Foxconn Technology News
‘Don’t mention unmarried requirement…’: Apple iPhone maker Foxconn asks Indian headhunters to tweak job criteria on ads
Apple iPhone maker Foxconn reportedly ordered its Indian hiring vendors to remove certain job criteria such as age, gender, and marital status from the advertisement. The company did not comment on whether or not it had ended restrictions on employment norms.
1 min read18 Nov 2024Land, power and skill: Inside the high-stakes battle to build the next Foxconn City
Foxconn has already invested $10 billion in India. Now, it wants to expand and establish large campuses. Apart from factories, these mini-cities would host residential facilities, recreational areas, hospitals and schools. Four Indian states are eyeing this investment.
9 min read13 Nov 2024China detains employees at Apple iPhone factory run by Foxconn
Four Taiwanese employees at Chinese facilities that make products for Apple have been detained by local authorities.
2 min read10 Oct 2024Foxconn plans to invest ₹424 crore in semiconductor JV with HCL
Foxconn reportedly invested more than $1.4 billion in India as of August 2024. The business has grown to $10 billion. The company employs more than 48,000 people in India.
1 min read1 Oct 2024Foxconn invested $1.4 billion in Indian business till date; CEO Young Liu says ’we will grow together with...’
Foxconn India, the iPhone manufacturer has invested $1.4 billion in India to date, as per a PTI report on Sunday, August 18. The company’s business has grown by more than $10 billion till the financial year ended 2024.
3 min read18 Aug 2024Foxconn chief to meet Karnataka CM Siddaramaiah on August 16, India manufacturing unit in focus: Report
Foxconn Chairman and Chief Executive Officer Young Liu will visit Karnataka on August 16, according to media reports. Liu met Prime Minister Narendra Modi in Delhi on Wednesday.
1 min read14 Aug 2024Foxconn Chairman Young Liu to visit India this year
Apple supplier Foxconn’s Chairman Young Liu plans to visit India this year. This comes after Liu became the first foreigner to receive the country’s third highest civilian award Padma Bhushan on the eve of the 75th Republic Day this year.
1 min read5 Jul 2024Foxconn shares surge 9.5% after Q4 profit beats market estimates
Hon Hai Precision Industry Company (Foxconn) on March 14 reported a bigger-than-expected 33 percent increase in Q4 net profit and said it was also looking for a significant rise in revenue this year.
1 min read15 Mar 2024Padma Awards 2024: Foxconn CEO Young Liu gets Padma Bhushan; key facts about the 66-year-old visionary
Foxconn CEO Young Liu is among the winners of the Padma Awards 2024, receiving the Padma Bhushan for his contributions as a global business leader.
1 min read26 Jan 2024China rattles foreign firms again with arrests, Foxconn probe
China often does not explain the actions taken by its regulators publicly, leaving companies with operations in the country guessing at the ultimate goals of the government. Given the Communist Party’s immense power, that opaque approach to oversight of the economy has unsettled foreign executives
5 min read23 Oct 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared