foxconn

A ransomware group named Nitrogen claims to have stolen 8 terabytes of data from foxconn, Apple's largest supplier. The group, linked to ALPHV/BlackCat, is extorting the company and threatening to release sensitive client data from major tech firms. foxconn confirmed a cyberattack on North American factories, with production resuming.

US approved major Chinese tech giants like Alibaba and Tencent to acquire Nvidia's advanced H200 AI chips. However, no sales have materialized as Beijing reportedly discourages domestic firms from buying foreign technology, prioritizing the development of its own chip industry, particularly Huawei's. Nvidia's CEO is now in China, hoping for a breakthrough.

Nvidia CEO Jensen Huang joined Donald Trump's Beijing summit at the last minute, boarding Air Force One in Alaska, but China still won't approve H200 AI chip purchases. Trump said Beijing "chose not to" because it wants homegrown silicon. With DeepSeek now running on Huawei chips and 10 cleared Chinese firms yet to place orders, Nvidia's China stalemate looks set to drag on.

North Bengaluru is experiencing rapid growth, driven by the Kempegowda International Airport and subsequent infrastructure development. This has led to a surge in employment hubs and residential demand, with areas like Devanahalli and Hebbal showing significant property value appreciation. The region offers attractive investment opportunities with integrated townships and favorable price-rent dynamics.

Panic erupted at a foxconn facility near Devanahalli after a foetus was discovered in a women's toilet Tuesday night. Police swiftly arrested a 19-year-old employee, who is reportedly unmarried and was in a relationship. The incident has prompted a police investigation into the matter.

Tim Cook built the most profitable consumer technology company in history without inventing a single category-defining product. That's the paradox he leaves behind. On September 1, hardware chief John Ternus takes over a $4 trillion machine with an ambitious pipeline—foldable iPhone, smart glasses, AI wearables—and an AI gap that keeps widening. Cook built it beautifully. Now Ternus has to figure out where it goes.

Several Apple suppliers in India contributed to shipments to China, including foxconn, Tata Electronics, Tata-owned Pegatron Technology India, Motherson, Salcomp, TRIL Bangalore and Yuzhan Technology.

Bengaluru's skill development department will open ten new training centres. Each centre will cost an estimated Rs 60 crore. This expansion aims to meet the growing demand for technical education. Admissions for specialized diploma courses have seen a steady rise. New courses in chip testing and photonics assembly are planned. Industry collaborations will boost admissions.

Noida International Airport's inauguration marks a pivotal moment, transforming western UP's farmlands into a manufacturing and logistics hub along the Yamuna Expressway. Its multi-modal cargo facility, set to open this summer, will boost farm produce exports and attract high-value manufacturing, positioning the region as a key distribution base.

The company turning 50 on April 1 isn't really one company. It's five—stitched together by a logo, a stubbornness about design, and the world's most expensive refusal to die.

Apple CEO Tim Cook's China visit coincides with a significant cut in App Store commissions, a move reportedly influenced by Chinese regulators and rising US-China tensions. This concession, alongside strong iPhone sales growth in China, signals Apple's commitment to the market and its manufacturing base amidst complex geopolitical and business dynamics.

foxconn chairman Young Liu warns of global price hikes for oil and raw materials if the US-Israel conflict with Iran escalates. Meanwhile, Iranian apps and websites are targeted by hackers, with popular prayer apps sending messages urging military surrender and promising amnesty. These cyberattacks aim to sow discord amidst the ongoing conflict.

Major Apple Inc supplier foxconn has "basically" resumed normal operations at its most important campuses in the Chinese city of Shenzhen after disruptions caused by Covid-19 outbreaks, the company said on Monday.

foxconn is reviewing offers from Indian states, including Telangana, Andhra Pradesh, and Karnataka, to set up large industrial facilities. Telangana proposes 2,000 acres for a 'foxconn City'. foxconn aims to expand its operations in India.

foxconn has sold its Ohio factory, initially intended for EV manufacturing, to Crescent Dune LLC for $88 million after multiple setbacks and EV startup bankruptcies. The company also sold EV business machinery for $287 million. Despite the sale, foxconn claims it remains committed to the automotive sector, with reports suggesting a shift towards AI server production at the facility.