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...In a post on X, Rajeev Chandrasekhar, minister of state for electronics and IT, congratulated Apple, TDK and local officials for enabling the government’s “goal of deepening [the] electronics manufacturing...
...It said the deal would help reduce the complications for customers as they design electronics....
...Samsung Electronics and SK Hynix both declined to comment. But a person familiar with the companies confirmed the stockpiling was related to US export controls on China and sanctions on Russia....
...Rajeev Chandrasekhar, India’s electronics and IT minister, said last week that Apple phones would be produced at a new 300-acre factory in Karnataka. Foxconn has not confirmed any factory plans....
...Foxconn’s full-year profits beat forecasts on the back of strong fourth-quarter demand for “smart” consumer electronics....
...Widening the scope of its contract manufacturing business beyond its core consumer electronics activities will help margins....
...Three months ago, the world’s largest contract electronics manufacturer, which is Apple’s largest supplier, had downgraded its outlook for the full year to a slight drop in revenue from an earlier forecast...
...Shares in Taiwanese electronic component manufacturer Foxconn and a Shanghai-listed subsidiary dropped on Monday after Chinese state media said the company had been inspected by tax and natural resources...
...Foxconn, which manufactures Apple’s iPhone as well as other electronics products ranging from servers to electric cars, is increasingly building factories outside China as its customers seek to diversify...
...Nvidia and iPhone maker Foxconn have said they will build “artificial intelligence factories” together as the Taiwanese electronics manufacturer seeks to diversify its business....
...US tech group Nvidia and iPhone maker Foxconn said they would build “artificial intelligence factories” together as the Taiwanese electronics manufacturer seeks to diversify its business....
...In recent years, Chinese-owned electronics contract manufacturers, including Luxshare, Goertek and Wingtech, have boosted their share of Apple business....
...Although new Taiwanese investment in China peaked 10 years ago, Taiwan-owned companies such as Foxconn, the world’s largest contract electronics manufacturer, rank among the country’s largest private exporters...
...In Tamil Nadu, a hub of India’s electronics industry where Foxconn has its main factory assembling iPhones for Apple, a government agency is building multiple blocks to accommodate about 18,000 women, local...
...Yet Foxconn, the biggest iPhone-maker, is now replicating this model in India as it seeks to house tens of thousands of workers serving the Apple supply chain....
...Announcing his intention to run for president in his native Taiwan, Foxconn’s billionaire founder argued that China — home to most of the factories where the world’s largest contract electronics manufacturer...
...contract electronics manufacturer....
...The move to step down, which Foxconn announced on Saturday night, appeared aimed at shielding the world’s largest contract electronics manufacturer from any political fallout from his campaign for the election...
...For US and European companies, strategies for resilient supply chains now include the following: Friendshoring & reshoring Foxconn and the other leading Taiwanese manufacturers of electronics responded...
...Once they reached the Hengyang factory, their task was to put together electronic devices often for up to 10 hours per day. Not that the students had much choice....
...Foxconn’s net profits fell by more than half in the first quarter, as the Apple supplier suffered from a global slowdown in demand for electronics....
...The Foxconn founder, 72, retired as chair of the world’s largest contract electronics manufacturer four years ago but is still a board member and shareholder....
...“The explosive demand for AI servers will continue in 2024, but the prospects of consumer electronics goods — a key pillar of the tech industry — will depend on continued market uncertainties,” Foxconn Chairman...
...Renesas Electronics on Thursday announced a $5.9bn all-cash deal to buy electronics design software firm Altium, its second acquisition in just about a month....
...contract electronics manufacturer, as Apple and other tech companies diversify away from their reliance on China....
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