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Business

Reuters
Feb 12, 2025

Foxconn says its aim is cooperation with Nissan, not acquisition

Struggling Nissan is again at a crossroads after sources said last week that negotiations with bigger rival Honda to create the world’s No. 4 automaker had been complicated by growing differences.

Business

Web Desk Karachi
Feb 07, 2025

Nissan climbs on reports of Foxconn’s renewed interest in tie-up

Hon Hai, the Taiwanese iPhone-maker better known as Foxconn, was exploring an investment or buyout of Nissan last year but backed off in December after the Japanese carmaker penned a deal with Honda to bring both brands under a single holding company.

Latest

Reuters
Nov 15, 2024

Foxconn sees robust AI server demand, delays EV target

US President-elect Donald Trump threats to put a 10 per cent tariff on all US imports and a 60 per cent levy on Chinese-made products

Technology

Web Desk
Aug 10, 2024

Foxconn hires 50,000 workers to boost iPhone 16 production

Apple has significantly increased its iPhone 16 production to meet anticipated high demand, prompting Foxconn to hire an additional 50,000 workers within a two-week period, according to BusinessKorea.

Technology

Web Desk
Jul 29, 2024

Apple plans to manufacture upcoming iPhone Pro models in India

Apple is set to broaden its manufacturing presence in India by producing its high-end iPhone “Pro” models domestically for the first time.

Technology

Web Desk
Jul 01, 2024

Next-gen Apple AirPods to feature infrared cameras

Apple is gearing up to revolutionize its AirPods lineup with integrated camera modules, as detailed in a recent report by analyst Ming-Chi Kuo.

Business

Hum News
Aug 06, 2023

Foxconn’s July sales drop 1.23 pc year over year, forecasts third-quarter rebound

Foxconn , formally called Hon Hai Precision Industry Co Ltd, said revenue last month reached T$469.23 billion ($14.82 billion), up nearly 11 per cent from June.