#foxconn
Latest cryptocurrency news and articles about foxconn. Stay updated with developments, analysis, and insights.
Foxconn’s bid for ZF stake stalls after due diligence reveals debt, valuation gap
Foxconn’s two-year effort to acquire a major stake in a key unit of German auto supplier ZF Group has hit a wall after due diligence conducted by its advisor, JPMorgan, revealed a wide valuation gap a...
Foxconn sees over 11% year-on-year rise in Q3 revenue to $67.8 billion, driven by strong AI infrastructure demand
The rise in demand for AI infrastructure is fueling the growth of companies involved in the AI supply chain, and the Taiwanese electronics giant Foxconn has benefited from the surge, reporting an 11% ...
India insists no disruptions to Foxconn as Chinese engineers return home
A top government official has revealed that India does not expect major service interruption at Foxconn after the company ordered its Chinese employees at the company’s Indian operation to return home...
Hon Hai maintains sales revenue on strong Nvidia AI server demand
Hon Hai’s August sales hit NT$606.5 billion, or around $19.8 billion, showing a 10.6% increase from last year. The company said its AI server business in the U.S. is still running strong. That’s what’...