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Foxconn

Apple airlifted iPhones worth a record $2 billion from India in March as Trump tariffs loomed

NEW DELHI: Apple’s main India suppliers Foxconn and Tata shipped nearly $2 billion worth of iPhones to the United...

Published 15 Apr, 2025 08:04pm

Business & Finance

Foxconn reports record Q1 revenue, says it must closely watch global politics

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker, posted its highest first-quarter revenue...

Published 05 Apr, 2025 01:39pm

Technology

Foxconn plans EV event in Japan to woo manufacturers, sources say

TAIPEI/TOKYO: Foxconn is set to hold a seminar in Japan on April 9 to lay out its strategy on electric vehicles, two...

Published 27 Mar, 2025 11:09am

World

India’s $23bn plan to rival China factories to lapse after it disappoints

NEW DELHI: Indian Prime Minister Narendra Modi’s government has decided to let lapse a $23 billion program to...

Published 21 Mar, 2025 10:44am

Business & Finance

Electronics giant Foxconn forecasts strong Q1 revenue after profit miss

TAIPEI: Taiwan’s Foxconn ,the world’s largest contract electronics maker, said on Friday that solid demand from its...

Published 14 Mar, 2025 04:16pm

Business & Finance

Nissan board meets Tuesday to discuss whether to replace CEO Uchida

YOKOHAMA: Nissan’s board of directors will meet on Tuesday to discuss potential successors to CEO Makoto Uchida, who...

Published 11 Mar, 2025 10:49am

Technology

Foxconn says it is open to buying a stake in Nissan

NEW TAIPEI: Taiwan’s Foxconn would consider taking a stake in Nissan for cooperation, its chairman said, as the...

Published 13 Feb, 2025 08:21am

Business & Finance

Foxconn’s aim is cooperation with Nissan, not acquisition

NEW TAIPEI: Foxconn Chairman Young Liu said on Wednesday that the company’s aim is cooperation with Japan’s Nissan,...

Published 12 Feb, 2025 08:42am

Technology

Foxconn January revenue up 3.16% y/y, sees strong growth in Q1

TAIPEI: Taiwan’s Foxconn, the world’s largest contract electronics maker and Apple’s biggest iPhone assembler,...

Published 10 Feb, 2025 01:25pm

World

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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