From phones to EVs: Foxconn doubles down on China’s Zhengzhou investments

In response to geopolitical shifts and evolving client demands, Foxconn has been investing heavily in manufacturing expansion across Vietnam, India, and Mexico. Meanwhile, its recent hiring drive in Zhengzhou, China, has sparked speculation that production issues at its Indian facilities may have prompted a renewed focus on Chinese operations. Foxconn, however, has clarified that this hiring is tied to seasonal shifts in production needs, denying any quality discrepancies between its Indian and Chinese plants.

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Coretronic expects lower October shipments due to fewer workdays despite 3Q24 growth

Coretronic announced an unaudited monthly consolidated revenue of NT$3.435 billion (approx. US$106 million) for September 2024, marking a 5% decrease from NT$3.627 billion in August and a 3% decline from NT$3.553 billion in the same period last year. However, the company’s unaudited consolidated revenue for the third quarter of 2024 reached NT$10.694 billion, representing a 7% increase quarter-over-quarter and a 3% rise year-over-year. Consolidated revenue for the first three quarters of 2024 totaled NT$29.782 billion, a slight 1% increase from NT$29.604 billion in the same period last year.

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SBI fumes over PSMC withdrawal, but semicon insiders question how they didn’t see it coming

A recent breakdown of a semiconductor joint venture between Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) and Japan’s SBI Holdings has led to differing statements between the parties involved. However, industry insiders had long anticipated this outcome. While the Japanese side accuses the Taiwanese company of breaking promises, supply chain sources suggest that Japan may need to shoulder half the responsibility.

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MediaTek Dimensity 9400 launch showcases impressive performance, fueling smartphone adoption and potential Samsung integration

The launch of the MediaTek Dimensity 9400 has been accompanied by benchmark results highlighting its impressive performance and power efficiency. Notably, the chip excels in gaming, achieving a consistent 60fps frame rate in demanding mobile games while consuming significantly less power than its competitors.

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