“Daiwa Capital Markets analysts in Hong Kong [say AppleInc.] … is about to green-light iPhone assembly work to a second company, Foxconn International Holdings,” Chris Oliver reports for MarketWatch. “Production is most likely to be underway by the end of the year, or early next year, according to Daiwa, which believes the company will assemble 7 million iPhones in 2013.”
“While the name might sound familiar, Foxconn International has had nothing to do with the iPhone so far,” Oliver reports. “By broadening the number of companies that make the iPhone beyond Hon Hai Precision, Foxconn International’s parent and the sole producer of the iPhone, Apple will be spreading wider the fruits of its success.”
Oliver reports, “Daiwa forecasts Foxconn International’s revenues will jump more than 30% on year in 2013 with the iPhone on board.”
Read more in the full article here.
“By broadening the number of companies that make the iPhone beyond Hon Hai Precision, Foxconn International’s parent and the sole producer of the iPhone, Apple will be spreading wider the fruits of its success.”
GOODIE, MORE LEAKS FOR US!
quote: “For most of the world, the news broke on Oct. 5 when China Labor Watch, an influential New York-based workers’ rights group issued a press release claiming a strike had occurred at a plant producing iPhone 5s… /quote
quote: “Foxconn, Apple’s primary contractor and the owner of the factory where the alleged strike occurred…/quote
I’m confused. Is Foxconn building the iPhone 5 already, or is it not?
What an ignorant article.
Apple already has another iPhone maker — Pegatron.
7 million iPhones in one year is a beta test by Apple…
Yes. well more than 200M will be built in 2013. 7M will be less than two weeks of overall production. And how 7M make their revenues jump 30%? How much can they get per phone? $25 or so, out of which they have to cover expenses?
Strange story.
Not to be confused with yet a third company whose name is foxxconn and is…
iDevices are made by slave labor outside of thew USA. That’s what fuels your desire fore more western bling.
Spin, spin, spin. Hyperbole, hyperbole, hyperbole. What is your definition of “slave”, sir?