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Foxconn Technology Co., Ltd. (2354.TW)

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+1.70

(+2.82%)

At close: 1:30 PM GMT+8

How the U.S.-China Trade War Is Delivering Big Wins for Mexico

The U.S. trade deficit with China is at its lowest level in nearly 15 years. But it’s not necessarily because Americans are buying fewer Chinese goods. WSJ’s Dion Rabouin explains why, and what it means for Mexico’s economy. Illustration: Noah Friedman/Storyblocks

WSJ 15 days ago

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Jobs report, Fedspeak, Foxconn sales: What to watch

As the day draws to a close, Yahoo Finance Live anchors Josh Lipton and Julie Hyman preview the key events to watch for Friday, April 5, 2024. The highly anticipated March Jobs report is slated for release. It will offer insights into the robustness of the labor market. Analysts are projecting an unemployment rate of 3.8% and an additional 215,000 jobs. Insights from the Federal Reserve are expected, with Fed speak scheduled from four officials, including Fed Governor Michelle Bowman and Boston Fed President Susan Collins. Their commentary may shed light on the central bank's outlook regarding potential rate cuts. Treasury Secretary Janet Yellen is set to address the US business community in China, aiming to discuss the intricacies of the economic relationship between the two nations. Lastly, Apple (AAPL) supplier Foxconn (2354.TW) will unveil its sales figures for the month of March. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Angel Smith

Yahoo Finance Video 19 days ago

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Foxconn warns of revenue of drop in Q1

Foxconn (2354.TW), best known for assembling Apple's iPhone (AAPL), reported revenue declined in both December and fourth quarter as a whole. The company also warned it expects a year-over-year revenue decline in the first quarter as well. Foxconn noted "slower market demand" for its smart consumer products in the fourth quarter. That echoes the comments of two Apple analysts who downgraded the stock this week on iPhone demand concerns. Yahoo Finance Live discusses the report and what it could mean for other Apple suppliers. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Stephanie Mikulich.

Yahoo Finance Video 3 months ago

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Foxconn to invest additional $1B in India plant: Report

Taiwan-based electronics manufacturer Foxconn (2354.TW) — Apple's (APPL) main iPhone supplier — secures approval for an additional $1 billion investment into its India plant. This is in addition to initial investment plans of up to $1.6 billion, as reported by Bloomberg. Tech companies increasingly pivot to India for smartphone manufacturing to offset mounting restrictions on China Yahoo Finance Tech Editor Dan Howley weighs the outcomes for Apple and its future product lines as its supply chain seeks to diversify itself. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 4 months ago

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Foxconn faces tax audit, land use investigation from China

Apple (AAPL) iPhone manufacturer Foxconn Technology (2354.TW) is facing a tax audit and a probe into its land use by the Chinese government. Yahoo Finance Tech Editor Dan Howley details the news surrounding the Taiwanese company as more Big Tech companies seek to expand their supply chains outside of China. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Yahoo Finance Video 5 months ago

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Apple starting iPhone 15 production in India: Report

Apple (AAPL) is expanding out of China and is now beginning production of its iPhone 15 in India, according to Bloomberg. India had previously only built older iPhone models, but recently began builder newer models. Yahoo Finance Tech Editor Dan Howley breaks down the latest from Apple.

Yahoo Finance Video 8 months ago

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Amazon Hires Dozens of Former FTC Officials, Volkswagen Discusses With Tesla to Adopt North American Charging Standard, FDA Approves First Hemophilia A BioMarin Gene Therapy: Today's Top Stories

New York Post FTC Chair Lina Khan's Impact? Amazon Hires Dozens of Former FTC Officials Amazon.Com Inc (NASDAQ: AMZN) is poaching several staffers from the Federal Trade Commission as it gears up for an antitrust battle with the regulator. The firm battling charges of strong-arming third-party sellers into using its logistics network – has already hired around a dozen former FTC officials. Insiders say FTC Chair Lina Khan made Amazon's hiring spree much easier. Reuters Volkswagen May Join Other

Benzinga 9 months ago

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Lordstown Motors files for bankruptcy while suing Foxconn

American EV developer Lordstown Motors is filing for Chapter 11 bankruptcy while suing iPhone manufacturer Foxconn over a failed deal. Yahoo Finance markets reporter Josh Schafer joins the Live show to discuss the lawsuit and Lordstown Motors' recent stock performance.

Yahoo Finance Video 9 months ago

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Inside Samsung’s and Apple’s Manufacturing Moves Outside of China

A range of geopolitical factors are pushing tech giants to relocate their operations from China. Here’s a closer look at the strategy behind Samsung’s and Apple’s manufacturing moves outside of China. Photo illustration: Amber Bragdon

WSJ 10 months ago

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Performance Overview

Return	2354.TW	TSEC weighted index
YTD	+16.76%	+12.27%
1-Year	+18.63%	+29.02%
3-Year	-2.06%	+16.37%

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Foxconn Technology Co., Ltd. (2354.TW)

How the U.S.-China Trade War Is Delivering Big Wins for Mexico

Jobs report, Fedspeak, Foxconn sales: What to watch

Foxconn warns of revenue of drop in Q1

Foxconn to invest additional $1B in India plant: Report

Foxconn faces tax audit, land use investigation from China

Apple starting iPhone 15 production in India: Report

Amazon Hires Dozens of Former FTC Officials, Volkswagen Discusses With Tesla to Adopt North American Charging Standard, FDA Approves First Hemophilia A BioMarin Gene Therapy: Today's Top Stories

Lordstown Motors files for bankruptcy while suing Foxconn

Inside Samsung’s and Apple’s Manufacturing Moves Outside of China

Performance Overview