Hon Hai Precision Industry, a leading electronics manufacturer which trades as Foxconn Technology Group, announced on November 22 that it would recruit Chiang Shang-yi, a former executive at Taiwan Semiconductor Manufacturing Co (TSMC), as the group's new semiconductor strategy chief.
The Zhengzhou plant of Foxconn in Henan Province, China, was recently affected by the COVID-19 pandemic. Some local governments have been asked to get involved and take the lead in supporting work at Foxconn for a period ranging from 1 to 6 months.
Foxconn, Apple's largest iPhone foundry, said on November 7 that it is working hard to resume full production at its Zhengzhou factory as soon as possible, and lowered its fourth-quarter performance forecast.
Crowds of Foxconn employees walked along the highway to their hometowns due to an outbreak of COVID-19 cases at the world's largest iPhone manufacturing facility in Zhengzhou. This factory is currently the leading source of employment in the central Chinese city of over 10 million people.
Foxconn, the Taiwan-based leading iPhone assembler, issued a statement at midday on October 26 saying that "reports of 20,000 people diagnosed with COVID-19 at the Zhengzhou Industrial Park, Henan Province" circulating online were "seriously false information."
Young Liu, Chairman and CEO of Taiwan-based electronics manufacturing giant Foxconn, affirmed during the firm's annual Hon Hai Tech Day on October 18 that "I hope one day we can produce electric cars for Tesla."
Ming-Chi Kuo, an analyst at TF International Securities, tweeted on August 5 that according to his latest survey, Foxconn's iPhone production site in India will ship the new iPhone 14 this year almost simultaneously with China for the first time.
Apple has requested Foxconn to start recruitment at its Zhengzhou factory two months in advance, prepare for shipments and avoid the impact of local lockdowns or supply chain challenges.
Major Apple supplier and iPhone assembler Foxconn said on Monday it has suspended operations in the southern Chinese city of Shenzhen to comply with the local government's COVID-19 control policies.
China Labor Watch recently released a 51-page report detailing the labor abuses of the US tech giant Apple and one of their main suppliers for iPhone parts, Foxconn.
Foxconn Chairman Terry Gou announced in his final official appearance as chairman at the June 20 board meeting that he will resign from his position. A nine-person operations committee will take over.
Foxconn, the Taiwan-headquartered electronics manufacturer, opened a new manufacturing facility in Wisconsin, U.S. yesterday. The planned $10-billion plant is considered one of the largest foreign direct investment projects ever in the United States.
Foxconn Industrial Internet Co Ltd. (FII) made a record debut by raising 27.1 billion yuan ($4.3 billion) on Friday, and became the most valuable tech company listed on the Shanghai Stock Exchange as well as in the entire mainland China.
Foxconn Industrial Internet Co Ltd (FII), a subsidiary of Foxconn Technology Co. applied to list in the Shanghai Stock Exchange on Monday morning.
XPENG has finished its A+ round financing and plans to announce B round financing in early 2018, XPENG Motors Chairman He Xiaopeng said in a Weibo post on December 15. Investment in this round of financing came from Xiaomi, Foxconn and IDG.