Apple's iPhone assembly partner Foxconn has asked the Indian government for larger payments from a manufacturing fund, because other companies failed to meet standards.

Leading market analysts highlighted Foxconn's surprise Q4 performance, with Jim Cramer suggesting investors may have overlooked the company.

Foxconn and Dixon Technologies are requesting subsidies from India’s production-linked incentive program, claiming they are eligible for unallocated funds. The government pledged 410 billion rupees in subsidies,

The Apple supplier has spent millions in the United States, India and Mexico over the past two years to lessen its dependence on China.

Apple manufacturing partner Foxconn has announced a partnership with Porotech to enter the augmented reality (AR) glasses market. Leveraging Porotech’s gallium nitride (GaN) technology and Foxconn’s vertically integrated services,

Foxconn could get as much as Rs 600 crore and Dixon Rs 100 crore if the government releases the funds, the people said, asking not to be identified as the matter isn’t public. The government is reviewing the two requests,

Donald Trump term means the Apple CEO will need to find ways to keep his supply chain in China out of any potential trade disputes.

Chip stocks surged in intraday trading Monday after Taiwan's Foxconn posted record fourth-quarter revenue, driven by the boom in artificial intelligence (AI) demand.

This matters because Foxconn is the world’s top contractor manufacturer for electronics, and counts Apple, HP, and Dell among its consumer-facing clientele, and deals directly with hyperscalers who rely on the company to produce their servers and other infrastructure.

Unemployment Rate for Nov in Mexico is 2.6%, higher than the previous value of 2.5%. The forecast was 2.7%.

The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.