Nvidia and Amazon AI supplier Foxconn is investing in Mexico

Nvidia and Amazon AI supplier Foxconn is investing in Mexico

Photo: Jose Luis Gonzalez (Reuters) For many, hearing the name Foxconn immediately brings to mind iPhone production. It’s true, the Taiwanese company is a major producer of Apple’s smartphones and other products. But it also makes something companies like Nvidia, Amazon, and more are in high demand of: AI-related hardware. And Big Tech companies in …

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Foxconn: Foxconn to invest $1.5 billion to give a big push to Apple’s ‘made in India’ plans

Foxconn: Foxconn to invest .5 billion to give a big push to Apple’s ‘made in India’ plans

One of Apple’s biggest manufacturing partner is Taiwan-based Foxconn Technology and has been heavily involved in India as well. Now, according to a report by CNBC, Foxconn is set to invest $1.5 billion in India for “operational needs”. This was revealed in Taiwanese security filings. As per the security filings, the investment was made through …

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IPhone Supplier: iPhone supplier Foxconn enters a new ‘space’

IPhone Supplier: iPhone supplier Foxconn enters a new ‘space’

Foxconn has reached outer space. Apple’s biggest supplier has achieved this feat by sending two prototype low-Earth orbit satellites aboard a SpaceX rocket from Vandenberg Space Force Base in southern California. With these new satellites, the company wants to demonstrate that it has the technology to tap into the growing market for communications from space.Foxconn’s …

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Vedanta Acquires Foxconn Chip Joint Venture From Twin Star Technologies

Vedanta Acquires Foxconn Chip Joint Venture From Twin Star Technologies

Anil Agarwal-led Vedanta Group has announced its acquisition of the semiconductor and display units from Twin Star Technologies, a sister concern. This move positions Vedanta as the first company in India to venture into the Integrated Semiconductor and Display Fab Business. In a regulatory filing, Vedanta stated that its board of directors, during a meeting …

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Foxconn, iPhone Supplier, Plans $250 Million Investment in EV Components Unit in Vietnam

Foxconn, iPhone Supplier, Plans 0 Million Investment in EV Components Unit in Vietnam

Foxconn, the world’s largest contract electronics assembler, is making significant investments in Vietnam’s burgeoning electric vehicle (EV) industry. The company is set to invest approximately $250 million in two new projects, solidifying its plans to diversify beyond its traditional focus on Apple and other major brands. Through its unit Foxconn Singapore, the Taiwanese giant will …

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