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Foxconn

India watchdog faults probe of Foxconn hiring, orders new inquiry

NEW DELHI: India’s powerful human rights watchdog has admonished labor officials for failure to adequately...

Published 23 Jan, 2025 10:59am

Technology

TSMC’s fourth-quarter revenue handily beats market forecast on AI demand

TAIPEI: TSMC, the world’s largest contract chipmaker, reported on Friday fourth-quarter revenue that easily beat...

Published 10 Jan, 2025 11:41am

Business & Finance

Foxconn beats estimates with record fourth-quarter revenue on AI demand

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its...

Published 06 Jan, 2025 05:47am

Business & Finance

Foxconn interest in Nissan on hold amid Honda merger talks

Taiwan’s Foxconn is pausing its interest in Nissan Motor as the Japanese automaker explores a potential merger with...

Published 20 Dec, 2024 05:09pm

Business & Finance

Taiwan’s Foxconn in talks with Renault over Nissan stake: report

TAIPEI: Taiwan’s Foxconn is in talks with French auto giant Renault to buy its major stake in Japanese carmaker...

Published 19 Dec, 2024 12:50pm

Technology

Trump, SoftBank CEO announce $100 billion US investment, in echo of 2016 event

Holland PALM BEACH: President-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on...

Published 17 Dec, 2024 11:03am

Technology

Taiwan’s Foxconn says global manufacturing footprint to shield it from Trump’s tariffs

TAIPEI: Taiwan’s Foxconn said on Wednesday it expects any impact of new tariffs from US President-elect Donald Trump...

Published 27 Nov, 2024 10:27am

Technology

Foxconn tells India recruiters: Nix marital status in iPhone job ads

SRIPERUMBUDUR: Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in...

Published 18 Nov, 2024 11:18am

Technology

Taiwan tech giant Foxconn posts $1.5bn Q3 net profit

TAIPEI: Taiwanese tech giant Foxconn on Thursday reported a forecast-topping net profit for the third quarter and...

Published 14 Nov, 2024 01:11pm

Business & Finance

Taiwan’s Foxconn says building world’s largest ‘superchip’ plant

TAIPEI: Taiwanese tech giant Foxconn said Tuesday it was building the world’s largest production facility for US...

Published 08 Oct, 2024 11:46am

World

Foxconn hiring: Modi’s govt urges Indian state to look into Reuters report

BENGALURU: Indian Prime Minister Narendra Modi’s government on Wednesday said it has asked the Tamil Nadu state to...

Published 27 Jun, 2024 06:52am

Technology

Foxconn’s Q1 profit to jump from low base, AI to power growth

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, is expected to report on Tuesday that...

Published 10 May, 2024 01:24pm

Markets

Foxconn shares surge 9.5% after Q4 profit beats market estimates

TAIPEI: Shares of Apple supplier Foxconn rose as much as 9.5% early on Friday to their highest in three years, a day...

Published 15 Mar, 2024 11:02am

Technology

Foxconn cancels first shift on Tuesday at Indian iPhone facility after extreme weather

BENGALURU: Taiwan’s Foxconn has cancelled the first shift on Tuesday at its Indian facility that makes Apple iPhones...

Published 05 Dec, 2023 10:59am

World

India approves $360m in investments in IT hardware sector

MUMBAI: The Indian government has approved investments worth 30 billion Indian rupees ($360.4 million) in the IT...

Published 19 Nov, 2023 03:14am

Technology

Foxconn faces tax audit, land use probe

BEIJING: Foxconn Technology Group , Apple Inc’s largest supplier of iPhones, has been subjected to tax audits at...

Published 22 Oct, 2023 11:31am

Technology

Tech giants Foxconn, Nvidia announce they are building ‘AI factories’

TAIPEI: Taiwanese tech giant Foxconn and US hardware leader Nvidia said Wednesday they would team up to create “AI...

Published 18 Oct, 2023 11:45am

Business & Finance

Foxconn boss sees potential to invest billions in India

TAIPEI: Taiwanese tech giant and key Apple supplier Foxconn said Monday it sees the potential to invest “several...

Published 15 Aug, 2023 06:30am

Technology

Apple supplier Foxconn’s Q2 profit slips 1%, beats forecasts

Apple Inc supplier Foxconn reported on Monday a 1% drop in second-quarter net profit, as global economic woes hurt...

Published 14 Aug, 2023 12:55pm

Business & Finance

Foxconn plans $500m component factories in India

BENGALURU: Apple’s main supplier, Foxconn Technology Group, is planning to invest close to $500 million to build...

Published 07 Aug, 2023 06:34am

Business & Finance

Foxconn’s July sales drop 1.23% y/y, Q3 outlook better

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker and a major supplier for Apple, said on...

Published 05 Aug, 2023 02:53pm

Technology

Foxconn to invest $600mn in India to make iPhone components, chipmaking equipment

BENGALURU: Taiwan’s Foxconn will invest $600 million in two projects in Karnataka state in southern India to make...

Published 02 Aug, 2023 03:30pm

Markets

Foxconn unit to sign $194mn components plant deal with India’s Tamil Nadu

CHENNAI: A Foxconn unit will on Monday sign an agreement with India’s Tamil Nadu state to build a new facility for...

Published 31 Jul, 2023 11:39am

Business & Finance

India’s Gujarat in talks with Foxconn for its semiconductor plant

AHMEDABAD: India’s Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official...

Published 12 Jul, 2023 05:45pm

Technology

Foxconn eyes India chipmaking incentives after quitting $19.5bn JV

TAIPEI/NEW DELHI: Taiwan’s Foxconn said on Tuesday it plans to apply for incentives that India is offering under its...

Published 11 Jul, 2023 01:53pm

Business & Finance

Foxconn dumps $19.5bn Vedanta chip plan in blow to India

TAIPEI/BENGALURU: Taiwan’s Foxconn said on Monday it has withdrawn from a $19.5 billion semiconductor joint venture...

Published 10 Jul, 2023 05:02pm

Technology

Foxconn to invest $246mn in 2 projects in northern Vietnam

HANOI: The world’s largest contract electronics maker and assembler, Foxconn, has received approval from Vietnam to...

Published 30 Jun, 2023 10:27am

Business & Finance

Foxconn predicts huge growth in AI server business

TAIPEI: Taiwanese tech giant and key Apple supplier Foxconn predicts three-digit growth for its artificial...

Published 05 Jun, 2023 03:27am

Technology

Modi’s chip making plan flounders as firms struggle to find tech partners

NEW DELHI/OAKLAND: Big companies including a Foxconn joint venture that bid for India’s $10 billion semiconductor...

Published 01 Jun, 2023 12:39pm

Technology

Foxconn sees AI driving strong server demand, but full year to be flat

TAIPEI: Apple Inc supplier Foxconn said on Wednesday artificial intelligence applications would strongly drive...

Published 31 May, 2023 02:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	279.17
USD PKR Interbank Buying / Jan 30	278.97
USD to Japanese Yen / Jan 30	154.32
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 30	6,071.17
India Sensex / Jan 30	76,759.81
Tokyo Nikkei / Jan 30	39,513.97
Nasdaq / Jan 30	19,681.75
Hang Seng / Jan 30	20,225.11
FTSE 100 / Jan 30	8,646.88
Dow Jones / Jan 30	44,882.13
Germany DAX 30 / Jan 30	21,727.20

Item	Value
Crude Oil USD/Barrel / Jan 30	72.99
Karachi Cotton PKR/37.32 KG / Jan 30	18,285
Gold 10 Grams PKR / Jan 30	248,885
Gold Spot USD/Ounce / Jan 30	2,849.50
Cotton US¢/pound / Jan 30	66.27
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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