During March-May, Foxconn exported iPhones worth $3.2B from India, with an average of about 97% shipped to the U.S., compared to a 2024 average of 50.3%, the report added.

Tim Cook sought new factory locales outside China, a prescient move that along with a new $100 billion U.S. investment will shield the company—for now.

Foxconn's Singapore-based subsidiary will buy 12.77 billion shares worth 10 rupees apiece, amounting to 127.74 billion rupees ($1.50 billion) in Yuzhan Technology India, according to the London ...

A day after news emerged that Foxconn Technology Group was 'forced' by Beijing to send back its Chinese engineers and technicians from its Tamil Nadu plant, sources indicate that the global ...

Trump imposed a 25% tariff on India, one of the highest rates among US trading partners, an unwelcome development for Apple ...

Foxconn expects AI-server revenue to surge more than 170% year-over-year this quarter as demand for Nvidia (NASDAQ:NVDA ...

The newly disclosed OSAT is not Foxconn’s only proposed business venture in India. In July 2023, the company withdrew from a $19.5 billion chipmaking JV with Vendanta, an India metals-to-oil ...

Foxconn Singapore Pte Ltd, a subsidiary of Foxconn, has announced a capital injection into its Indian subsidiary, Yuzhan Technology (India) Private Limited, as part of a long-term investment ...

Separately, Foxconn also gained approval from the Indian government to build a new semiconductor plant. It's expected to be built in Uttar Pradesh, northern India, and be operational by 2027.

First made-in-India semiconductor chip will be launched in the market by the end of this year, Prime Minister Narendra Modi said on Friday ...