Foxconn to cooperate with SK C&C to tap China IT service market

ChinaFoxconn Electronics (Hon Hai Precision Industry) on March 26 announced cooperation with SK C&C, a South Korea-based IT service provider, to establish a joint venture for tapping the China’s IT service market. The joint venture will start operations in May 2015. Foxconn in June 2014 invested NT$10.8 billion (US$342 million) for a 4.9% stake in SK C&C. The joint venture will initially apply IT services to automated production lines at Foxconn’s factories in China, creating a model of integrating IT services with industrial automation for China-based manufacturers.

http://www.digitimes.com/news/a20150326PD211.html

Foxconn teams up with Tencent, China Harmony Auto to tap into smart electric vehicle market

ChinaFoxconn Electronics has signed a strategic agreement with China-based Internet service provider Tencent Holdings and luxury auto dealer China Harmony Auto Holding for tapping the Internet-connected smart electric vehicle market. However, the companies did not reveal much detail of the cooperation project. The coalition efforts will draw on Foxconn’s manufacturing expertise, Tencent’s Internet platform and China Harmony Auto’s dealership networks, according to industry sources.

http://www.digitimes.com/news/a20150324PD201.html

Hon Hai’s China retail unit builds new brand for ‘makers’

China.gifA retail subsidiary of Hon Hai Precision Industry, the world’s largest contract electronics manufacturer better known by its trading name Foxconn, plans to open 20 stores in China for technology innovators known as “makers,” by the end of the year, a company executive said on Sunday. According to Wang Jung-ching, general manager of Big Cyber, a new retail brand under Hon Hai’s Cybermart consumer electronics chain in China, his firm will open new stores in Beijing and Guangzhou in April and May after already a first store in Shanghai.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1204&MainCatID=12&id=20150323000113

Hon Hai exec allegedly steals 4,000 iPhone 6 handsets

TaiwanNew Taipei District prosecutors on Thursday summoned a Hon Hai Precision Industry executive for questioning on allegations that he had stolen 4,000 iPhone 6 handsets. Initial findings of an investigation revealed that the suspect surnamed Tsai is a veteran executive at Hon Hai, the world’s largest electronics contract manufacturer which manufactures many Apple products.

http://www.wantchinatimes.com/news-subclass-cnt.aspx?cid=1206&MainCatID=12&id=20150320000160

Xiaomi seeking to set up India production plant jointly with Foxconn, Inventec

IndiaXiaomi Technology is currently in talks with its Taiwan-based production partners Foxconn Electronics and Inventec for the possibility of jointly setting up a smartphone plant in India, according to Xiaomi’s co-founder and president Lin Bin. The establishment of a production base in India will be instrumental to Xiaomi’s future growth as the India government is currently promoting the production of industrial products in India, Lin noted.

http://www.digitimes.com/news/a20150316PD202.html

Foxconn expects robots to take over more factory work

TaiwanThe electronics industry may still be reliant on human workers to assemble products, but Apple supplier Foxconn Technology Group is hopeful that robots will take over more of the workload soon. In three years, Foxconn will probably use robots and automation to complete 70 percent of its assembly line work, said company CEO Terry Gou on Thursday in news footage circulated online.

http://mis-asia.com/tech/industries/foxconn-expects-robots-to-take-over-more-factory-work/

Foxconn-Alibaba alliance grows

TaiwanTAIPEI – The Foxconn Technology Group, constantly searching for opportunities other than assembling Apple gadgets, is joining hands with China’s Alibaba Group in e-commerce and cloud-computing ventures. Terry Gou, chairman of the Taiwanese contract manufacturer, has been aggressively branching into other sectors, including telecommunications and robots, as his empire grapples with tight margins from churning out iPhones.

http://business.asiaone.com/news/foxconn-alibaba-alliance-grows

Foxconn targets 70% automation in 3 years: Gou

TaiwanTAIPEI, Taiwan — Foxconn’s Terry Gou (郭台銘), chairman of the world’s largest manufacturer of consumer electronics, yesterday said he hopes 70 percent of assembly can be automated within three years. Hon Hai Precision Industry Co., which trades as Foxconn Technology Group, sees robotics as a major investment direction for the coming year, Gou said at a prayer ceremony marking the Year of the Goat.

http://www.chinapost.com.tw/business/asia-taiwan/2015/02/27/429772/Foxconn-targets.htm

Foxconn continues to step up investments in software and application platforms

TaiwanFoxconn Electronics (Hon Hai Precision Industry) has continued to expand its investments in application technologies and integrated service platforms, aiming to increase added value in the IT supply chain, according to industry sources. Foxconn has recently made equity investments in interactive marketing platform ConneXionONE and design company Gixia Group, the sources noted.

http://www.digitimes.com/news/a20150206PD213.html

Foxconn to shut down Chennai unit on February 10

IndiaCHENNAI: Taiwanese phone-part manufacturer Foxconn, which had suspended its Chennai operations has floated a severance package for the 1,306 workers at the Chennai plant, and told them that February 10 will be the last working day. Foxconn had wound up its plant after its sole Chennai client Nokia had downed shutters in Chennai. Employees have time till February 9 to decide on the offer, delaying which workers will receive a severance amount prescribed by labour laws the next morning.

http://timesofindia.indiatimes.com/tech/tech-news/Foxconn-to-shut-down-Chennai-unit-on-February-10/articleshow/46163123.cms

Facebook planning to give network switch orders to Taiwan ODMs

TaiwanOptimistic about software defined network (SDN) development, Facebook is planning to shift its network switch orders from existing brand partners to Taiwan’s white-box suppliers in 2015 and both Quanta Computer and Wiwynn, a white-box server subsidiary of Wistron, are already preparing aggressively to strive for related orders.

http://www.digitimes.com/news/a20150202PD205.html

Foxconn wants to replace workers with robots

TaiwanTaiwan’s Foxconn Technology Group, the world’s largest contract electronics manufacturer and maker of Apple devices, is hoping to slim its global workforce with the help of robots. The group currently employs about 1.3 million people during peak production times, making it one of the largest private employers in the world. As a key Apple supplier, the company has had a solid run in recent years, but faces declining revenue growth and rising wages in China.

http://www.itnews.com.au/News/399826,foxconn-wants-to-replace-workers-with-robots.aspx

Foxconn to assist China handset brands expanding sales in emerging markets in 2015

TaiwanFoxconn Electronics (Hon Hai Precision Industry) will make assisting its China-based handset clients including Xiaomi Technology, Meizu and MIT boost their sales to emerging markets one of its major goals in 2015, according to industry sources. Xiaomi began to push its smartphones to a number of emerging markets, including Brazil, India, Indonesia, Russia and Turkey, in 2014 but initial results have been lower than expected, said the sources.

http://www.digitimes.com/news/a20150127PD212.html

Xiaomi’s phablet forecast to boost unit of Foxconn

ChinaTAIPEI — Chinese handset maker Xiaomi (小米) Corp.’s newly launched 5.7-inch smartphone is expected to boost sales and profits for FIH Mobile Ltd. (富智康), a unit of Taiwanese contract electronics maker Foxconn Technology Group (富士康), according U.S. brokerage Morgan Stanley. Xiaomi on Jan. 15 unveiled the Mi Note flagship phone that features ultra-slim design, a more powerful processor, improved cameras and better display resolution. The 5.7-inch phone-tablet hybrid is available in China at 2,299 Chinese yuan (US$372).

http://www.chinapost.com.tw/business/company-focus/2015/01/23/427197/Xiaomis-phablet.htm

Foxconn employees to go on hunger-strike on Jan 23

CHENNAI: Stepping up their stir against suspension of production at Foxconn India’s facility near here, the employees have decided to go on a day-long hunger strike on January 23 as part of seeking the state government’s attention, Union sources said today.  Trouble began at the manufacturing facilities of Foxconn situated at Sriperumbudur near here after it decided to suspend production from December 22, 2014. Fearing job losses the employees have been resorting to agitations since then.

http://economictimes.indiatimes.com/tech/hardware/foxconn-employees-to-go-on-hunger-strike-on-jan-23/articleshow/45867078.cms

Rising unemployment: Foxconn still holds ray of hope for jobless staff, from IN

It’s almost an echo of western classic films where a bustling factory suddenly falls silent and the emptiness behind the gates symbolizes its doom. Or the mothballed factories in the manufacturing cluster of Sriperambudur near Chennai. Now thousands of laid-off youth from Nokia and Foxconn are entering the unemployment pool.

http://economictimes.indiatimes.com/tech/hardware/rising-unemployment-foxconn-still-holds-ray-of-hope-for-jobless-staff/articleshow/45738574.cms

Foxconn’s jobless staff still clinging to hope, from IN

CHENNAI: It’s almost an echo of western classic films where a bustling factory suddenly falls silent and the emptiness behind the gates symbolizes its doom. Or the mothballed factories in the manufacturing cluster of Sriperambudur near Chennai.  Now thousands of laid-off youth from Nokia and Foxconn are entering the unemployment pool.Rough estimates suggest over 20,000 direct jobs from the two telecom factories were slashed, and thousands more in ancillary roles.

http://timesofindia.indiatimes.com/tech/tech-news/Foxconns-jobless-staff-still-clinging-to-hope/articleshow/45742469.cms

Foxconn India completes all production orders at Chennai unit

CHENNAI: Indicating that there were no more production orders for employees to work for at its Sriperumbudur unit near here, Taiwan-based electronics parts maker Foxconn today said it has completed them and all its employees were placed on “paid-holiday-leave” status. “FIH Mobile confirms that employees at our India operation, FIH India Private Limited in Chennai, have been placed on paid-holiday-leave status from December 22 as that facility has completed all of its production orders”, the Taiwan based firm said in a statement.

http://economictimes.indiatimes.com/tech/hardware/foxconn-india-completes-all-production-orders-at-chennai-unit/articleshow/45637916.cms

Workers threaten to launch protest if Foxconn stops operations, from IN

CHENNAI: As Taiwan-based contract manufacturer Foxconn prepares to suspend operations at its facilities here, employee unions have threatened to launch a protest if the company stops production from tomorrow.  According to Foxconn India Employees Union, the handset maker has decided to suspend its operations from tomorrow itself. The company had announced to suspend operations at its Chennai facilities from December 24 following closure of Nokia plant, which was a major customer of Foxconn.

http://economictimes.indiatimes.com/tech/hardware/workers-threaten-to-launch-protest-if-foxconn-stops-operations/articleshow/45593344.cms

Foxconn needs to solicit more talent from outside for business development, say sources

The Foxconn Group needs to hire more talent from outside to accomplish its goal of transforming its operations from manufacturing to a trading-centric approach, according to industry sources. To reach the goal of sustainable growth, the group is currently promoting the establishment of a corporate culture that will be based on innovation, creativity and entrepreneurship, and therefore is mapping plans to hire more talent, revealed the sources.

http://www.digitimes.com/news/a20141217PD201.html