Foxconn to Deliver 10,000 Electric SUVs in 2024

Foxtron Model C: E-SUV goes into series production

Foxconn aims to deliver over 10 electric SUVs in 2024

Taiwan's Foxconn to deliver 10,000 electric cars in 2024

Foxconn plans to deliver over 10,000 units of the Foxtron Model C electric SUV in 2024, with a range of 700 km on a full charge and acceleration from 0 to 100 km/h in 3.8 seconds. The company is also launching another e-SUV, the Foxtron Model B, in 2025.

Hon Hai Technology Group (Foxconn)

Foxconn Leverages NVIDIA AI for Advanced Factory Automation

Robotic Factories Supercharge Industrial Digitalization as Electronic Makers Adopt NVIDIA AI and Omniverse

Foxconn is utilizing NVIDIA's advanced AI and Omniverse platforms to enhance industrial automation by creating a digital twin of its new factory in Guadalajara, Mexico. The company aims to reduce kilowatt-hour usage by 30% annually and achieve significant cost savings through increased manufacturing efficiency.

Foxconn Aims for 40% Global AI Server Market Share

Foxconn eyes 40 percent global AI server market share

Foxconn eyes 40% global AI server market share

Foxconn aims to secure a 40% global market share in AI servers this year, driven by the growth of AI products. The company's AI server revenue is projected to grow more than 40% in 2024, accounting for over 40% of the company's overall server revenue.

Foxconn Eyes 40% Global AI Server Market Share

Foxconn aims to achieve a 40% global market share for AI servers in 2024, up from 30% in 2023, driven by robust demand for AI technology. The company's AI server revenue is projected to grow over 40% in 2024, making it a potential trillion-revenue product. Foxconn's net profit jumped 72% in Q1 2024, with AI server revenue growing nearly 200% on-year.

Foxconn Expands Manufacturing Beyond China to India and Vietnam

America's New Ally Takes Chunks out of China's Economic Cake

Tim Cook has arrived in Vietnam for a two-day trip, as Apple boosts ties with its key manufacturing hub

Foxconn, Apple's main iPhone maker, has diversified its manufacturing beyond China to India and Vietnam. This move is seen as a significant shift in the company's strategy, driven by the need to reduce dependence on China. Foxconn has already started manufacturing iPhones in India and has plans to increase production in Vietnam.

Foxconn to Start Shipping Nvidia AI Servers in Q3 2024

Nvidia CEO meets Taiwan suppliers for Blackwell GB200 AI servers

Foxconn, along with Quanta Computer and Wistron, is expected to start shipping Nvidia's Blackwell GB200 AI servers in the third quarter of 2024. This new product line is a significant development for Foxconn, marking its entry into the AI server market.

Hon Hai Precision Industry Sees 16% Surge in Shares, Boosting Founder's Fortune

Taiwan’s 50 Richest 2024: Supercharged By AI Demand, Chip Fortunes Hit Record Highs

Hon Hai Precision Industry, a major Apple supplier, witnessed a 16% surge in its shares, adding $3 billion to founder Terry Gou's fortune and lifting him to third place in the wealth ranking.

Foxconn Commits to Uninterrupted Operations in Vietnam Amid Energy Conservation Efforts

Vietnam ensures electricity stability amid supply chain firms concerns of power outage

The Vietnamese government is encouraging companies, including Foxconn, to conserve electricity, which may lead to concerns about a repeat of the 2023 power shortage crisis. However, Foxconn has expressed its commitment to maintaining uninterrupted operations in Vietnam.

Foxconn to Manufacture Google Pixel Phones in India

Foxconn to make Google Pixel phones in India

Foxconn, a Taiwanese electronics equipment manufacturing giant, has partnered with Google to manufacture Pixel smartphones in Tamil Nadu, India. This marks Foxconn's expansion into India and Google's effort to start producing Pixel phones in the country, with the Pixel 8 series likely to be manufactured in Foxconn's Indian facility.

Foxconn's Hiring Pace Slows Down in Wisconsin

REFILE-UPDATE 1-Foxconn chairman travels to White House to discuss Wisconsin -source

Foxconn has slowed its pace of hiring in Wisconsin, despite pledging to create 13,000 jobs in the state.

Established in Taiwan in 1974, Hon Hai Technology Group (Foxconn) is the world’s largest electronics manufacturer and a leading technological solution provider. The company continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. It has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and focuses on AI, semiconductors, and new-generation communications technology.

Hon Hai Precision Industry Co., Ltd. provides technology solutions in Japan, Ireland, the United States, Singapore, China, Taiwan, and internationally. The company manufactures, sells, and services connectors, cases, thermal modules, wired/wireless communication products, optical products, power supply modules, and assemblies for use in the information technology, communications, automotive equipment, precision molding, automobile, and consumer electronics industries. It also manufactures and sells computer terminal monitors and related components, as well as data storage and processing equipment; offers solutions for autonomous driving systems, new energy power, and IoV systems; and provides services of planning, advisory, and business operation and management, logistics, export processing, construction, leasing, and information/software services. In addition, the company manufactures and sells application modules and network cables assemblies; develops educational technology; holds patent applications; manufactures and trades in portable cameras; and retails office machinery and equipment, and electronic appliances. Further, it is involved in the reinvestment in the businesses relating to robots, automatic equipment, molds, parts, and accessories and corresponding services; and software development, repair and after-sale, and rental services of robots. Additionally, the company manufactures and sells computer and data processing equipment, WIFI cards and modules, CFTVs, DVRs, Bluetooth modules, set-top boxes, and optical network terminals. It is also involved in the provision of data storage services; manufacturing of wire or wireless communication; installation of computer and satellite TV channels; and provision of mobile phone services, as well as telecom-related business. The company was founded in 1974 and is headquartered in New Taipei City, Taiwan.

2317

COM:FOXCONN

Hon Hai Technology Group (Foxconn)

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