Foxconn plan $9 billion move into the semiconductor industry

Foxconn Technology Group, a Taiwan-based electronics manufacturer, is planning a $9 billion chip-making plant in China starting in 2020. The project will see Foxconn move into the semiconductor industry, relieving some of its reliance on…

Slowing smartphone market prompts Foxconn job cuts

Foxconn Technology Group, a Taiwan-based electronics manufacturer, is one of Apple’s largest iPhone suppliers. However, the company is planning to cut 10% of non-technical staff in a scramble to reduce costs due to slowing smartphone market. Foxconn…