Major Apple assembler Foxconn reported on Wednesday an 11.7% rise in second-quarter net profit, beating market estimates…
Tag: Apple assemblers
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 …
Apple’s supply chain issues might not be that bad, Wall Street says
Analysts say Apple’s supply crunch looks to be only temporary, occurring during Apple’s slower time of the year, and the company’s…
China’s quixotic ‘zero-COVID’ quest pushes February MacBook Pro orders into June
Customers who ordered a MacBook Pro with an M1 Max chip in February are being notified that their new Macs aren’t coming until June…
Half of Apple’s suppliers at risk in China due to quixotic ‘zero-COVID’ lockdown quest
Half of Apple’s 200 top suppliers have facilities in and around Shanghai, China where the CCP’s quixotic quest for “zero-COVID” has caused…
‘iPhone City’ in China is operating normally despite quixotic COVID lockdowns
The world’s biggest iPhone assembly campus, know colloquially as “iPhone City,” on the outskirts of Zhengzhou in central China…
Apple MacBook assembler joins 30+ plant closures due to China’s draconian COVID restrictions
More than 30 Taiwanese companies have now halted production in the electronics hubs of eastern China to comply with CCP COVID restrictions…
Apple starts manufacturing iPhone 13 in India
Apple has begun manufacturing iPhone 13 in India, the company said on Monday, as it works to reduce reliance on China…
China’s quixotic quest for ‘Zero-COVID’ is a concern for Apple
Apple’s bet on China looks increasingly risky, especially amid the country’s lockdowns in a quixotic quest for “Zero-COVID.”
Apple unveils $50 million ‘Supplier Employee Development Fund’
Apple today announced a $50 million Supplier Employee Development Fund that will expand access to learning opportunities and skills…
Apple to invest aggressively in America to diversify production amid globalization’s end – analyst
Shifting away from a focus in China, the global supply chain will likely change rapidly over the next decade. Apple saw it coming in 2018…
Apple assembler Foxconn partially resumes production in Shenzhen after COVID disruption
Taiwan-headquartered Apple assembler Foxconn has partially resumed production on campuses that include both employee housing and…
Apple supplier Foxconn beats estimates in Q3
Taiwan’s Foxconn, a major Apple supplier, reported a better-than-expected third-quarter profit on Friday, helped by strong demand…
Foxconn to build electric vehicle factories in America and Thailand in 2022
Foxconn on Thursday said it will build electric vehicle factories in America and Thailand next year, as Apple’s key iPhone assembler…
Apple assemblers in China scramble for workers ahead of iPhone 13 launch
Apple assemblers in China are scrambling for workers ahead of iPhone 13 launch. Foxconn is dangling hiring bonuses and Lens Technology…
Apple begins receiving iPhone 13 components ahead of mass production
Apple assemblers have begun receiving shipments of components needed for the production of its next-generation “iPhone 13” family of…
Apple makes progress in supply chain responsibility; releases 2021 progress report
Apple reported progress among its supply chain during a year dominated by a worldwide hodgepodge of responses to COVID-19 as it…
Apple iPhone assembler warns of ‘materials shortages’
Taiwan-based Foxconn, a major contract assembler for Apple, on Tuesday warned about the impact of “materials shortages” amid tight global…
Analyst: BMW, Stellantis, Magna among candidates to assemble ‘Apple Car’
Hyundai killed off talk of a potential “Apple Car” deal on Monday. Now, analyst thinks BMW, Stellantis, Magna, and others remain among…
Apple Car could be assembled by Kia and made in USA
Hyundai subsidiary Kia could be the company responsible for assembling the Apple Car – and it would do so in its Georgia plant…
Apple suspends assembler Pegatron over labor violations in China
Apple has suspended future business with Pegatron, a major partner for assembling iPhones and iPads, saying the Taiwanese…
Foxconn Chairman: China can no longer be the world’s factory
Foxconn posted a better-than-expected quarterly profit. The company’s chairman discussed China with investors…
Apple iPhone assembler eyes major production shift out of China to India
In a major production shift out of China as part of global business’ efforts to diversify supply chains following the COVID-19 debacle, a contract…
Chinese Apple-assembler Luxshare soars on iPhone assembly deal
As U.S.-China tensions continue to escalate, Apple is set to invite mainland Chinese company Luxshare into the exclusive iPhone assembly club…
Apple iPhone assembler Pegatron joins tech Investment wave in India
Adding to a large wave of foreign tech investments in India this year, Apple assembler Pegatron is making preparations for its first plant in India…
Apple supplier Foxconn says Indian customs clearing procedures now resolved
Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved. All local regulatory procedures have been complied with…
Apple urges Chinese supplier to challenge Foxconn in bid to step up competition
Apple has made a move the company hopes will create a formidable alternative to another of its longtime suppliers, Taiwan’s Foxconn …
Apple considering major shift of iPhone production from China to India
Apple is seriously examining the feasibility of shifting nearly a fifth of its production capacity from China to India and scaling up its…
In shift away from China, Apple to produce millions of AirPods in Vietnam
Accelerating its diversification of production out of China amid the COVID-19 pandemic, Apple will produce millions of AirPods in Vietnam…
Tim Cook confident Apple will emerge strongly from COVID-19 crisis
A confident Tim Cook led an Apple companywide virtual meeting on Thursday to address concerns about the impact of COVID-19 and discuss…
Apple’s next-gen 5G iPhones remain on schedule to launch this autumn
Apple’s Chinese-centric manufacturing is slowly getting back on track and that Apple’s next-gen 5G iPhones remain on schedule to launch this autumn…
Apple supplier Foxconn’s profit down 24% in Q419
Taiwanese electronics manufacturer Foxconn reported a 23.7% fall in profit in the last three months of 2019 on Monday as the company prepares…
More than ever, the world needs Apple’s annual iPhone cycle
Apple might delay the release of its upcoming 5G iPhone by several months, disrupting what’s become an annual iPhone cycle, because of the COVID-19…
Coronavirus speeds Apple assemblers’ plans to move beyond China
COVID-19 is expediting Apple assemblers’ move out of China that has been underway since the President Trump began deploying U.S. import tariffs on China…
iPhone assembly stops in India as country goes into 21-day lockdown
iPhone assembly has stopped in India due to an order to comply with a 21-day countrywide COVID-19 lockdown ordered by Indian Prime Minister Narendra Modi…
Terry Gou: Foxconn factory restarts in China have ‘exceeded expectations’
Terry Gou, founder of Apple supplier Foxconn, said on Thursday that Foxconn factory restarts in China have “exceeded expectations.”
Apple, others look to move production away from China; not an easy task
Apple, Google and Microsoft have looked to move some hardware production from China to other countries, including Vietnam and Thailand…
Ming-Chi Kuo: Significant iPhone production won’t resume until Q2
According to a research note from Apple uber-analyst Ming-Chi Kuo, iPhone production will not significantly improve until Q2 of 2020…
Apple CEO Cook optimistic China is getting the coronavirus under control
In an interview with Susan Li for FOX Business, Apple CEO Tim Cook say he sees China is getting the coronavirus under control and how Apple is…
Thanks to the U.S.-China trade war, companies like Apple are better prepared for coronavirus
Despite the outbreak of the COVID-19 coronavirus, some U.S. companies find themselves better offn than they otherwise might have been due to the U.S.-China trade war…
Apple moves some production from China to Taiwan due to coronavirus
Amid the COVID-19 coronavirus outbreak in China, Apple moves production of some of its top devices from China to Taiwan in order to diversify…
