Following a request from Apple, Foxconn could move production out of China for certain iPad and MacBook models according to a report by Reuters. The new assembly lines would be based in Vietnam. As a…
There has been a constant drumbeat on the U.S.-China trade front since the start of the Trump administration. President Trump has decoupled the Chinese economy on a proposal over and over again. There was the…
Taiwanese tech giant Foxconn said Friday its first quarter revenues had fallen by almost 90% a year as the global pandemic disrupted operations and affected demand, particularly for smartphones. The results show how coronavirus is…
Foxconn announces year-over-year profit decline of 89% to $ 70 million in the first quarter with year-over-year revenue decline of 12% other, because the coronavirus has frozen a large part of its production and demand…