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Foxconn profits top forecast, driven by AI server sales
Hon Hai Technology Group, better known as Foxconn, is reporting that its second-quarter profits climbed due to its AI server sales, which are now making up the largest portion of revenue for the electronics giant, surpassing smartphones as its top revenue source.
SoftBank Group Corp. is the buyer taking ownership of Foxconn Technology Group’s electric vehicle plant in Ohio, a move aimed ...
SoftBank, which has struggled to create a financial plan for Stargate, approached Foxconn to get the Apple supplier on board ...
Foxconn plans to cease production of electric, self-driving tractors at its Lordstown plant for California manufacturer Monarch Tractor.
Foxconn, officially Hon Hai Precision Industry Co., is the world’s largest contract electronics manufacturer. It assembles ...
Monarch's tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc., and IndiEV went ...
Earlier this week, Hon Hai Precision Industry, the flagship unit of Foxconn, said it agreed to sell the EV plant to Crescent ...
Tech companies are racing to build powerful data centers across the nation, especially as President Trump calls for increased ...
It's likely the former Foxconn facility in Lordstown will host artificial intelligence infrastructure — but that could mean ...
The firm's emergence as the unnamed buyer of Foxconn's electric vehicle plant in Ohio is spurring optimism that it may be ...
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