NEWSWORTHY

Trump met with Foxconn CEO about ever-changing Wisconsin project

Business May 3, 2019

Trump met with Foxconn CEO about ever-changing Wisconsin project

Foxconn Technology Group CEO Terry Gou has met with President Donald Trump to discuss the company's ever-changing Wisconsin project. Foxconn confirmed the meeting on Thursday but offered few details on what was discussed. Wisconsin Gov. Tony Evers says Foxconn approached him about changing the state's ...

Foxconn unit planning $4 billion investment after China IPO

Business / Corporate Feb 10, 2018

Foxconn unit planning $4 billion investment after China IPO

Foxconn Industrial Internet Co., is seeking to use proceeds from an initial public offering in China to bankroll 27.3 billion yuan ($4.3 billion) investment in next-generation projects. A unit of Hon Hai Precision Industry Co., the Taiwanese manufacturing giant responsible for making Apple iPhones and ...

Business / Corporate 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 ...