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Apple supplier Hon Hai commits .5 billion – Times of India
  • Business

Apple supplier Hon Hai commits $1.5 billion – Times of India

alishpagda08@gmail.com2 months ago02 mins

Hon Hai Precision Industry Co., the main manufacturer of Apple Inc.‘s iPhones, will inject $1.5 billion into its India unit as production shifts away from China.The Taiwan-based company said in an exchange filing on Monday that it had made the investment through its Singaporean subsidiary. Hon Hai, which is building new plants and adding production…

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Hon Hai misses profit as AI doubts persist – The Times of India
  • Business

Hon Hai misses profit as AI doubts persist – The Times of India

alishpagda08@gmail.com4 months ago02 mins

Hon Hai Precision Industry Co. posted a surprise earnings fall after weak Chinese iPhone sales eroded margins, though the Nvidia Corp. supplier forecast a doubling in AI-related revenue this quarter.The Taiwanese company’s net income plunged 13% to NT$46.3 billion ($1.4 billion), far short of analysts’ estimates for a 2.3% gain. Hon Hai, one of Nvidia’s…

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  • Amicus counters government stand, says it violates right to autonomy | India News – Times of India
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  • IND vs ENG 4th Test: ‘Giving bowling is captain’s call, not in my hands’ – Shardul Thakur puts the ball in Shubman Gill’s court on bowling strategy | Cricket News – Times of India
  • Hulk Hogan dies: John Cena, Triple H and wrestling world mourn death of WWE legend
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