Apple biggest assembler, Foxconn Technology Group, is planning to invest close to $500 million to build two component factories in India as…
Tag: Apple assemblers
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…
Tata near to becoming first Indian Apple iPhone assembler
Tata Group is close to taking over a major Wistron plant in southern India in a deal that would give the country its first homegrown iPhone…
Apple’s iPhone exports from India more than double, surpass $2.5 billion
Apple exported iPhones worth more than $2.5 billion from India from April to December 2022, nearly twice the entire previous…
India is shaping up as the right place for Apple to ease China dependence
Apple and, in fact, many western manufacturers are increasingly uncomfortable with their heavy dependence on CCP=-controlled China…
Apple assembler Foxconn invests $500 million in India business as Apple looks to lessen crippling dependence on China
Apple’s main iPhone assembler Foxconn has expanded its efforts to cut its dependency on China and invested $500 million this…
Chinese Communist Party set to ease ‘Zero COVID’ lockdowns and restrictions
The Chinese Communist Party is set to announce the easing of some of its quixotic “Zero COVID” lockdowns and restrictions as early as Wed…
Apple renames mixed-reality software ‘xrOS’ ahead of expected AR/VR headset
Apple has long been known to be working on a mixed-reality headset, its first major new product category since the Apple Watch, and…
Apple assembler Foxconn records 5% rise in Q3 profit, foresees flattish Q4
Apple iPhone assembler Foxconn said on Thursday it expected flattish revenue in the fourth quarter, as the company grapples with CCP COVID…
Apple assembler Foxconn adjusts production to avoid holiday supply declines
Apple assembler Foxconn said on Thursday it is adjusting production to prevent recent COVID-19 curbs at a massive iPhone City” factory…
Apple’s mixed-reality headset said to begin mass production in March 2023
In just four months, mass production of Apple’s long-rumored mixed-reality (AR and VR) headset is expected to commence…
Apple is slowly lessening its dependence on China
Finally and somewhat belatedly, Apple appears to recognize the inherent geopolitical risks of its China-centric supply chain and has been…
Apple supplier Foxconn quadruples bonuses to staff hit by yet another China COVID lockdown
Apple assembler Foxconn said on Tuesday it has quadrupled bonuses on offer for workers at its iPhone assembly plant in central China as…
Apple iPhone production at Chinese Foxconn factory could fall 30% amid COVID restrictions
Production of Apple’s iPhones could slump by as much as 30% at one of the world’s biggest factories next month due to tightening…
Apple stock slips as iPhone assembler Foxconn shifts production in China over COVID outbreak
Foxconn, Apple’s main iPhone assembler is preparing to shift production to other parts of China afterworkers began fleeing its main…
Apple suppliers add American manufacturing sites, with focus on California
Apple suppliers added manufacturing operations in America in fiscal 2021, a sign of how quixotic COVID-19 responses…
Apple asks suppliers to shift some AirPods, Beats production to India
Apple is asking its assemblers to move some AirPods and Beats headphone production to India for the first time in what looks to be…
India dangles $550 million incentives to lure Apple, tech manufacturers
India plans to boost the financial incentives for manufacturers like Apple to make the market-dominating iPad in the country and wooing…
Apple plans to assemble iPhone 14 in India in effort to diversify production outside China
Apple plans to begin assembling the iPhone 14 in India some two months after the product’s launch date, narrowing the gap between China…
Apple assembler Foxconn to invest $300 million more in Vietnam production
Vietnam state media said this weekend that Apple assembler Foxconn has signed a $300 million memorandum of understanding with…
Apple MacBook assembler’s profits halved due to China’s COVID shutdowns
Apple MacBook assembler Quanta Computer said its Shanghai campus recovered from the Chinese Communist Party’s quixotic “zero-COVID”…
Apple orders least 90 million ‘iPhone 14’ units from assemblers
Apple has ordered assemblers to build at least as many of its iPhone 14 models this year as last, banking on an affluent clientele and…
Apple assembler Foxconn’s Q2 profit up 11.7%
Major Apple assembler Foxconn reported on Wednesday an 11.7% rise in second-quarter net profit, beating market estimates…
Apple assembler Foxconn predicts more stable supply chain for second half of 2022
Taiwan’s Foxconn, a major Apple assembler and the world’s largest contract electronics maker, said on Tuesday that the second half…
Apple assembler Foxconn faces logistics disarray from China’s quixotic ‘zero-COVID’ lockdowns
Apple assembler Foxconn said it faces logistics disruptions and other challenges in China stemming from the CCP’s stringent COVID-19 …
