Skip to main content

Foxconn's profit disappoints, but the big manufacturer has set its sights on electric vehicles

Foxconn's parent company, Hon Hai Precision Industry today reported disappointing results for the last quarter, which is partly explained by its accelerated effort to make electric cars. For the three months ending in December 2020, Foxconn's net income was $1.6 billion, which not only misses the average estimates of $1.76...
https://www.techspot.com/news/89114-foxconn-profit-disappoints-but-big-manufacturer-has-set.html?utm_source=dlvr.it&utm_medium=blogger

Popular posts from this blog

Apple expected to lose 6 million iPhone 14 Pros as disruption at Foxconn plant continues

Foxconn's facility manufactures the overwhelming majority of iPhone 14 Pro and Pro Max devices. Operations were disrupted in mid-October following a Covid outbreak that put the factory and its 200,000 workers into a "closed loop" lockdown. https://www.techspot.com/news/96782-apple-expected-lose-6-million-iphone-14-pros.html?utm_source=dlvr.it&utm_medium=blogger

Tencent wins with merger of China's game streaming giants Huya and DouYu

Tencent currently has stakes in both Huya and DouYu and will have approximately 68 percent combined voting shares once the new firm is formed. Post-merger, Huya and DouYu shareholders will get fully diluted shares of the combined companies, with DouYu’s Chen Shaojie and Huya CEO Dong Rongjie becoming co-CEOs once... https://www.techspot.com/news/87078-tencent-wins-merger-china-game-streaming-giants-huya.html?utm_source=dlvr.it&utm_medium=blogger

Epic is celebrating Sonic's 30th anniversary with a free copy of Sonic Mania

The platformer launched in the summer of 2017 as a love letter to the original Sonic games from the Sega Genesis era. It features classic gameplay with pixel-perfect 2D graphics that run at a buttery smooth 60 frames per second. https://www.techspot.com/news/90201-grab-free-copy-sonic-mania-epic-games-store.html?utm_source=dlvr.it&utm_medium=blogger