Foxconn Reports Record Revenue Driven by AI Server Boom

Taiwanese tech giant Foxconn, a major supplier to Apple and other tech companies, has reported record revenue and earnings for the June quarter, fueled by strong growth in artificial intelligence (AI) server sales. The company, officially known as Hon Hai Precision Industry, expects this momentum to continue, forecasting significant growth in AI server revenue for the remainder of the year.

Digital Data Protection Law Framework Advices, Electronics Manufacturing Focus for India

Ashwini Vaishnaw, Minister of Electronics and Information Technology, stated that the framework for the Digital Personal Data Protection (DPDP) law is in its advanced stages and industry consultations will commence soon. He also highlighted key focus areas for the next five years, including developing India into a global electronics manufacturing hub, achieving self-reliance in semiconductor chips, laptops, and servers, as well as establishing a digital platform for implementing DPDP rules.

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