Hon Hai Precision Industry Co., Ltd. (HHPD.IL)
- Reuters
Google ties up with Foxconn to make Pixel phones in India, sources say
Alphabet's Google is planning to make its Pixel smartphone in India's southern state of Tamil Nadu and has tied up with Taiwan's Foxconn, two sources with direct knowledge said on Thursday. "It will be making the latest models of its smartphones in the state... at the existing Foxconn facility (in Tamil Nadu)," one of the sources said on condition of anonymity as they are not authorized to talk to the media. Foxconn already assembles Apple's iPhones at a facility near Chennai in Tamil Nadu.
- Reuters
Exclusive-Apple supplier Foxconn among firms asked to cut power use in Vietnam, sources say
Vietnamese officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30% at its assembly plants in the north of the country where there were electricity outages last year, two people familiar with the matter said. The request for energy-saving measures, which two other industry sources said was sent to multiple manufacturers, is precautionary and aimed at averting a repeat of last summer when power shortage led to over a billion dollars in lost output. The request to Foxconn was "an encouragement", not a requirement and has not had any impact on production, one of the people said.
- Simply Wall St.
Discovering 3 Leading Japanese Dividend Stocks With Yields Up To 3.5%
Despite a backdrop of economic challenges and a modest uptick in bond yields, Japanese equities showed resilience last week, with the Nikkei 225 Index climbing by 1.5%. In such an environment, identifying robust dividend stocks can provide investors with potential stability and yield opportunities amidst market fluctuations.
