Against the wishes of many environmental groups, Foxconn has been granted permission to divert water from Lake Michigan to a new factory it is building in Mount Pleasant, Wisconsin. The company will drain seven million gallons per day.
Foxconn, along with a bevy of U.S. political leaders, announced it will build a $10 billion LCD display manufacturing plant in Wisconsin, which could create as many as 13,000 jobs after it opens in 2020.
Electronics manufacturing company Foxconn may be ready to sign a deal to open a plant in Wisconsin, potentially bringing with it 50,000 new jobs. Despite the company's ties with Apple, it's not known if Apple products will be made there.
Foxconn, on of the manufacturing companies Apple contracts to make the iPhone and iPad, has been sued by Qualcomm over unpaid royalties. It's the latest salvo between Apple and the San Diego-based chipmaker.
Foxconn has a new business partner. The manufacturer best known for building Apple's iPhone will build the Evoke Urban S electric motorcycle. Accessible for new riders, the Urban S has a city-driving range of up to 83 miles.
Now, we see that Apple's negative financial performance runs downhill as well, with one of its most important suppliers, Foxconn Technology Group, also suffering a drop in sales in 2016 compared to 2015.
Apple supplier Foxconn is moving away from human labor and toward full automation -- and it's doing so in three phases. The move is controversial, as the company has already eliminated thousands of jobs.
No matter how much time you've wasted at the water cooler this year, you'll look like Employee of the Year when compared to a Foxconn worker, who made away with a stunning $1.56 million worth of iPhones.
Foxconn is reportedly developing a wireless charging module that could be implemented in all stock iPhones next year. With a rumored curved screen, too, the iPhone 8 may end up being a very different kind of phone.
Apple supplier Foxconn has terminated 60,000 employees at it's factory in Kunshan, China, in favor of robot workers, according to a recent report. The report also says that other factories in the area are likely to follow suit.
Foxconn has reached a deal with Sharp to acquire the Japanese firm for $3.5 billion, lower than the earlier announced figures, after an extended period of due diligence. Signatures will be exchanged in early April.