To this end, UBTech is already training its robots to handle various manufacturing-based tasks. This includes functions for multiple industries, from automotive to computers and c

December 2024 revenue soared 42.31% year-over-year, while setting a record for the highest fourth quarter revenue ever. Fourth Quarter: The Apple (AAPL) supplier — which is formally known as Hon Hai Precision (OTCPK:HNHAF) (OTCPK:HNHPF) — said revenue in the fourth quarter grew 15.

Apple: China's ministry of foreign affairs said in a statement on Friday the nation "treats all countries equally and is open to enterprises" from everywhere. "China has never done anything that harms interests of other nations to the detriment of itself,

UBTech and Foxconn have signed a ‘comprehensive long-term partnership’ to deploy more robots in the iPhone maker’s factories.

China's moves appear to be part of a broader response, potentially in retaliation for India’s restrictions on visas for Chinese officials or its approach towards Chinese investments, source have said

Apple and Nvidia supplier Foxconn posted a record topline in Q4 driven by higher cloud and networking and strong demand from AI servers.

Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers have also been expanding into new industries. In October Foxconn unveiled two new electric-vehicle designs,

Apple launched its dedicated Apple Store app in India on Friday, deepening its retail presence in the world's most populous country as the iPhone maker Apple launches its dedicated Apple Store app in India,

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.

Apple and Foxconn urgently seek Indian government assistance due to severe delays of specialized manufacturing equipment at Chinese ports. These delay

Recent shifts in the global smartphone manufacturing landscape highlight diversification efforts among iPhone manufacturers. Tata Electronics is exploring partnerships with major Android brands, while Luxshare expands through acquisitions,

Shenzhen-based UBTech Robotics, China's largest maker of humanoid robots, will deploy its robots in Apple supplier Foxconn's factories to help with "complicated and delicate production", according to a senior executive.