Taiwan's Foxconn to open new plant in Brazil

Taiwanese technology giant Foxconn said Wednesday it is set to invest $492 million to build a new facility in Sao Paulo, Brazil to produce smartphones, tablets and other electronic devices.

Parent of Taiwan's Foxconn reports profit drop

The parent of Taiwan technology giant Foxconn, which makes iPads and iPhones for Apple, said Monday its third-quarter profit dropped, with analysts pointing to the cost of moving factories in China.

Taiwan's Hon Hai buys new factory site in Brazil

Taiwanese technology giant Hon Hai said Friday it has acquired a piece of land in Brazil for $12.6 million as part of its plans to expand its operation in the South American country.

Taiwan's Hon Hai set to spin off units

Taiwan's Hon Hai Precision said Wednesday it plans to spin off some units as its founder unveiled measures to battle global sluggishness and falling share prices.

Apple to start selling new iMacs on Friday

Apple says the smaller version of its new, slimmed-down iMac desktop computers will go on sale Friday. It will also start taking orders for the larger model, but the units won't ship until next month.

Taiwan's Foxconn to recruit 5,000 local technicians

Taiwan's tech giant Foxconn will hire 5,000 technicians locally this year, many of them to work on factory robots to build its gadgets, officials said Monday, in a sign the firm is refocusing operations to its home island.

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