Foxconn News Monitoring

Foxconn awarded $6.3M in tax credits for meeting jobs, capital investment goals

For the third year in a row, the Foxconn Technology Group has been approved for tax credits by the state. The company has been approved for $6.3 million in tax credits from the Wisconsin Economic Development Corp., for hiring 1,029 full-time workers and …

Foxconn Now Sees Better Quarterly Sales After November Rise

Hon Hai Precision Industry Co.’s sales improved in November and the iPhone assembler said quarterly sales for the last three months of the year will be better than expected. Apple Inc.’s most important partner, also known as Foxconn, reported an 18% rise …

Foxconn approved for $6.3 million in Wisconsin tax credits this year

iPhone Maker Foxconn’s Subsidiary To Inject $48 Mn Into Its India Entity

Bharat FIH would infuse INR 400 Cr ($48 Mn) in its wholly-owned India subsidiary Rising Stars Hi-Tech The announcement comes weeks after Foxconn announced an investment of more than $1.5 Bn in India to meet the operational needs Earlier, in September, …

Which Company Makes Redmi Phones

Source: Reuters.com Redmi phones have gained immense popularity in the mobile phone market due to their impressive features, affordable prices, and sleek designs. But have you ever wondered which company is behind the production of these highly sought- …

Foxconn raises Q4 outlook on strong year-end holiday sales

TAIPEI: Taiwan's Foxconn, the world's largest contract electronics maker and a major Apple supplier, on Tuesday raised its outlook for the fourth quarter on strong year-end sales for the holiday peak season. The fourth quarter is traditionally the …

Apple Boosts iPhone Production in India, Reducing Dependence on China

25 Apple plans to increase the production of its iPhone in India, projecting that over the next two or three years it will assemble about 25% of the global total of these devices in the Asian country. The decision to expand operations in India suggests a …

Foxconn, Pegatron Pause iPhone Production As Heavy Rains Batter Chennai

Apple iPhone's biggest iPhone contract manufacturer Foxconn has halted the production of iPhones models at its facility in the southern Indian state of Chennai, as the state is pounded by torrential rains, says a report by news agency Reuters, citing …

Deal will bring Microsoft data centers to Foxconn land in Wisconsin

Six years ago, amid much hoopla, Foxconn Technology Group announced plans to invest $10 billion in a manufacturing plant in Mount Pleasant, Wisconsin. Those plans, laden with state and local incentives, came far from fully materializing. But a new deal …

iPhone assembler Foxconn expects strong sales for the holiday quarter

iPhone assembler Foxconn had already predicted “significant growth” during the holiday quarter, but now says that October and November have been even stronger than expected. The company told investors that its November revenue hit T$650 billion ($20.65 …

Foxconn resumes iPhone production at Chennai plant

Foxconn resumes iPhone production in India after heavy rainfall and Cyclone Michaung disruptions. Pegatron also halted production due to the cyclone. Chennai airport closed due to adverse weather conditions caused by heavy rainfall. Several factories in …

Foxconn's subsidiary Bharat FIH to pump Rs 400 crore in Indian arm Rising Stars

A subsidiary of Hon Hai Precision, commonly known as Foxconn, said its Indian entity Bharat FIH will make a capital injection of Rs 400 crore in wholly owned subsidiary Rising Stars Hi Tech as a "long-term investment” for working capital and general …

Foxconn resumes iPhone assembly at Indian facility after weather disruptions

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS BENGALURU (Reuters) -Taiwan's Foxconn resumed operations on Tuesday at its Indian facility that makes Apple iPhones following weather disruptions, two sources familiar with the matter said. Foxconn and …

Apple faces challenges in 2024: Foxconn predicts limited growth amid iPhone sales concerns

ALBAWABA - In a surprising turn of events, Apple, the tech industry juggernaut and world's leading brand, may encounter obstacles in the coming year, according to recent reports and statements from industry insiders.  Despite its longstanding dominance …

Cyclone Michaung: Chennai floods disrupt business operations; Infosys, HCL Tech, Foxconn, MRF affected

Due to heavy rains, Hyundai's facility in Sriperumbudur remained closed on Monday. iPhone production also stopped in Foxconn and Pegatron factories near Chennai. Ambattur, which is South Asia's largest small-scale industrial estate. Offices of many …

What’s at Stake in Upcoming Taiwan Election

Bottom Line Taiwan’s presidential election is scheduled for January 13, 2024. A down-to-the-wire effort by two of the three opposition candidates to unite against front-runner William Lai Ching-te failed dramatically, while the third candidate made a grand …

Chennai Cyclone Halts iPhone Production: Foxconn And Pegatron Factories Affected

Heavy rains in Chennai, the capital of Tamil Nadu and a key electronics manufacturing hub in India, have forced Taiwan’s Foxconn and Pegatron to pause their Apple iPhone production at factories near the city. What Happened? The downpour, leading to the …

Extreme weather halts iPhone production in India: Foxconn and Pegatron grapple with disruptions

Taiwan-based manufacturing giants, Foxconn and Pegatron, have temporarily halted the production of Apple iPhones at their factories near Chennai in southern India due to the adverse impact of heavy rains, Reuters reported citing sources familiar with the …

Cyclone Michaung disrupts Apple’s iPhone production in India: Foxconn cancels shift amid severe weather

Taiwan's tech giant Foxconn, responsible for manufacturing Apple iPhones in India, has faced a major setback as heavy rain and a cyclone forced the cancellation of its first shift at the Chennai facility on Tuesday. Sources close to the matter …

Encore Law Leads in Timeshare Exit Services with Over $20 Million in Client Refunds

Setting the Standard in Timeshare Dissolution with Personalized Solutions and Proven Results. UNITED STATES, December 9, 2023 /⁨EINPresswire.com⁩/ -- In the competitive market of timeshare exit services, Encore Law Legal Network emerges as a front …

Wave Welcome CEO, Vennard Wright, Lauded for Excellence in the Technology Industry

Vennard Wright lends years of expertise through his contributions to the technology industry OXON HILL, MD, UNITED STATES, December 9, 2023 /⁨EINPresswire.com⁩/ -- Vennard Wright has been selected for inclusion in Marquis Who’s Who. As in all …

Lindsay's Decor: Visionary Interior Designer Lindsay Bryan Takes Center Stage in Transformative Design Excellence

Lindsay Bryan, the dynamic force behind Lindsay's Decor, emerges as a leading figure in the world of interior design SPRINGFIELD, MO, USA, December 9, 2023 /⁨EINPresswire.com⁩/ -- Lindsay Bryan, the dynamic force behind Lindsay's Decor, …

Del Toro Insurance Explores the Future of Health Insurance in Florida

Del Toro Insurance is delighted to assist individuals in navigating the future of health insurance in Florida, ensuring they have adequate coverage. MIAMI, FLORIDA, UNITED STATES, December 9, 2023 /⁨EINPresswire.com⁩/ -- Del Toro Insurance is …

تركيا قد تستضيف دول الخليج في قطاع التكنولوجيا المالية

ISTANBUL, TURKEY, December 9, 2023 /⁨EINPresswire.com⁩/ -- اعتبرت الزيارات الأخيرة التي قام بها الرئيس رجب طيب أردوغان إلى الإمارات العربية المتحدة وقطر خطوة مهمة في زيادة تطوير التعاون بين الدولتين. كما أعرب عالم الأعمال المرافق للرئيس أردوغان …

Oklahoma City Community College y el Consulado de México forman asociación histórica

OKLAHOMA CITY, Oklahoma, Dec. 09, 2023 (GLOBE NEWSWIRE) -- En una medida significativa para mejorar las oportunidades educativas y el enriquecimiento de la comunidad, el Oklahoma City Community College (OCCC) se asocia con el Consulado de México en …

Inclusion Matters by Shane’s Inspiration and Los Angeles Unified School District Host Inclusive Schools Week…LA…UNIFIED!

Over 90 schools enrolled in this year’s week-long inclusion celebration. Students with and without disabilities were united through inclusive activities. LOS ANGELES, CA, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- Today, at Stanley Mosk …

InkTrail Press LLC: Transforming the Future of Publishing with Innovation and Vision

InkTrail Press LLC: Tradition Meets Innovation GLENDALE, CALIFORNIA, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- InkTrail Press LLC is proud to announce its official launch as a hybrid publishing firm specializing in publicity services, film …

Mattress Warehouse Announces the Opening of their 2nd Retail Location in Florida

Mattress Warehouse expansion plan continues with the opening of their new store in Davenport, FL. FREDERICK, MD, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Mattress Warehouse (mattresswarehouse.com), the No. 1 independently-owned …

Bren-Tronics, Inc. Awarded Contract From DIU to Deliver Military Battery Storage Needs at Commercial Scale

Long Island, New York-based Reliable Rechargeable Battery Maker Helps Accelerate DoD Adoption of Commercial Battery Technology COMMACK, NY, US, December 8, 2023 /⁨EINPresswire.com⁩/ -- Today’s warfighters are increasingly reliant on mobile and …

Hyatus Stays Announces Charitable Commitment: Pledging 1% for Community Initiatives

Hyatus Stays Champions Social Responsibility with 1% Pledge, Partners with Resettlement Agencies and Supports Asylum Seekers in a Bid for Positive Change UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Hyatus Stays, a leader in the …

Notice to American Trust Investment Services Customers Who Suffered Losses in GWG L Bonds: Contact KlaymanToskes

American Trust Investment Services Customers: KlaymanToskes Continues to File Claims for GWG L Bond Investors NEW YORK, NY, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes continues to investigate …

Website Closers Finds A New Home For 19-Year-Old SaaS Health Marketing Company Profit Partners LLC

TAMPA, FLORIDA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- WebsiteClosers.com, the world’s largest Technology and Internet-focused Business Brokerage, is pleased to announce the successful sale of Profit Partners LLC, a renowned SaaS …

Notice to Centaurus Financial Customers Who Suffered GWG L Bond Investment Losses: Contact KlaymanToskes

KlaymanToskes Offers GWG L Bond Recovery Options for Centaurus Financial Customers who Suffered Investment Losses NEW YORK, NY, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes continues to investigate …

Brandom™ Launches All-Inclusive One-Year “Certainty” Path for Founders and Entrepreneurs

Brandom™ is changing the narrative for growth-minded founders and entrepreneurs by with their proven one-year hands-on guidance + creative + service program. LAS VEGAS, NV, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Brandom™ Launches …

InventionHome® Announces New Invention— Side Shelf Fishing Seat

MONROEVILLE, PA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Eugene B. of Ketchikan, AK is the creator of the Side Shelf Fishing Seat, a comfortable, movable, and secure seating option for a boat that takes up little space and leaves …

Notice to Arete Wealth Management Customers Who Purchased GWG L Bonds: Contact KlaymanToskes

Arete Wealth Management Customers: KlaymanToskes Continues to File Claims for GWG L Bond Investors NEW YORK, NY, USA, December 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss attorneys KlaymanToskes continues to investigate Arete Wealth …

Westgard Capital’s Partnership with Engagedly Set to Enable the Future of Work

Leveraging Westgard's Proprietary M&A Playbook, Engagedly Expands Into High Growth Non-Desk Worker Segment Without An Expensive Price Tag LOS ANGELES, CA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Los Angeles-based investment …

Active Sensing, A Pioneer in PLM Solutions, Finds New Leadership in Strategic Acquisition Through Website Closers

This acquisition not only signifies a strategic move in the software solutions sector but also reflects the enduring impact of Active Sensing in providing tools TAMPA, FLORIDA, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Active Sensing …

Neurodiversity at the Forefront: Maxwell Huffman Rises to Director of Operations at Aspiritech

Maxwell Huffman's rise to Director at Aspiritech underscores universal lessons to create inclusive workplaces and build organizational success. CHICAGO, ILLINOIS, UNITED STATES, December 8, 2023 /⁨EINPresswire.com⁩/ -- Aspiritech Promotes …