On Wednesday, Taiwanese electronics manufacturing giant Foxconn stated, it will partner with U.S. firm Medtronic Plc to manufacture ventilators to help patients afflicted by the Wuhan coronavirus outbreak. Formally known as Hon Hai Precision Industry Co Ltd, Foxconn is best known for assembling Apple’s iPhones at factories in China. Foxconn’s statement, released through the company’s…
Although Foxconn’s chairman Terry Gou plans on retiring in order to run for elections, the company’s filing with Taiwan’s stock exchange shows his name in the proposed candidates for the company’s new board.
Microsoft has demanded that Foxconn pay patent royalties in its latest lawsuit. On Tuesday, Foxconn’s CEO Terry Gou stated, it does not expect to suffer any loss as a result of a lawsuit filed by Microsoft Corp. In its lawsuit, Microsoft has stated, Foxconn has not paid its patent royalties. At a press conference in…
Distrusted due to its close ties with China, Foxconn has to tread carefully and bridge its American business ties with its Communist friends. Less than two weeks after Terry Gou, the CEO of the world’s largest contract electronic manufacturer went to the White House to discuss boosting its investment plans in the U.S., Chinese Premier…
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