Apple in recent years has made an aggressive move to expand operations on both the manufacturing and sales front in India. The company…
Tag: Apple assemblers
Apple CEO Cook’s visit to Indonesia is all about China
Apple will consider building an assembly facility in Indonesia, CEO Tim Cook said on Wednesday after meeting President Joko Widodo, who…
Apple considering an assembly facility in Indonesia
Apple will consider building an assembly facility in Indonesia, CEO Tim Cook said on Wednesday after meeting President Joko Widodo…
Apple doubles iPhone assembly in India in shift away from China
Apple assembled $14 billion of iPhones in India last year, doubling production as it finally makesa concerted push to diversify beyond China…
Apple assembler Foxconn posts 9% drop in first-quarter revenue
Major Apple assembler Foxconn recorded first-quarter revenue of 1.32 trillion New Taiwan dollars ($41.2 billion), 9.6% lower year over year…
Apple assembler Luxshare set to transform iPhone production landscape with major acquisition
As part of Tim Cook’s plan to strengthen ties with China-based suppliers and enhance relations with the Chinese Communist Party, Luxshare …
Apple plans to make a quarter of global iPhone production in India within 2-3 years
Apple and its assemblers are looking to build more than 50 million iPhones in India annually within the next two to three years, with…
Apple to move key iPad engineering resources to Vietnam strengthening alternative manufacturing of China
Apple is for the first time allocating product development resources for the iPad to Vietnam, a major step toward strengthening the…
Major Apple assembler Foxconn raises Q4 outlook on strong year-end holiday sales
Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple assembler, on Tuesday raised its outlook for the fourth…
Apple assembler Foxconn to invest $1.6 billion in Indian expansion
Foxconn Technology Group, also known as Hon Hai Precision Industry Co, a partner of Apple, intends to double its investment in India. The…
Terry Gou withdraws from Taiwan presidential race, bringing relief to Apple assembler Foxconn
Terry Gou, the billionaire founder of tech giant Foxconn, on Friday withdrew from the race to be Taiwan’s next president, bringing a sense…
China fines Apple iPhone assembler Foxconn $2,800 amid major tax probe
Foxconn has been hit with a 20,000 yuan ($2,800) fine from Chinese authorities who said the Apple iPhone assembler overstated its expenses…
Major Apple assembler Foxconn reports surprise 11% jump in Q3 profit
Major Apple assembler Foxconn on Tuesday reported third-quarter profit rose 11.27% year over year, beating analysts’ expectations…
Apple assembler Luxshare to invest $330 million more in northern Vietnam
Apple assembler Luxshare has been awarded a license to invest an additional $330 million in its plant in Bac Giang, Vietnam, increasing…
Major Apple assembler Foxconn reiterates strong year-end holiday sales outlook
Major Apple assembler Foxconn, the world’s largest contract electronics maker, on Sunday reiterated its previous outlook of strong year-end…
Apple CEO Tim Cook visits Luxshare factory amid preparations for Vision Pro assembly
Apple CEO Tim Cook visited manufacturing facilities in China run by Luxshare Precision Industry Co, as the firm prepares assembly…
Lifted by American demand, Taiwan exports rise for first time in 13 months
Taiwan’s exports rose in September, rising for the first time in 13 months on increased American demand ahead of the Christmas shopping…
Inside one of the biggest iPhone plants in India powering Apple’s pivot away from China
A factory complex in Sriperumbudur, an industrial town in India, in Tamil Nadu state, is one of Apple’s most important iPhone assembly hubs…
iPhone assembly resumes at Pegatron factory in India after fire
Pegatron has resumed iPhone assembly for Apple at its factory in southern India after a shutdown over the weekend due to a fire, the company…
Apple assembler Pegatron halts iPhone assembly at India factory after fire
Apple assembler Pegatron temporarily halted its iPhone line at its facility in south India on Monday after a fire on Sunday night…
Apple assembler Luxshare’s iPhone production in China doubled year over year
Apple supplier Luxshare Precision Industry is producing three models of the iPhone 15 series in China this year, and the business has…
US-China trade war threatens to add to Apple’s Mac, iPhone, and other prices
As U.S.-China relations continue to sour, the way Macs, iPhones, iPads, and other Apple devices are made is changing, and that shift…
Apple assembler Foxconn tops earnings estimates
Apple assembler Foxconn, the world’s biggest contract electronics maker, beat estimates for second-quarter earnings. The company…
Apple assembler Foxconn invests $500 million in India in shift from China
Apple biggest assembler, Foxconn Technology Group, is planning to invest close to $500 million to build two component factories in India as…
Apple aims to keep iPhone production steady; targets 85 million iPhone 15 units this year
Apple is asking suppliers to produce some 85 million units of the iPhone 15 this year, roughly in line with the year before, said…
Foxconn buys equipment from Apple unit for accelerated expansion in India
Foxconn, Apple’s key iPhone assembler, has accelerated its expansion in India by purchasing $33 million worth of equipment from an Apple…
Apple assembler Foxconn Q2 sales slip 14%, forecasts strong Q3
Foxconn, a major assembler for Apple, reported a 13.8% year-on-year drop in second-quarter revenue on Wednesday, but said it…
Apple assembler Foxconn ramps up ‘iPhone City’ hiring in China ahead of iPhone 15
According to local reports and labor agents, Apple assembler Foxconn, which operates the world’s largest iPhone factory in the…
Apple’s iPhone has propelled smartphones into one of India’s top five exports
Apple’s iPhones have propelled smartphones into the top-five most exported commodities from India in the fiscal that ended…
Apple assembler Foxconn ups pay and bonuses at world’s largest iPhone factory
Apple assembler Foxconn as raised pay rates and bonus packages for new recruits working at the world’s largest iPhone factory in Zhengzhou…
China’s Apple loss is India’s gain
Apple added five new mainland Chinese suppliers while removing eight in mainland China in its latest financial year ended September 2022…
Apple assembler Foxconn to invest $500 million in India’s Telangana state, create 25,000 jobs
Major Apple assembler Foxconn will invest $500 million to set up manufacturing plants in the southern Indian state of Telangana…
India’s Tata Group set to become Apple’s fourth iPhone assembler
Accelerating a shift of production outside China, Tata Group is set to become Apple’s fourth iPhone contract manufacturer, following its…
Apple assembler Foxconn’s profit misses on persistently weak Android phone market
Apple assembler Foxconn reported a quarterly profit miss, after the company succumbed to a persistently weak Android phone market…
In latest move away from China, Apple in talks to move MacBook assembly to Thailand
In its latest move to distance itself from China, Apple is in talks with assemblers about moving MacBook assembly to Thailand…
Apple assembler Pegatron in talks to open second factory in India
Pegatron, a major Taiwanese Apple assembler is in talks to open a second factory in India, as Apple partners continue to diversify…
Apple pushes India to relax labor laws in push to diversify beyond China
Apple is pushing for changes in India’s labor laws as part of its effort to expand production in the country. India’s regional governments…
Major Apple assembler Foxconn ramps up investment outside China
Foxconn, which assembles around 70% of Apple’s iPhones, has been diversifying production away from CCP-controlled China, whose…
Apple and Foxconn win labor reforms to advance production plans in India
Apple and its major assembly partner Foxconn were among the companies behind a landmark reform of labor laws in the Indian state of…
Apple assembler Foxconn to invest in India’s Telangana state to create 100,000 jobs
Major Apple assembler Foxconn will invest an undisclosed sum in India’s southern state of Telangana in order to build an electronics assembly…
How Apple plans to diversify its supply chain away from China
In recent years, there has been a growing concern among supply chain experts in companies like Apple and governments such as the U.S…
Apple assembler Foxconn in serious talks to establish operations in third Indian state
India’s southern Karnataka state is in serious talks with major Apple assembler Foxconn over investment plans, Chief Minister Bommai…
