foxconn

Hon Hai Precision Ltd. (OTC: HNHPF) Chairman Young Liu met the Indian Prime Minister Narendra Modi on Thursday as Apple Inc's (NASDAQ: AAPL) oldest and largest supplier continues its search for a potential market to expand its businesses amid Xi Jingping's zero-tolerance COVID...

As Apple Inc's (NASDAQ: AAPL) supply chain returns online after several COVID-19 disruptions, its efforts to shift some production out of China have left a key partner less than pleased. What Happened: iPhone assembler Hon Hai Precision Industry Company...

One of Apple Inc's (NASDAQ: AAPL) oldest and largest suppliers — Foxconn Technology Co Ltd (OTC: HNHPF) — said the second half of 2022 is headed "in a better direction" for the company as the Chinese government lifted the COVID-19 lockdown in Shanghai. What Happened:...

Lordstown Motors Corp's (NASDAQ: RIDE) stock is trading 21.8% higher at $1.84 in the premarket session on Thursday. What Happened: The beleaguered electric vehicle startup said on Wednesday it has closed a $230 million deal to sell its Ohio factory to Taiwan’s Hon Hai Technology (OTC...

Apple, Inc. (NASDAQ: AAPL)'s iPhone assembler Hon Hai Precision Industry Co., Ltd. (OTC: HNHPF) turned in forecast-beating results for the first quarter, defying the odds that included COVID lockdowns in China, supply challenges, input price inflation and demand slowdown. What Happened: Hon...

Apple Inc (NASDAQ: AAPL) manufacturing partner Hon Hai Precision Industry Co., Ltd’s (OTC: HNHPF), better known as Foxconn, is now solely making iPhone 13 models in Brazil. What Happened: Foxconn’s Brazil unit is churning out 6.1 inch iPhone 13...

Apple Inc's (NASDAQ: AAPL) premier supplier Foxconn Technology halted operations at two of its factories in Kunshan, located in China's Jiangsu province, after a recent surge in COVID-19 cases was reported on-site, according to SCMP. What Happened:...

Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co Ltd’s (OTC: HNHPF) is in talks with Saudi Arabia to jointly build a $9 billion multipurpose facility, The Wall Street Journal reported on Monday, citing people familiar with the matter. What...

Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co. Ltd. (OTC: HNHPF) has halted production of iPhones at its site in the Chinese tech hub of Shenzhen due to a government-imposed COVID-19 lockdown, Bloomberg reported Sunday. What Happened: Hon Hai, better known as Foxconn, has...

Apple Inc (NASDAQ: AAPL) supplier Foxconn-backed open-source electric vehicle platform Mobility In Harmony (MIH) has formed an alliance with the AI experts at Autoware Foundation. What Happened: MIH said its alliance with Autoware is aimed at speeding up the development of an integrated solution...

Food poisoning at a factory in India that manufactures Apple Inc’s (NASDAQ: AAPL) iPhones reportedly led to protests and subsequent detention of 70 women and 22 men. What Happened: Over the week, an outbreak of “acute diarrhoeal disease” among employees of an iPhone factory...

A highly anticipated electric SUV was unveiled to the media and public Wednesday. Here are the details of the Fisker Ocean from Fisker Inc (NYSE: FSR). What Happened: Fisker unveiled the Fisker Ocean electric SUV during the media day of the 2021 Los Angeles Auto Show Wednesday. The vehicle comes...

A leading artificial intelligence company announced a SPAC merger to go public. The SPAC Deal: SoundHound announced a SPAC merger with Archimedes Tech SPAC Partners Co (NASDAQ: ATSPT) valuing the company at a pro-forma enterprise value of $2.1 billion. A PIPE of $111 million includes investments by...

Automotive company Lordstown Motors (NASDAQ: RIDE) reported its third-quarter financial results after close Thursday and provided a company update on its timeline. What Happened: Lordstown reported a net loss of $95.8 million in the third quarter and no revenue. The company ended the quarter...

Key Apple Inc (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co Ltd (OTC: HNHPF) and an Indonesian government agency last week held discussions related to a possible electric vehicle investment in the country, Nikkei Asia reported on Sunday. What Happened: The Taiwan-based Apple supplier,...