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Foxconn, the Taiwan-based manufacturing partner of companies like Apple and Nvidia, and Intrinsic, an AI and robotics company under the Alphabet umbrella, are investing in a joint venture that will deploy robots in Foxconn’s U.S. factories, according to a statement from Intrinsic released Thursday evening. “Foxconn just has huge manufacturing expertise,” Wendy Tan White, CEO … Read more
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, on the strength of … Read more
The mystery buyer of the former General Motors factory owned by Foxconn in Lordstown, Ohio is apparently SoftBank, according to Bloomberg News. SoftBank wants to use the factory to build AI servers as part of the Stargate data center project being spearheaded by the Japanese conglomerate, OpenAI, and Oracle. The report comes just a few … Read more
In this photo illustration, a Foxconn logo is seen displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Foxconn, the world’s largest contract electronics manufacturer, has received approval from the Indian government to build a semiconductor plant in a joint venture with HCL Group, drawing an investment of 37.06 billion rupees ($433 million). … Read more
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