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SRIPERUMBUDUR, India — Foxconn's chairman on Saturday (Aug 17) defended its hiring practices after New Delhi ordered investigations following a Reuters report that the Apple supplier rejects married women from iPhone assembly jobs.
The boom in corporate investment into artificial intelligence infrastructure still has some way to go as large language models are continuing to evolve, according to the CEO of Foxconn, a key supplier to Apple.
TAIPEI -- Foxconn Technology Group has introduced the position of rotating CEO as the major Apple supplier plans to cultivate its next generation of leaders and seeks to improve its corporate governance.
TAIPEI -- Key iPhone assembler Foxconn has raised its full-year forecast from neutral to "robust growth" on the back of surging demand for artificial intelligence servers, networking products and key components.
Apple supplier Foxconn said on Thursday it expects revenue to increase significantly in 2024 following a slow start to the year amid booming demand for AI servers, after it posted fourth-quarter profit that beat market estimates.