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Sharp Will Buy Back All Of Roughly 100 Billion Yen In Preferred Shares Held By Mizuho Bank And Mufg Bank - Nikkei
Foxconn Shrinks Android Arm And Plots Shift To Automotive Electronics - Nikkei
Foxconn, Wisconsin Governor Say Wisconsin Project Is Moving Ahead - AP
Foxconn Technology Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture and sale of computers, communications and consumer electronics (3C) products. The Company provides metal shells, structural components, thermal modules and game console assembly products. The Company's products are applied in the manufacture of desktop computers, notebook computers, tablet computers, servers, mobile phones, projectors, e-book readers, digital cameras, servers, workstation radiators and home game consoles. The Company mainly distributes its products in China, the United States and Japan.
Chung-Shan Road, Tu-Cheng District
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General Manager, Director
Head of Finance
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T aiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the matter said, as the U.S.-China trade war and coronavirus pandemic prompt firms to reexamine global supply chains.
Taiwan-based electronics manufacturers Foxconn and Pegatron are among companies eyeing new factories in Mexico, people with direct knowledge of the matter said, as the U.S.-China trade war and coronavirus pandemic prompt firms to reexamine global supply chains.
Foxconn, the world's largest contract electronics manufacturer <2317.TW>, posted a better-than-expected quarterly profit and forecast its smartphones business would see sustained revenue weakness but at a slightly slower pace this quarter.
Foxconn, the world's largest contract electronics manufacturer, reported a better-than-expected quarterly profit on Wednesday, as rising telecommuting demand amid the coronavirus pandemic offset slowing smartphone sales.
Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said.
Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved, as additional scrutiny by the country of imports from China disrupted operations in some foreign firms amid tensions between the Asian giants.
India's additional scrutiny of imports from China has disrupted operations at plants owned by Apple supplier Foxconn in southern India, three sources told Reuters, and other foreign firms are also facing delays as tensions between the two countries build.
Taiwan's Foxconn is planning further investment in India and may announce details in the next few months as the world's largest contract manufacturer views the outlook there very favourably, its chairman said on Tuesday.
Medtronic said on Thursday it had partnered with Foxconn to boost production of its ventilators to 10,000 over the next year amid surging demand as the respiratory disease caused by the new coronavirus overwhelms hospitals.
Medical device maker Medtronic said on Thursday it had partnered with Foxconn to increase production of its ventilators that are critical in the care of patients with COVID-19. (Reporting by Manas Mishra in Bengaluru; Editing by Aditya Soni)
* MEDTRONIC AND FOXCONN PARTNER TO INCREASE VENTILATOR PRODUCTION Source text for Eikon: Further company coverage:
* MEDTRONIC AND FOXCONN PARTNER TO INCREASE VENTILATOR PRODUCTION
Foxconn's <2317.TW> first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing operations in China and knocked demand from customers including Apple Inc <AAPL.0>.
Foxconn's first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing operations in China and knocked demand from customers including Apple Inc.
Taiwan's Foxconn posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and other major clients.
Taiwanese electronics manufacturer Foxconn will make ventilators with U.S. firm Medtronic Plc to help patients afflicted by the coronavirus outbreak, the company said on Wednesday.
Sales at Taiwan's Hon Hai Precision Industry, a key supplier of Apple Inc's products known by its trade name Foxconn, were down by 7.7% in March.
Taiwanese electronics manufacturer Foxconn reported a 23.7% fall in profit in the last three months of 2019 on Monday as it braces for the impact from the coronavirus pandemic that has hit demand from key customers such as Apple.
Terry Gou, founder of Apple's major manufacturing partner Foxconn, said on Thursday the resumption of production at its factories in China had "exceeded expectations" after a prolonged halt due to a coronavirus outbreak that had disrupted supply chains.
Shares of Apple's manufacturing partner Foxconn slumped more than 2% on Friday after the company reported its biggest monthly drop in revenue in seven years as the coronavirus outbreak hurts its bottom line.
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