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According to a Reuters report, India's cabinet has approved a 37.06 billion rupee (USD 435 million) semiconductor plant to be developed as a joint venture between HCL Group and Taiwan's Foxconn. Citing India’s Information Minister Ashwini Vaishnaw, the report states that the plant will have a m...
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According to MoneyDJ, citing Nikkei, strong demand for AI servers and semiconductors, along with tariff concerns, has prompted customers to pull in shipments early, driving continued revenue growth for Taiwan’s major IT firms in April 2025. As noted by the report, the monthly revenue of 19 Taiw...
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Japanese electronics firm Sharp has announced it will sell its LCD plant in Kameyama, Mie Prefecture, to its parent company, Foxconn, as noted in a Nikkei report on the 12th. While Foxconn has yet to respond, sources suggest the move may be linked to its efforts to expand in Japan’s electric vehic...
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On May 12, the U.S. and China announced a 90-day tariff reduction, cutting U.S. duties on Chinese goods from 145% to 30%. According to Economic Daily News, the move is expected to ease pressure on major contract manufacturers with significant operations in China, including Foxconn, Compal, Quanta, I...
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Although there were earlier concerns about whether major CSPs would scale back AI-related capital spending, Meta and Microsoft have both announced plans to increase their AI investments, according to Economic Daily News. This is expected to be a fresh boost for NVIDIA, with key Taiwanese AI server O...