the island’s demographic crisis could be solved by giving expectant parents a cat or dog

The Guardian - AU

Aspiring Taiwan presidential candidate Terry Gou resigns from board of Apple supplier Foxconn

Aspiring Taiwanese independent presidential candidate Terry Gou has resigned from the board of Foxconn, the Apple supplier he founded nearly a half-century ago

The Independent UK

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Morning Digest | China releases new official map, showing territorial claims; Assam Rifles files defamation suit against Manipur politician, and more

Read a daily selection of top stories from across India and the world by The Hindu to start your day

The Hindu

Foxconn’s billionaire founder seeks presidency of Taiwan to stop island from becoming ‘the next Ukraine’

Foxconn founder Terry Gou enters a crowded race to replace outgoing Taiwan president Tsai Ing-wen, pledging improved ties with China and greater economic growth.

Fortune

iPhone 15 battery predictions: rumored battery sizes and charging speeds

We have predictions for the battery capacities, longevity, and charging speeds of every iPhone 15 model.

TechRadar

Foxconn billionaire Terry Gou announces Taiwan presidential bid

Gou will run as an independent after losing the race to be the candidate for the opposition Kuomintang.

Al Jazeera

Foxconn founder Terry Gou announces run for Taiwan presidency, pledging to fix China ties

The billionaire has touted his business experience, saying it was the ‘era of entrepreneurs’ rule’

The Guardian - AU

Foxconn billionaire Terry Gou says he will seek Taiwan's presidency as independent candidate

Terry Gou, the billionaire founder of Foxconn, says he will run as an independent candidate for president in Taiwan’s 2024 election, ending months of speculation

The Independent UK

New iPhone 15 production has already begun — and more details just leaked

A regulatory filing in India reveals what's potentially one of the new iPhone 15 models, while Foxconn's iPhone manufacturing facilities have started production, according to a new report.

Tom’s Guide

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Tom’s Hardware

Foxconn Produces Over Half of Nvidia AI Hardware: Report

Foxconn heavily capitalizes on AI servers, according to media reports.

iMore

The iPhone 15 is already in production, but not where you might think

With the iPhone 15 about to be announced, Apple is already building them in India.

Broadcasting & Cable

Xperi Says Sharp Will Start Selling TiVo-Powered Smart TVs in Europe Next Year

Foxconn-owned Sharp is the second smart TV maker to use the TiVo OS. Xperi also says that TiVO sets will start appearing in the U.S. in 2024

InsideEVs

Fisker Says Pear Manufacturing Deal With Foxconn Not Yet Finalized

Fisker is already taking pre-orders for the Pear, which is priced at $29,900 before incentives and tax rebates – $22,400 after the US federal tax credit.

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news in one place.

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The Hindu

Karnataka-Foxconn sign Letter of Intent for two new projects worth ₹5,000 crore

The Karnataka government and iPhone maker Foxconn have signed the Letter of Intent (LoI) to set up two additional projects with an estimated investment outlay of ₹5,000 crore, said Large and Medium Industries Minister M.B. Patil on Wednesday. It is expected to generate 13,000 jobs.

The Hindu

Foxconn may ‘significantly’ increase investments in Karnataka

M.B. Patil and Priyank Kharge, Karnataka Ministers holding portfolios of Large and Medium Industries and IT/BT had a “fruitful discussion” with iPhone maker Foxconn in Chennai.

Laptop

iPhone 15 rumors and leaks: release date, features, specs, price, and more

The iPhone 15 is fast approaching, and although the new phone line hasn't been released yet, the rumor mill is filled with gossip and leaks.

The Hindu

Foxconn subsidiary inks ₹1,600-cr. deal with T.N. to set up electronic components manufacturing facility in Kancheepuram

Foxconn Industrial Internet, a subsidiary of the Taiwanese firm Foxconn, has inked a new deal with the Tamil Nadu government to establish a manufacturing facility for electronics components, entailing investments to the tune of ₹1,600 crore.

The Hindu

Our made-in-India chip will be ready in 2.5 years: Vedanta chairman on semiconductor plan

Vedanta group chairman Anil Agarwal said that first phase of its semiconductor project will involve $5 billion investment of the overall $20-billion outlay, and the venture will be ready with made-in-India chip in two and a half years.

The Hindu

Foxconn Industrial Internet mulling options to set up a new facility in Tamil Nadu

Foxconn Industrial Internet (Fii) to set up state-of-the-art facility in TN for manufacturing high-end electronics components. Fii CEO met TN CM & Minister for Industries to discuss plans. TN has become top exporter of electronic goods in India, with exports tripling to $5.37 billion. Fii proposed to invest ₹8,800 crore…

The Hindu

Foxconn arm Fii now proposes a project with ₹8,800 crore investment at Tumakuru in Karnataka

Foxconn proposes ₹8800cr plant in Karnataka; to create 14,000 jobs. Fii, a subsidiary of iPhone maker Foxconn, has proposed to set up a plant in Tumakuru with an investment of ₹8800 crore. It would manufacture screens, outer coverings and mechanical components for phones, creating 14,000 jobs. The CM offered support…

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