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The Latest Breaking News from Foxconn

Foxconn Net Profit Rises In Second Quarter On AI Demand

Taiwanese tech giant Foxconn on Wednesday reported a six percent jump in net profit for the second quarter of the year, driven by strong growth in demand for artificial intelligence servers.

International Business Times

Shanghai Composite Index Fell 0.6% on Wednesday

Shenzhen Component Index closed down 1.17%

Caixin Global

50,000 fresh workers descend on factories for iPhone 16 launch

50,000 new recruits have been added to Foxconn's iPhone operation in Zhengzhou ahead of the iPhone 16 launch.

iMore

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iPhone 16 production is well underway, so expect more leaks soon

Apple's main iPhone assembler has staffed up ahead of a big year for iPhone orders.

iMore

Nvidia CEO Jensen Huang Sold $323M In Shares Before Global Stock Rout

The transactions were part of a pre-determined trading plan that Huang filed in March, which proved to be well-timed.

International Business Times

Nvidia to deliver Blackwell engineering samples this week — chips on track for fourth quarter launch

Nvidia is about to start sampling of Blackwell GPUs for AI applications.

Tom’s Hardware

Apple AirPods with cameras tipped for 2026 — here’s what they could do

According to a new report, Apple is working on AirPods with cameras to be ready by 2026.

Tom’s Guide

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Foxconn Excludes Married Women from Jobs at Apple iPhone Plant In India, Raising Ethical Concerns

Foxconn and Apple are refusing to hire married women in India, claiming that women have more responsibilities at home compared to their male counterparts.

International Business Times UK

Apple wants to replace 50% of its iPhone factory workforce with robots

Apple wants Foxconn to reduce the number of people involved in building its iPhones where possible, replacing them with automation instead.

iMore

Trump Slams US Economy At Wisconsin Rally Despite Foxconn Setback

During his speech, Trump avoided mentioning Foxconn, instead focusing on current economic issues such as high inflation and soaring mortgage rates.

International Business Times

India's Manufacturing Sector Sees Significant Growth With Apple Partnership

India's government incentivizes manufacturing to attract global firms like Apple supplier Foxconn.

Top News

Nvidia Boss Unveils AI Products Ahead Of Taiwan Expo

Nvidia on Sunday unveiled new products and plans to accelerate the advance of artificial intelligence, with the AI hardware titan's CEO telling a packed stadium in Taipei that "the next industrial revolution has begun".

International Business Times

Nvidia Boss, Top Chip CEOs To Lay Out AI Plans At Taiwan Expo

The world's biggest heavyweights in chipmaking and artificial intelligence will converge this week for Taiwan's premier tech expo, with Nvidia CEO Jensen Huang expected to get a rockstar reception at his keynote speech on Sunday.

International Business Times

Nvidia rumored to be opening a second R&D center in Taiwan — and it has plans for an AI supercomputer on the island

A Taiwan official says that talk of a second R&D center could be a misunderstanding regarding the Taipei-1 supercomputer Nvidia is building on the island.

Tom’s Hardware

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International Business Times

Foxconn Reports Sharp Rise In First-quarter Net Profit

The firm -- also known by its official name Hon Hai Precision Industry -- is the world's largest contract electronics manufacturer and assembles devices for several companies, most notably Apple's iPhones.

International Business Times

Biden Unveils $3.3B Microsoft Data Center Project On Former FoxConn Site

Pres. Joe Biden announced a $3.3 billion investment by Microsoft on the scaled-back Foxconn Wisconsin site that was backed by Trump.

TechRadar

Microsoft is investing billions into another major US AI data center — and its location is a slap in the face to Apple

Six years after Foxconn’s failure is Wisconsin, Microsoft is set to open a brand new data center creating thousands of jobs.

Top News

Biden Blames Trump For Failed Foxconn Project

President Biden secures .3 billion investment from Microsoft for new AI facility, contrasting with Trump's failed Foxconn project in Racine County.

Roll Call

Biden visits Wisconsin as Gaza, Trump dominate public attention - Roll Call

President Biden pushed his jobs agenda in Wisconsin on Wednesday as some Democratic lawmakers called for an end to Israel’s conflict in Gaza.

Windows Central

Microsoft will invest $3.3 billion in a Wisconsin AI datacenter, and President Biden is on-site to announce the news and take a shot at President Trump's Foxconn failures

Microsoft will invest $3.3 billion to create an AI datacenter in Racine County, Wisconsin. The new datacenter will be on the same site where Foxconn was supposed to drive $10 billion of investment into the area, though that plan was scaled back drastically.

The Guardian - US

US says hold on weapons delivery won’t be a one-off if Israel presses ahead with Rafah city offensive – as it happened

US officials suggest already approved arms deliveries could be delayed and new shipments could face obstacles

Axios

Biden hits Trump with $3 billion Microsoft announcement in Wisconsin

The White House is inviting voters to make a comparison with former President Trump.

iMore

Apple's iPad dilemma — Cupertino needs new iPads more than you do

Our iPad event preview, Apple's earnings call, and more.

Tom’s Hardware

China-made server exports to US plummet — Taiwan, Mexico remain top server import suppliers

Servers exported from China to the U.S. has fallen from 18.8% in 2017 to 1.7% in 2023, while servers exported from Taiwan to the U.S. has grown 900%.

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