Foxconn's first-quarter profit plunged to its lowest in two decades, all but wiped out, after the coronavirus pandemic forced the Taiwanese firm to suspend manufacturing operations in China and knocked demand from customers including Apple Inc.
Taiwan's Foxconn posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and other major clients.
Taiwan's Foxconn posted an almost 90% drop in first-quarter profit on Friday, as the coronavirus pandemic disrupted production and hit demand from Apple Inc and other major clients.
Taiwan Semiconductor Manufacturing Co Ltd, the world's biggest contract manufacturer of computer chips, is expected to announce plans to build an advanced chip factory in the United States, according to a person familiar with the matter on Thursday.
Technology giant Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is preparing to send Google Play Music to that great gig in the sky. The music-streaming service was introduced in 2011, but Google stopped launching new features for it in 2016.
The COVID-19 pandemic has proven to be a difficult and frightening time for all of us, with health and safety implications -- not to mention economic ramifications -- becoming our top concerns. It's also given us a perfect illustration of the concept of interconnectedness, for b
Apple's (NASDAQ: AAPL) Greater China segment weighed on the tech giant's results in fiscal Q2, which ended on March 28, 2020. After a strong January, demand for Apple's products in the market fell in February, when many stores in the region were shut down as the Chinese governme
India's technology ministry said on Thursday it had rolled out a version of its Bluetooth contact-tracking app for 5 million JioPhones, the cheap internet-enabled devices sold by Reliance Industries' telecoms unit.
Apple (NASDAQ: AAPL) has started allowing some employees to begin returning to work as part of a phased plan that will play out over several months, Bloomberg reports.
An EU consumer group is criticizing Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) impending acquisition of Fitbit (NYSE: FIT) on the grounds that the deal won't encourage competition or benefit customers.
Online retail titan Amazon.com (NASDAQ: AMZN) revealed a new, upgraded version of its Fire HD 8 tablet today, complete with a base price of around $90 and a lineup of improved features. The new tablets, which arrive just in time for people spending more time at home due to coron
The S&P 500 and Dow slipped on Wednesday as Federal Reserve Chairman Jerome Powell warned of an extended period of weak growth and stagnant incomes, while he also dismissed speculation over negative interest rates.