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Foxconn

Apple, Foxconn considering joint investment in $7 billion U.S. display factory

Foxconn's chairman said that the company was considering a joint investment with Apple in a $7 billion display factory to be built in the U.S.

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One Foxconn factory has reportedly replaced 60,000 workers with robots

A new report claims Foxconn, which assembles iPhones for Apple, has replaced 60,000 of its 110,000 workers at one of its Chinese factories with robots.

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Foxconn to set up an iPhone manufacturing facility in India

Foxconn has been in talks with the Indian government over an iPhone manufacturing facility in the country. According to Economic Times, the Chinese manufacturer is close to inking a deal over a 1,200-acre area of land in the state of Maharashtra, with the project estimated to cost $10 billion.

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Foxconn finally agrees to acquire Sharp for $3.5 billion

Taiwan-based manufacturer Foxconn has finally agreed to a deal to take over Sharp. The Japanese electronics company was originally set to be taken over for $4.3 billion but the deal was suddenly put on hold for Foxconn to analyze Sharp's financial situation.

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Foxconn's $4.3 billion takeover of Sharp suddenly placed on hold after announcement

Sharp announced that a take over by Taiwanese manufacturing giant Foxconn has been agreed to the sum of $4.3 billion, but hours after release Foxconn stated that the deal has been placed on hold.

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Fire at Foxconn's main iPhone plant in China won't impact production, no injuries reported

A fire broke out on Sunday night at Foxconn's main iPhone manufacturing plant in Zhengzhou, China. No injuries have been reported, and Foxconn claims that the fire will not result in any production delays.

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Foxconn offers $5.3 billion to purchase Sharp

Foxconn has made an offer to purchase display maker Sharp for $5.3 billion (Β₯625 billion), according to The Wall Street Journal.

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Apple, Foxconn are reportedly considering major investments in Sharp's LCD business

Both Foxconn and Apple are said to be mulling major investments in Sharp's display business, which would see Foxconn take a majority stake in the business.

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Foxconn may be scouting locations in India for a new iPhone manufacturing facility

Foxconn is reportedly looking to start manufacturing iPhones in India, and is scouting locations in the countries for factories. Manufacturing iPhones and other Apple devices in India could see their prices drop in the country.

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Foxconn may build up to 70% of iPhone 6s orders, 100% of iPad Pros

Apple will reportedly continue using Foxconn as its primary manufacturing partner. Not only is the company said to receive as many as 70% of Apple's orders for this year's iPhone, but they will also reportedly build the long-rumored iPad Pro.

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