A cloud infrastructure company that works with Nvidia bought six buildings in Sunnyvale. Foxconn said its subsidiary, Ingrasys Technology USA, purchased the properties for an estimated $128 million.

To get back to growth and mitigate risks, Foxconn Technology (FXCOF) is diversifying into new markets and products. Read why ...

"Clients may decide to shift production locations, but looking at Foxconn's global footprint, we are ahead. As a result, the impact on us is likely smaller compared to our competitors," said Liu.

Foxconn is apparently experiencing difficulties ... in India in order to make the country the second largest production location for iPhones – and other hardware – in the future.