Foxconn

Foxconn

Taiwanese multinational electronics contract manufacturing trading as foxconn

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Timeline

March 2020

Foxconn begins production of medical face masks.

October 3, 2019

Foxconn releases and cancels plans for a giant dome in Wisconsin

2018

Foxconn pledges $100 million to the University of Wisconsin-Madison for a new engineering building and research.

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News

Title
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Date
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Description
Danny Crichton
May 15, 2020
TechCrunch
There has been a steady drumbeat of news on the U.S.-China trade front since the start of the Trump administration. President Trump has made decoupling from China's economy on on-again, off-again proposition. There was the trade conflict with weekly changes in American tariff policy, the threats against ZTE and Huawei, the responses from China against [...]
Reuters Editorial
May 15, 2020
U.S.
Taiwan&#039;s Foxconn <2317.TW> posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and other major clients.
Timothy B. Lee
April 21, 2020
Ars Technica
One analyst expects iPhone sales to fall 36 percent in the current quarter.
By Michael Thomsen For Dailymail.com
April 13, 2020
Mail Online
Workers at Foxconn factories in China are subject to strict new surveillance measures to protect against potential future outbreak of COVID-19 as the country's factories begin to open.
Rob Thubron
April 8, 2020
TechSpot
Medtronic CEO Omar Ishrak revealed the partnership in an interview with CNBC, adding that the ventilators will be based on its PB-560 design and manufactured in the next four to six weeks.
Jon Porter
April 8, 2020
The Verge
Foxconn's Wisconsin plant will be used to produce ventilators with medical device firm Medtronic. Medtronic's CEO said that Foxconn will be manufacturing ventilators based on its PB-560 design in the next four to six weeks.
Reuters Editorial
April 8, 2020
U.S.
Taiwanese electronics manufacturer Foxconn will make ventilators with U.S. firm Medtronic Plc to help patients afflicted by the coronavirus outbreak, the company said on Wednesday.
Reuters Editorial
April 6, 2020
U.S.
Sales at Taiwan's Hon Hai Precision Industry, a key supplier of Apple Inc's products known by its trade name Foxconn, were down by 7.7% in March.
Peter
April 1, 2020
GSMArena.com
Foxconn is working with Apple engineers and believes it can begin trial production of the new iPhones on schedule.
Adrian Potoroaca
March 30, 2020
TechSpot
The US-China trade war and waning consumer demand has taken a toll on Foxconn's quarterly profit, which dropped 24 percent in the three months ending in December 2019.
Reuters Editorial
March 30, 2020
IN
Taiwanese electronics manufacturer Foxconn reported a 23.7% fall in profit in the last three months of 2019 on Monday as it braces for the impact from the coronavirus pandemic that has hit demand from key customers such as Apple.
March 25, 2020
The Economic Times
Foxconn, also known as Hon Hai Precision Industry Co., is suspending operations until April 14, it told Bloomberg News. It intends to resume India production based on further government announcements. A Wistron representative said the company is also adhering to the order, while declining to comment on exactly what products are affected.
By Stacy Liberatore For Dailymail.com
March 24, 2020
Mail Online
Apple's largest iPhone maker Foxconn reveals it has hired enough staff to meet the seasonal demand of the iPhone 12 after only 10% of the staff returned to work following the shutdown last month.
Thomas Ricker
March 3, 2020
The Verge
iPhone maker Foxconn says it expects to be back to full strength before April as new infections caused by the coronavirus begin to curtail in China.
Reuters
March 3, 2020
@bsindia
Businesses have been hit hard as governments slapped travel curbs to contain the outbreak, upending supply chains and eroding demand
Yimou Lee
March 3, 2020
U.S.
Apple supplier Foxconn <2317.TW> warned revenue would drop 15% in businesses including consumer electronics and enterprise products in the first quarter, but that it would recover thereafter as production returns to normal in virus-hit China.
Subhayan Chakraborty & Arnab Dutta
February 26, 2020
@bsindia
While 100 per cent foreign direct investment (FDI) is allowed in single-brand retail, if the foreign investment exceeds 51 per cent, the 30 per cent mandatory local sourcing norm kicks in
Isobel Asher Hamilton
February 25, 2020
Business Insider
Workers are being offered double their monthly wages to come back to work amid the ongoing coronavirus outbreak.
Reuters Editorial
February 20, 2020
IN
Taiwan&#039;s Foxconn <2317.TW> on Thursday said a coronavirus outbreak will lead to lower full-year revenue and the company will &quot;cautiously&quot; resume output at its main factories in China that were shut because of the outbreak.
Reuters Editorial
February 20, 2020
U.S.
Taiwan's Foxconn on Thursday said a coronavirus outbreak will lead to lower full-year revenue and the company will "cautiously" resume output at its main factories in China that were shut because of the outbreak.
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