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कोशिश गोल्ड - मुक्त

Foxconn's main biz shifts from Apple, as it taps AI boom

Mint New Delhi

|

August 19, 2025

Consumer electronics accounted for 35% of Foxconn's total revenue in the second quarter

- Reuters

Taiwan's Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI boom to diversify its income.

Its revenue from making AI servers and other cloud and networking products, including for major customer Nvidia, surpassed smart consumer products such as iPhones for the first time in the second quarter, marking the culmination of a shift that began years ago and has swept through Taiwan's tech industry.

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War on spam call menace stalls on who takes blame

Blocking an unknown number or reporting a suspicious text message may feel like a small win against the spam menace.

time to read

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Mint New Delhi

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Pricey variants after GST cuts? Govt keeps watch for mischief

The Centre is going all out to stop companies from sidestepping the cuts in goods and services tax rates.

time to read

3 mins

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Mint New Delhi

Mint New Delhi

Will GST rate cuts revive key FMCG growth metric?

GST rate cuts have made household items from soaps and shampoos to snacks cheaper. Along with festive buying and an above-normal monsoon, packaged consumer goods companies anticipate lower prices to boost volume growth, especially in rural areas. Mint explains:

time to read

2 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

How Nvidia is backstopping America's AI boom

Nvidia’s move to invest $100 billion into Open AI to help finance a historic data center build-out has helped reset market expectations about the startup’s shaky finances. It's a familiar play by the chip giant.

time to read

3 mins

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Mint New Delhi

Mint New Delhi

Forced exit at Tata Sons bares split at Tata Trusts

Vijay Singh’s ouster from Tata Sons follows some trustees feeling lack of transparency

time to read

4 mins

September 24, 2025

Mint New Delhi

DO TAX CUTS REALLY BOOST THE ECONOMY?

Tax cuts are to fiscal policy what rate cuts are to monetary policy-both are tools to stimulate economic growth. This has been a bumper year for tax cuts: in February the Union Budget raised the exemption limit for income tax, and in August GST rates were cut across a swathe of goods and services.

time to read

3 mins

September 24, 2025

Mint New Delhi

Bear mark over IT signals more pain for investors

MUMBAI Investors in Indian IT companies saw their combined wealth plunge by over ₹trillion over the last two days. The pain may not be over yet.

time to read

2 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

Motorbike firms prep for quieter, electric future

Makers of electric motorcycles worldwide are touting stealth and instant power to convert those who swear by the rumble of a V-twin or the thump of a single-cylinder internal combustion engine.

time to read

3 mins

September 24, 2025

Mint New Delhi

Mint New Delhi

IT's middle order takes US hit; big cos hold ground

Shares of smaller IT companies reeled on Monday despite their reassurances about the H-1B visa impact, while their large-cap peers that remain tight-lipped closed with smaller losses, signalling market belief that the latter may navigate the crisis better.

time to read

3 mins

September 23, 2025

Mint New Delhi

Mint New Delhi

Startups, VCs rush to digitize India's mutual fund sellers

Startups are rushing to build technology for India's swelling army of mutual fund distributors (MFDs), a segment that is rising alongside the nation's roaring asset management industry.

time to read

2 mins

September 23, 2025

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