foxconn Archives - Coinspeaker

Nvidia Announces New H200 GPU for High-Speed Data Processing and AI Model Training

Nvidia has unveiled the H200 chips, which is a significant improvement from H100, and is expected to be available from Q2 2024.

Foxconn Joins Hands with Nvidia to Build AI Factories

Artificial Intelligence, Business News, News, Technology News

By Bhushan Akolkar Oct 18, 2023

The two chipmaking giants will work on building AI factories for electric vehicles where Nvidia plans to use its own chips and software for the development.

Apple Begins iPhone 15 Production Outside China

Business News, Mobile, News, Technology News

By Mayowa Adebajo Aug 17, 2023

Apple CEO Tim Cook is claiming that India simply offers a “huge opportunity”, so, the firm has been ramping up iPhone production in the region.

Business News, Market News, News, Stocks, Technology News

Foxconn Maintains Caution on Global Uncertainties despite Beating Forecasts in Q2 2023 Earnings

By Bhushan Akolkar Aug 14, 2023

Foxconn sees sluggish demand for electronics within the global economy for the rest of the year and thus it has reduced its revenue estimates.

Business News, Market News, News

Foxconn Sees 14% Drop in Q2 2023 Sales, Shares Robust Outlook for Q3

By Bhushan Akolkar Jul 5, 2023

Foxconn expressed optimism about the upcoming third quarter, anticipating a brighter outlook as they approach the peak shopping season at the end of the year.

Artificial Intelligence, Business News, News, Technology News

Foxconn Expects Growing AI Demand to Boost Its Server Business This Year

By Tolu Ajiboye May 31, 2023

Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023.

Business News, Mobile, News, Technology News

Foxconn Says April Sales Drop 12% due to Decline in Smartphone Shipments

By Steve Muchoki May 5, 2023

The growth of artificial intelligence technology is expected to increase the overall demand for fast-processing electronics.

Business News, Mobile, News, Technology News

Foxconn’s iPhone City Plant Runs at 90% Capacity

By Sanaa Sharma Jan 3, 2023

The factory’s unflinching efforts to manufacture products will turn out to be profitable for the upcoming lunar New Year shopping season.

Business News, Market News, News

Apple’s Supplier Foxconn Predicts Flat Revenue in Q4 Due to Covid Curbs in China

By Ibukun Ogundare Nov 10, 2022

Foxconn’s major production base in central China, with around 200,000 employees, is currently not operating.

Business News, Market News, Mobile, News, Stocks

Apple to Begin Manufacturing iPhone 14 Models in India, AAPL Stock Up

By Godfrey Benjamin Sep 26, 2022

India is the world’s second-largest market for smartphones and with the limited presence of Apple in the region, the move to add iPhone 14 production is considered one of the most strategic steps to dominate the market.

Business News, Market News, News, Stocks, Technology News

Analysts Confident on Apple and Foxconn Ability to Manage Chip Disruptions

By Steve Muchoki Mar 16, 2022

Foxconn Technology stock is down approximately 16.35 percent, 5.39 percent, and 3.91 percent in the past year, YTD and three months respectively

Business News, Market News, News, Stocks, Technology News

Apple to Debut Faster Watch with Temperature and Glucose Testing Capabilities, AAPL Stock Slightly Up

By Godfrey Benjamin Jun 14, 2021

Beyond the company’s move in seeking advancement in its smartwatch, it is also working assiduously to explore new areas, notably in the Apple car pursuits.

Business News, IPO News, Market News, News, Wall Street

Foxconn-backed TV Maker Vizio Submits IPO Application, Five Years Later after First Attempt

By Bhushan Akolkar Mar 2, 2021

After traversing through some rough roads over the last few years, the smart-TV maker Vizio will be going ahead with a $100 million public offering.

Business News, Deals News, Market News, News, Stocks

Foxconn Forms Joint Venture with Geely to Build Cars for Other Automakers

By Godfrey Benjamin Jan 13, 2021

The Chairman of Foxconn Technology Group stated that the partnership aligns with the company’s visions and reemphasizing the leading position Foxconn holds in today’s technology ecosystem.

Business News, Deals News, Market News, News, Stocks

Hyundai Revises Statement of EV Cooperation with Apple, Hyundai Shares Up 20%

By Godfrey Benjamin Jan 9, 2021

With reports of Apple aiming at developing its own EV autonomous vehicles, the company will surely find a collaboration with Hyundai or any other established auto manufacturing firm.