TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record third-quarter revenue on strong demand for artificial intelligence products, though it missed the market forecast and offered caution about exchange rates. Revenue for Nvidia‘s biggest server maker and Apple‘s top iPhone assembler jumped 11% from the same quarter last year to T$2.057 trillion…
Apple’s largest iPhone manufacturer Foxconn’s subsidiary Yuzhan Technology has recalled about 300 Chinese engineers from its India operations, says an Economic Times report. This marks the second such instance in recent months. On July 2, reports surfaced that Foxconn had recalled a similar number of engineers and technicians from its iPhone factories in India. Quoting…
Four people that Mint spoke with said that while the withdrawals may not lead to a major disruption of operations for Apple or Bharat Foxconn International Holdings Limited (FIH), at stake is India’s ability to expand its assembly lines without oversight from China-based technology experts, partners and stakeholders. For now, China’s move appears to be…
Foxconn has quietly pulled back hundreds of Chinese engineers from its iPhone plants in southern Indiaa move that could throw a wrench into Apple’s (NASDAQ:AAPL) fast-tracked diversification plans. More than 300 workers have already flown home over the past two months, according to people familiar with the matter, leaving mostly Taiwanese support staff on the…