Foxconn

Startups Weekly: SoftBank’s second act

In this week's newsletter: Everything you need to know about the Vision Fund II.

SoftBank announces AI-focused second $108 billion Vision Fund with LPs including Microsoft, Apple and Foxconn

SoftBank Group announced today that it will launch its second Vision Fund with participation from Apple, Foxconn, Microsoft and other tech companies and investors. Called the Vision Fund 2, the fund w

Terry Gou resigns as Foxconn’s chairman to run for president of Taiwan

Terry Gou said at Foxconn’s annual general meeting today that he is leaving the electronics manufacturing giant as he prepares to run for president of Taiwan. Gou, who founded Foxconn (also known as

Foxconn halts some production lines for Huawei phones, according to reports

Huawei, the Chinese technology giant whose devices are at the center of a far-reaching trade dispute between the U.S. and Chinese governments, is reducing orders for new phones, according to a report

China’s Tesla wannabe Xpeng starts ride-hailing service

There’re a lot of synergies between electric vehicles and ride-hailing. Drivers are able to save more steering an EV compared to a gas vehicle. Environmentally conscious consumers will choose to

Sharp will resume selling its smart TVs in the US this year

Good news for U.S. consumers, the smart TV market is about to get more competitive after Sharp announced plans to resume selling TVs in America before the end of this year. The Japanese firm quit the

Terry Gou will resign as Foxconn’s chairman to run for president of Taiwan

Foxconn chairman Terry Gou officially announced on Wednesday that he will run for president of Taiwan. Gou will step down from leading the company (also known as Hon Hai Precision Industry Co. Ltd.),

Hackers publish personal data on thousands of US police officers and federal agents

A hacker group has breached several FBI-affiliated websites and uploaded their contents to the web, including dozens of files containing the personal information of thousands of federal agents and law

Bike-sharing pioneer Mobike is retreating to China

In a telling sign of the state of bike sharing, Mobike, a once red-hot startup that attracted billions in investment capital, is closing down all international operations and putting its sole focus on

Urban unicorn renewal

Three cities, three dead urban unicorn renewal projects. In just the past few days, we’ve had Foxconn renege on Wisconsin, Amazon renege on NYC and GE renege on Boston. Each followed the Anna Kareni

Foxconn says Wisconsin factory plans are back on after talk with Trump

It seems Foxconn’s plans for a $10 billion Wisconsin plant are back on. After a couple of years of back and forths, the manufacturing giant says it’s recommitting to plans for a plant in the upper

Foxconn is killing a second $9B factory

Foxconn is even more aggressively cutting back its growth ambitions around the world than we previously thought. In addition to the news yesterday that Foxconn intends to scale back its plans for a $1

Foxconn pulls back on its $10 billion factory commitment

Well that didn’t last long. In 2017, Foxconn announced the largest investment of a foreign company in the United States when it selected Mount Pleasant, Wisconsin for a new manufacturing facility. B

Nvidia’s limited China connections

Another round of followups on Nvidia, and then some short news analysis. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback direct

Apple could end up manufacturing iPhones in another country due to tariffs

According to a new report from Bloomberg, Apple is thinking about multiple scenarios when it comes to tariffs and iPhone production. Right now, iPhones are not affected directly by the trade war betwe

Foxconn or Foxgone? Tariffs, Wisconsin and iPhone fires

First some notes on SoftBank’s rumored expansion into China and its weird fund math, then Foxconn and then quick notes on tech depression, Huawei and more. TechCrunch is experimenting with new conte

Lies, damn lies, and HQ2

There are few things certain in our world except for the uplifting tendencies of technology. I’ve spent the past few years trying to prove this to myself, at least, by interviewing hundreds of t

Tink Labs, which gives free-to-use smartphones to hotel guests, is raising $300M

Tink Labs, a Hong Kong startup that develops smartphones that hotels provide to their guests for free, is raising a new round of up to $300 million to further its international footprint, TechCrunch h

How Silicon Valley should celebrate Labor Day

Ask any 25-year old engineer what Labor Day means to him or her, and you might get an answer like: it’s the surprise three-day weekend after a summer of vacationing. Or it’s the day everyone barbe

After report on ‘appalling’ conditions, Foxconn will investigate plant that makes Amazon devices

Foxconn Technology Group says it is investigating a factory it operates that makes Amazon devices, including Kindles, after an in-depth report by advocacy group China Labor Watch criticized its “app
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