Mitsubishi Is Keeping The Lancer Evo's Spirit Alive... In An SUV Built By Another Company Mitsubishi wants to keep its rally-bred icon's legacy alive, even if it means borrowing someone else's SUV to do it. Motor1 · 21h ago
A $4 Billion Reason to Buy TSMC Stock Now The world's leading chip foundry is benefiting from booming data center demand while investing billions to expand production in the United States. Barchart · Oct 20
As the US and China race ahead in AI, France carves its own path with Nvidia’s help Nvidia bets almost $10 billion in Europe as Paris pushes for AI sovereignty. Euronews · Oct 14
Behind big billions, the China hedge begins to take shape in India Hyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiative aims to strengthen local manufacturing and expand research and development facilities. Attracting global interest, especially with competitors like Toyota and Suzuki also enhancing their footprint, Hyundai’s success hinges on optimizing logistics… The Economic Times · Oct 14
Skepticism mires Trump’s Iowa steel plant project: ‘Promises are not the same as jobs’ The project has sparked doubts over whether the plant will be built and delivered as promised, given Trump’s record The Guardian - US · Oct 7
Snapdeal parent AceVector lists at 12% discount AceVector'sRs 420 crore IPOcomprised Rs 287 crore in fresh capital and a Rs 133 crore offer-for-sale (OFS) component in which investors, including SoftBank, Nexus Venture Partners, and Foxconn, sold their shares. The Economic Times · Oct 5
Apple's First Foldable iPhone Faces Reported 40% Manufacturing Shortfall Ahead of October Launch Apple's first foldable iPhone reportedly had final assembly yields slightly above 60% in September, raising concerns about launch supply as suppliers address hinge, display and production issues. International Business Times UK · Oct 2
Iowa lawmakers to vote on raising tax incentive cap for a $15B steel plant Iowa lawmakers are set to return to the Statehouse Friday to consider expanding state tax incentives The Independent UK · Oct 2
Snapdeal parent AceVector to launch IPO on September 25, seeks Rs 1,741-crore valuation AceVector is raising Rs 287 crore in fresh capital through the IPO, while investors, including SoftBank, Nexus Venture Partners and Foxconn, are selling shares worth Rs 133 crore through the offer-for-sale component. The Economic Times · Sep 22
These Absolutely Wild-Looking EVs Are Saudi Arabia's First Homegrown Cars Saudi Arabian automaker Ceer just launched its first two models, the Exobot sedan and SUV. They look straight out of a video game. InsideEVs · Sep 21
Foxconn Just Delivered a Major Bullish Signal for Nvidia Stock Foxconn’s AI-fueled growth signals strong demand for Nvidia-powered infrastructure, adding fresh momentum to the bullish case for NVDA. Barchart · Sep 12
Foxconn says third quarter to outperform market expectations on AI strength Foxconn, Nvidia's biggest server maker and a major Apple supplier, has been a big beneficiary of the trend towards AI, reporting last month a 35% rise in second-quarter profit that beat analyst forecasts. The Economic Times · Sep 7
To Chennai from Cupertino: How Tim ‘cooked’ Apple's India recipe Tim Cook leaves Apple after 15 years with India as a critical part of his supply-chain legacy. What began with assembling older iPhones in 2017 has grown into a major global manufacturing hub, with India now making about one in four iPhones and potentially expanding into MacBooks and iPads. The Economic Times · Sep 2
Google to stop making Pixel devices in China, report claims — India and Vietnam prime candidates for manufacturing shift owing to Beijing-Washington tensions To reduce reliance on China, Google plans to relocate production of Pixel smartphones, smartwatches, and headsets from China to India and Vietnam. Tom’s Hardware · Aug 19
InsideEVs · Aug 12 Mitsubishi Taps iPhone Manufacturer For its Next EV Called the ASX VR-e, this Mazda CX-30-sized crossover is made for Australia and New Zealand.
The Economic Times · Aug 12 Foxconn posts quarterly profit surge on AI server demand The company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official name is Hon Hai Precision Industry, has gone beyond assembling low-margin iPhones to making AI servers for US tech giant Nvidia, along with electric vehicles and robots.
The Economic Times · Aug 4 Foxconn vendor Agile Robots acquires majority stake in XNG Automation to scale up local production "We have acquired a majority stake in Bengaluru-based XNG Automation to expand our local production of automation solutions," Agile India managing director Saravanan Solaiappan said without sharing financial details of the deal.
Tom’s Guide · Jul 24 iPhone Ultra delay leak right after Samsung's triumphant Galaxy Fold 8 launch has me sick of waiting for Apple's foldable Samsung just released its own iPhone Ultra rival, while Apple's first foldable attempt might be delayed again. At this point, I'm truly sick of how slow Apple moves.
International Business Times UK · Jul 20 'This Is Fake News': Elon Musk Kills Viral $52 Billion SpaceX-Foxconn AI Deal Story Elon Musk refuted a viral claim that SpaceX ordered $52 billion worth of AI servers from Foxconn, highlighting the rapid spread of unverified information on social media.
International Business Times UK · Jul 20 Elon Musk Denies $52B SpaceX AI Server Deal; Dell and SMCI Stocks Rise Elon Musk has publicly denied a report that SpaceX placed a $52 billion AI server order with Foxconn, easing pressure on Dell and Super Micro shares after sharp recent declines.
The Economic Times · Jul 6 Global Market: Foxconn Q2 revenue jumps nearly 40% on AI demand, beats estimates Foxconn reported a better-than-expected 39.8% year-on-year jump in second-quarter revenue, driven by strong demand for AI servers and cloud networking products. The world's largest contract electronics manufacturer also posted record June revenue and expects further growth in the third quarter despite macroeconomic uncertainties.
The Economic Times · Jul 5 Foxconn second-quarter revenue jumps, company cautions on geopolitics Revenue for Nvidia's biggest server maker and Apple's top iPhone assembler jumped to T$2.513 trillion ($78.71 billion) in the April-June quarter, Foxconn said in a statement on Sunday.
TechRadar · Jul 1 Forget the dull iPhone 18 Pro leak — hackers took 181 files from Apple's India assembly partner, and we should brace for more Apple's iPhone 18 leak troubles may be far from over if hackers find more leakable files in the big Tata data breach.
The Economic Times · Jun 25 Foxconn subsidiary acquires shares in India unit for $37.2 million Foxconn has been ramping up its presence in India significantly driven by demand from Apple but also its own '3+3+3 strategy' which looks to integrate three emerging industries, three core technologies, and three smart platforms to ensure long-term, sustainable growth for the Taiwanese contract manufacturer.
TechRadar · Jun 23 Tata Electronics confirm data breach, with hackers claiming 200,000 Apple, Tesla files stolen World Leaks shared a large database allegedly stolen from Tata Electronics, containing sensitive Apple and Tesla files.