Apple supplier Luxshare Precision Industry Co. is seeking to raise up to 13.5 billion yuan ($2.1 billion) through a private share placement…
Tag: Apple suppliers
ISS supports Apple shareholder proposal on forced labor
ISS urged Apple shareholders to vote for a resolution demanding greater transparency in Apple’s efforts to protect against forced labor …
Apple averts supply chain crisis, but others not so fortunate
Apple’s stunning triumph over the global chips supply chain shortage has signaled good news amid troubled markets around the world…
Apple shares get big target price boost; supply chain issues improving – analyst
Wells Fargo raised its price target on Apple shares to $205 from $165, implying some 25% upside from Thursday’s closing levels, as analyst…
Apple supplier TSMC profit rises 16.4%; sees multi-year growth ahead; to boost chip spending in 2022
Taiwan-based major Apple supplier TSMC expects strong growth to accelerate in coming years due to booming semiconductor demand…
Analyst: Apple resolves iPhone production bottlenecks
Apple appears to have resolved the production bottlenecks that limited its supply of iPhones during the holiday shopping season, an analyst…
Apple supplier TSMC sales set sixth quarterly record on strong chip demand
Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest foundry, reported a sixth straight quarter of record sales, thanks to…
Foxconn iPhone factory in India temporarily shut over rats, worms in food, crowded dorms
Six women who worked at the Foxconn iPhone assembly factory in India near Chennai described rats, worms in food, crowded dorms, and more…
TSMC in talks with German government about potential new chip plant
Major Apple supplier TSMC is in early talks with the German government about potentially establishing a plant in Germany …
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…
Apple adds more clean-energy suppliers on road to 2030 carbon neutral goal
Apple today announced it has more than doubled the number of suppliers committed to using 100 percent clean energy over the last year…
Analyst: Apple best positioned during global chip crunch, gets preferential treatment from suppliers
The global chip crunch may be starting to affect Apple’s iPhone 13 supplies, but analysts think the Cupertino Colossus can weather the…
The global chip crisis is a but a mere blip for mighty Apple
That even Apple is feeling the global chip crises causes by the various and sundry responses to COVID-19, rational and irrational, reveals…
Apple adds China’s BOE for 6.1-inch iPhone 13 OLEDs
Apple has added China’s BOE Technology to its list of 6.1-inch Super Retina XDR display (OLED) suppliers for iPhone 13, adding competitive…
Taiwan component makers give priority to Apple on strong iPhone 13 demand
Amid strong demand for Apple’s new iPhone 13 lineup worldwide, Taiwan-based makers of VCMs (voice coil motors), wire winding and other…
China power crunch hits some Apple suppliers
Widening power shortages in China have halted production at numerous factories including many supplying Apple and Tesla, while some stores…
Chinese Apple supplier Luxshare reports record revenues
Chinese Apple supplier Luxshare Precision Industry reported Tuesday record revenues and a large jump in profits for the first half…
These Apple suppliers are likely to profit from new ‘iPhone 13’ models
As Apple iPhone fans pore over “iPhone 13” rumors, investors in Apple suppliers, too, are scrutinizing the rumor mill’s output. On Tuesday…
Apple call center workers face pressure to accept home surveillance, cameras to monitor work performance
Apple call center workers are being pressured to sign a contract that lets their employer install surveillance cameras in their homes to…
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…
TSMC reports gas contamination at key chip plant supplying Apple; no ‘obvious impact’ on operations
Apple’s chip supplier TSMC said on Friday that some of its production lines in southern Taiwan were hit by a contamination of gases…
Apple supplier TSMC to begin mass production of 5nm chips at new Arizona plant in 2024
C.C. Wei, CEO of TSMC, on Thursday confirmed for the first time that the $12 billion factory that TSMC is building in Arizona will start…
Apple supplier Foxconn posts 20% quarterly revenue surge
Apple supplier Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group and better known as Foxconn, reported a 20% surge…
Taiwan Apple supplier says global chip shortage will worsen without COVID-19 vaccines
A Taiwan Apple supplier has warned that the global chip shortage will worsen without a large and timely increase in COVID-19 vaccinations in…
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…
Vietnam COVID-19 outbreak threatens to disrupt tech supply chain
A rapidly spreading COVID-19 outbreak has left factories operating below capacity in Vietnam’s industrial northern provinces, where…
TSMC plans up to five additional chip fabs for Arizona
Taiwan Semiconductor Manufacturing Co Ltd (TSMC) is planning to build several more chipmaking factories in Arizona beyond the one currently…
Apple’s massive California solar farm will store power in Tesla’s ‘megapack’ batteries
Apple announced Wednesday that it’s building a massive battery storage project at a Northern California solar farm. The battery packs will come from Tesla…
Over 110 of Apple suppliers move to 100 percent renewable energy for their Apple production
Apple today announced over 110 of its manufacturing partners around the world are moving to 100 percent renewable energy for their Apple…
Apple supplier O-Film has lost ‘particular overseas client’
China’s O-Film, an Apple supplier which makes camera modules, told investors that it received a notification from a “particular overseas…
Morgan Stanley: Buy Apple and ignore the ‘noise’
Apple stock has lagged behind the broader market in recent weeks, but Morgan Stanley says buy Apple and ignore the “noise.”
Apple slashes iPhone 12 mini production orders
Apple is slashing its planned production of the iPhone 12 mini for the first half of this year as part of a broader adjustment to output
Apple supplier TSMC on track for volume production of 3nm chips next year
Apple’s main chip supplier TSMC is on track to begin risk production of a 3nm fabrication process in the second half of this year, when…
Electric vehicle maker Fisker partners with Apple supplier Foxconn
Longtime Apple supplier Foxconn Technology Group has signed a memorandum of understanding with electric-vehicle maker Fisker to…
Renesas to buy Apple supplier Dialog Semiconductor for $5.9 billion
Renesas Electronics has agreed to buy Dialog Semiconductor for 4.9 billion euros ($5.9 billion) in cash, as it looks to boost its position…
Shares of Apple supplier Skyworks soar
After Skyworks Solutions smashed estimates when it reported earnings late Thursday, shares of the relatively obscure supplier of tech…
Apple supplier Lumentum to buy laser maker Coherent in $5.7 billion deal
Laser and optical fiber specialist Lumentum Holdings Inc said on Tuesday it would acquire laser manufacturer Coherent Inc in a $5.7B deal…
Apple puts supplier Wistron on probation; no new business after India plant violence
Apple has put supplier Wistron on probation, saying on Saturday it would not award the Taiwanese contract manufacturer new business…
Riot-hit Apple supplier Wistron hired more than it could handle in India
Apple supplier Wistron quadrupled workers in India in only eight months, ramping up production just as Apple began direct online sales…
Apple probes supplier after workers at Wistron plant in India ransack factory
Apple said on Monday the company is investigating whether Taiwan-based contractor Wistron Corp failed to follow supplier guidelines…
China’s O-Film kicked out of Apple’s supply chain over human rights violations
The U.S. Department of Commerce had early in July designated O’Film Group among a list of eleven Chinese companies that it accuses…
Apple suppliers’ China exodus won’t slow down regardless of who’s U.S. President
The splintering of the global tech supply chain spurred by an exodus from China that began during President Donald Trump’s first term…
