Foxconn Stories June 29

Apple supply chain partner Foxconn breaks ground on Wisconsin LCD plant

Key Apple supply chain partner Foxconn has now broken ground on its first plant in the United States. The Wisconsin factory project is estimated to cost $10 billion and create thousands of jobs. President Donald Trump attended the construction launch, who has said he hopes this project will help kickstart a wave of US manufacturing, with less reliance on Asia.

Foxconn Stories June 27

The wisdom of Wisconsin offering $3B in subsidies to persuade Foxconn to build a display factory in Racine County is being further questioned today.

It’s been revealed that taxpayers are now coughing up an additional billion dollars in sweeteners not long after it was reported that Foxconn may not be investing the full $10B it promised

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Foxconn Stories June 8

Foxconn recently spoke about some of its plans to become less dependent on iPhone assembly orders, and one of the company’s biggest initiatives is off to a good start …

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Sylvania HomeKit Light Strip

Foxconn Stories June 6

Being overly dependent on Apple orders can be dangerous to the health of a business. Ask Imagination Tech or Dialog. Which is why iPhone assembler Foxconn is seeking to diversify its business.

In a new interview, Louis Woo, special assistant to Foxconn chairman Terry Gou, outlined some of the company’s plans – and how it has to be careful not to be seen to be competing with Apple …

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Foxconn Stories May 23

When iPhone assembler Foxconn announced that it was building a new display plant in Wisconsin, there was much celebrating over the $10B investment. But it now seems that the company may be planning to scale back the plant …

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Foxconn Stories March 30

iPhone assembler Foxconn sees rise in holiday quarter profits despite gloomy expectations

Among the gloomy predictions being made for iPhone X sales, analysts were predicting that lead iPhone assembler Foxconn would announce declining profits for Q4 2017 …

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