Foxconn steers clear of Trump's $30 billion investment claim

Aug 3, 2017

Foxconn steers clear of Trump's $30 billion investment claim

Foxconn Technology Group is not saying whether it plans to invest $30 billion in the United States, as President Donald Trump claimed he was told by the company's leader "off the record." Trump announced to a group of small business leaders at the White House ...

Hon Hai posts surprise profit rise after record iPhone sales

/ Mar 31, 2017

Hon Hai posts surprise profit rise after record iPhone sales

Hon Hai Precision Industry Co. reported an unexpected rise in quarterly earnings after the main assembler of Apple Inc.'s devices rode record iPhone sales during the pivotal holiday shopping period. The world's biggest contract manufacturer of electronics reported a 30 percent increase in net income ...

/ Feb 20, 2017

Apple's upcoming iPhone release keeping Foxconn unit vibrant

Growing optimism about the next iPhone has propelled Apple Inc. to record highs. Halfway around the globe, a lesser-known Taiwanese company is riding that same wave of euphoria. Hon Hai Precision Industry Co., the main assembler of the U.S. company's smartphones, has gained 29 percent ...