By Kosaku Narioka Foxconn Technology Group said Thursday that third-quarter net profit rose 4.8% from a year earlier, thanks to higher revenue from various business lines. The Taiwanese electronics maker,
Foxconn Technology Group, the world’s biggest contract manufacturer for electronics, is deepening its investment in Lordstown Motors Corp., a once-troubled EV startup that recently began building its first all-electric pickup truck at a former General Motors Co. plant Read more China’s strict zero-COVID policy was making headlines Monday after Apple and iPhone manufacturer Foxconn said over the weekend that restrictions are crimping production and will delay shipments of the high-end Read more China’s strict zero-COVID policy was making headlines Monday after Apple and iPhone manufacturer Foxconn said over the weekend that restrictions are crimping production and will delay shipments of the high-end Read more By Kosaku Narioka Foxconn Technology Group said Monday that it is revising down its outlook for the fourth quarter due to the pandemic affecting some of its operations in Zhengzhou, Read more Hospitalizations are rising again in New York City with the spread of new COVID-19 subvariants that are better at evading immunity. Cases of flu and respiratory syncytial virus, or RSV, Read more Hospitalizations are rising again in New York City with the spread of new COVID-19 subvariants that are better at evading immunity. Cases of flu and respiratory syncytial virus, or RSV, Read more Apple Inc. continues to be dogged by concerns about the pandemic’s impact on production after recent reports indicated that strict COVID-19 restrictions in China were affecting Foxconn, which manufactures iPhones. Read more
Foxconn to invest an additional $170 million in Lordstown Motors
All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.
All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.
Foxconn Cuts Fourth-Quarter Outlook as Covid Hits Ops in Zhengzhou
Hospitalizations on the rise in New York City as new COVID strains spread rapidly
Hospitalizations on the rise in New York City as new COVID strains spread rapidly
Apple stock dips amid questions about iPhone production disruptions at Foxconn