To this end, UBTech is already training its robots to handle various manufacturing-based tasks. This includes functions for multiple industries, from automotive to computers and c
Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan's Nissan and Honda to announce plans to join forces against a flood of ambitious competitors.
The suspensions come amid tensions between the two countries and are likely to disrupt manufacturing as Apple tries to diversify production away from China.
Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers have also been expanding into new industries. In October Foxconn unveiled two new electric-vehicle designs,
Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.
Foxconn has unveiled plans for substantial international investments. The tech manufacturing giant has announced these investments, which collectively total approximately NT$52.8 billion (approx. US$1.
UBTech and Foxconn have signed a ‘comprehensive long-term partnership’ to deploy more robots in the iPhone maker’s factories.
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.
Apple wants to develop the subcontinent into a major production location and needs its manufacturers to do so.
Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.
Apple's iPhone assembly partner Foxconn has asked the Indian government for larger payments from a manufacturing fund, because other companies failed to meet standards.
Foxconn, the Taiwan-based iPhone maker, is expanding into the electric vehicle market, competing with Tesla and BYD.