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The Latest Breaking News from Foxconn

AI Demand Transforms Foxconn’s Business Model

Foxconn is shifting its focus from consumer electronics to server systems built on Nvidia accelerators, a transition already visible in its reporting and stock performance. The Taiwanese company, known as Apple’s key iPhone manufacturer, is rapidly shifting its revenue structure towards Nvidia-powered servers. In August, revenue reached $19.8 billion, marking…

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SoftBank Shares Plunge Over 7% In Tokyo After $2 Billion Intel Bet As Asian Tech Stocks Tumble Following Nvidia-Led US Sell-Off

On Wednesday, SoftBank Group (OTC:SFTBF) (OTC:SFTBY) shares fell sharply in Tokyo as investors reacted to its $2 billion investment in Intel Corp (NASDAQ:INTC), with broader Asian technology stocks sliding in tandem after a U.S. market pullback led by Nvidia Corporation (NASDAQ:NVDA).

Benzinga

Apple Fades, Foxconn Teams With Nvidia On AI Future Amid Trump's Policy Moves—'Grown From Its Legacy Business'

Foxconn, owned by Hon Hai Precision Industry (OTC:HNHPF), the prominent supplier for Apple Inc. (NASDAQ:AAPL), has seen its AI server division overtake iPhone assembly as its primary business.

Benzinga

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AI Takes Apple's Edge? Foxconn's Pivot Could Spark ETF Shift

Foxconn’s (OTC:HNHPF) recent earnings indicate a revolutionary shift in the global technology supply chain, one that could resonate across the ETF universe. A company that was once as familiar as Apple Inc’s (NASDAQ:AAPL) iPhone assembler is now bringing in more revenue building AI servers than consumer electronics — a first…

Benzinga

SoftBank acquires Foxconn's Ohio facility to build Stargate AI servers — $375 million deal says Foxconn will continue to operate the plant

Foxconn has sold its Lordstown, Ohio, factory to SoftBank but will keep operating it as an AI server hub for the $500 billion Stargate project.

Tom’s Hardware

Apple Supplier Foxconn Sees Profit Soar 27% To $1.47 Billion As AI Server Boom, iPhone Demand Fuel Record Growth

Editor's note: This article has been updated with the latest numbers following Foxconn's second-quarter results release.

Benzinga

This Once-Promising Chinese EV Is Now Rotting In Northern California

The Byton K-Byte could have been a rival to the Model S, but the brand failed to launch. Here's what's left of it.

InsideEVs

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Foxconn Is Selling The Lordstown Factory That Was Supposed To Make EVs

The former General Motors facility built the ill-fated Lordstown Endurance electric pickup.

InsideEVs

Apple Supplier Foxconn To Enter Japanese Market With EV Buses Backed By Taiwan Subsidies

Apple Inc. (NASDAQ:AAPL) supplier Foxconn is set to enter the Japanese market with the company's bespoke EV buses, thanks to subsidies offered by the Taiwanese government.

Benzinga

Skidding Nissan To Halt Production At Japanese Plant

Struggling auto giant Nissan said Tuesday it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year.

International Business Times

Apple Appoints Sabih Khan as COO Amid Supply Chain Shifts

Apple announces Sabih Khan as its new COO. How will this new leader help improve its supply chain amid the intensifying pressure from Donald Trump?

International Business Times UK

Peter Navarro Slams Apple CEO Tim Cook Over Slow Production Shift Out Of China Despite Buying Time Since Trump's First Term: 'Longest-Running Soap Opera In Silicon Valley'

Peter Navarro, the White House trade advisor, has expressed his dissatisfaction with Apple Inc. (NASDAQ:AAPL) CEO, Tim Cook, for not relocating the company’s manufacturing facilities out of China.

Benzinga

Apple's India Ambitions Hit a Wall as Foxconn Sends 300+ Chinese Engineers Home

Apple's India expansion faces hurdles as Foxconn sends 300+ Chinese engineers home, impacting iPhone 17 production.

International Business Times UK

Nvidia could use humanoid robots to build AI servers in Foxconn's US factory - but I wonder where these robots will be built

Foxconn and Nvidia may soon deploy humanoid robots in Houston to build AI servers.

TechRadar

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Benzinga

From Cables To Vision Pro: How Luxshare Is Replacing Foxconn In Apple's Ecosystem

Consumer tech giant Apple Inc.’s (NASDAQ:AAPL) decades-long relationship with Taiwanese contract manufacturer Foxconn is undergoing a quiet but significant transition in recent months.

Barchart

Nvidia Might Be Getting Into the Humanoid Robot Game. Should You Buy NVDA Stock Here?

Nvidia stock in focus following reports that the AI behemoth is venturing into humanoid robots. Barclays sees upside in NVDA shares to $200.

International Business Times UK

Apple Expands in India as Foxconn Starts iPhone Casing Production Despite Trump's Tariff Threats

Despite Donald Trump's previous warning, Apple is still expanding in India. Now, Foxconn will start manufacturing iPhone cases in the country.

Tom’s Hardware

Nvidia products could be made using humanoid robots for the first time ever — company in talks with Foxconn to deploy them in Houston factory building GB300 AI servers

Nvidia is reportedly in talks with Foxconn over plans to deploy humanoid robots in a Houston factory building GB300 chips.

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news in one place.

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International Business Times

Taiwan's Entrepreneurs In China Feel Heat From Cross-Strait Tensions

Bustling Taipei-style shopping streets, majestic temples to the island's deities and thriving factories dot the eastern Chinese city of Kunshan, for years a hub for Taiwanese businesses.

Bored Panda

53 Problematic Celebs People Forgot Were Horrible Human Beings

John Lennon. Musical talent aside, the way he treated his ex wife and Julian is appalling. And people let him off far too lightly for the break up of the band, blaming it all on Yoko Ono. He was a grown a*s man who could think for himself. Not that…

Tom’s Hardware

Computex 2025 Day Zero Wrap-Up: AI comes into focus, 500 Hz QD-OLEDs blossom, dual-GPU Arc Pro B60 workstation cards inbound

The opening salvo of Computex 2025 announcement is upon us

MarketBeat

NVIDIA’s NVLink Fusion Ups the Ante for AI Infrastructure

NVIDIA opened its NVLink system to 3rd-party manufacturers, expanding its influence on the AI ecosystem and paving the path to semi-custom AI infrastructure.

Tom’s Hardware

Nvidia teams up with Foxconn to build an AI supercomputer in Taiwan

Taiwan wants to use this AI supercomputer to supercharge AI research within the country.

International Business Times

Nvidia Unveils Plan For Taiwan's First 'AI Supercomputer'

Nvidia boss Jensen Huang announced plans for Taiwan's "first AI supercomputer", as he showcased on Monday the company's latest advances in artificial intelligence.

Fortune

Apple’s well-timed love affair with India is being tested by Trump's 'little problem' with CEO Tim Cook

Apple's growing reliance on India for manufacturing iPhones is being attacked by Donald Trump.

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