Hon Hai Precision Industry

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Nvidia and Apple supplier Foxconn posts 17% rise in third-quarter profit, beats forecasts

Foxconn Technology Group, the world’s largest electronics contract manufacturer, posted a 17 per cent rise in third-quarter profit on Wednesday,…

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New Business

Nvidia CEO Jensen Huang calls US ban on H20 AI chip ‘deeply painful’

Nvidia CEO Jensen Huang said Washington’s plan to stymie China’s artificial intelligence (AI) capabilities by restricting access to its H20…

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New Business

Foxconn pumps US$1.5 billion into India unit as Apple moves iPhone production from China

The Taiwan-based company, known internationally as Foxconn, said in an exchange filing on Monday that it had made the investment…

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New Business

Nvidia plans larger Taiwan office and local supercomputer collaboration, CEO Huang says

Nvidia, the world’s leading supplier of artificial intelligence (AI) chips, intends to acquire a larger office in Taiwan and collaborate…

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New Business

Foxconn’s profits drop as iPhone sales falter, but AI boom offers hope

The Taiwanese company, a major assembler of Nvidia servers, reported a 13 per cent fall in net income to NT$46.3…

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New Business

Chipmaker TSMC’s sales quicken in first 2 months of 2025 in upbeat note for AI

The world’s largest contract chip manufacturer reported combined revenue for the first two months of NT$553.3 billion (US$16.8 billion). That…

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New Business

Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for…

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New Business

China’s supply chain under scrutiny amid report HP shifting more PC production overseas

United States-based personal computer giant HP said it remains committed to its operations in China after denying a report that…

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