Foxconn beats estimates with record third-quarter revenue on AI demand

Foxconn beats estimates with record third-quarter revenue on AI demand

Hon Hai Group’s headquarters in Taipei, Taiwan. Ceng Shou Yi | Nurphoto | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the third quarter on strong demand for artificial intelligence servers. Revenue for Apple’s  biggest iPhone assembler jumped 20.2% year on year to 1.85 trillion Taiwanese dollars ($57.3 billion). “The result exceeded the … Read more

‘Impossible’ for People’s Republic of China to be our motherland, Taiwan president says

‘Impossible’ for People’s Republic of China to be our motherland, Taiwan president says

Lai Ching-te, president of Taiwan, on Saturday, Jan. 13, 2024.  Bloomberg | Bloomberg | Getty Images It is “impossible” for the People’s Republic of China to become Taiwan’s motherland because Taiwan has older political roots, the island’s President Lai Ching-te said Saturday. Lai, who took office in May, is condemned by Beijing as a “separatist.” He rejects Beijing’s sovereignty claims, saying that the island is a country … Read more

Time stood still, Trump says at site of assassination attempt

Time stood still, Trump says at site of assassination attempt

Donald Trump reflects on assassination attempt in Butler Nearly three months after an assassin’s bullet nearly took his life, former President Donald Trump came to Butler, Pennsylvania, returning to a place of “tragedy” to promise his supporters victory in the 5 November presidential election. One person – a volunteer fire chief – was killed in … Read more

Netanyahu calls Macron, other Western leaders who support arms embargo against Israel a ‘disgrace’

Netanyahu calls Macron, other Western leaders who support arms embargo against Israel a ‘disgrace’

Israeli Prime Minister Benjamin Netanyahu slammed French President Emmanuel Macron and other Western leaders on Saturday who he said had called for an arms embargo on Israel over its airstrikes against Hamas in Gaza.  “As Israel fights the forces of barbarism led by Iran, all civilized countries should be standing firmly by Israel’s side, yet … Read more

House GOP chairman demands FEMA accountability for Hurricane Helene

House GOP chairman demands FEMA accountability for Hurricane Helene

The chairman of a House Homeland Security subcommittee is asking the Federal Emergency Management Agency to detail what it did to prepare for Hurricane Helene after it became clear there would be catastrophic flooding. Helene made landfall in Big Bend, Florida, on Sept. 26, causing flooding that devastated North Carolina, Tennessee and other Southern states and claimed more than 200 lives. In … Read more

BBC reporter in the midst of rocket fire into Israel

BBC reporter in the midst of rocket fire into Israel

The BBC’s Nick Beake reports from northern Israel, where Hezbollah continues to fire rockets into Israel. This has become a daily occurrence for nearly a year since Hezbollah said it began firing in solidarity with Hamas in Gaza. And it is is the central justification for the Israeli ground invasion into south Lebanon. Source link