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Tag: Apple suppliers

Apple’s supply chain shift creates boomtowns in rural Vietnam

Thursday, October 22, 2020 5:50 pm20 Comments

Vietnam’s Bac Giang province was one of the nation’s poorest. Now officials in the rural area north of Hanoi host representatives from Apple…

Apple’s new iPhone swings LG Display to profit

Thursday, October 22, 2020 8:58 amThursday, October 22, 20205 Comments

Helped by shipments for Apple’s new iPhone, South Korea’s LG Display on Thursday reported a profit for July-September…

TSMC’s strong guidance bodes well for Apple

Thursday, October 15, 2020 4:45 pm3 Comments

Chip manufacturing giant TSMC raised both its full-year revenue and cap-ex guidance, as it continues seeing strong orders from smartphone…

Apple supplier TSMC Q3 profit surges 36%, well ahead of analysts’ forecasts

Thursday, October 15, 2020 9:03 amNo Comments

Apple supplier Taiwan Semiconductor Manufacturing Company (TSMC) reported a 36% surge in quarterly net profit, boosted by robust demand…

Trump administration presses tech supply chain to cut ties with China

Thursday, October 8, 2020 11:01 am24 Comments

The Trump administration is making a concerted effort to press non-U.S. suppliers to move production out of China …

Foxconn Chairman: China can no longer be the world’s factory

Wednesday, August 12, 2020 9:17 amWednesday, August 12, 20206 Comments

Foxconn posted a better-than-expected quarterly profit. The company’s chairman discussed China with investors…

Sharp reports 38% drop in June quarter profit, beats analyst estimates

Wednesday, August 5, 2020 9:02 amNo Comments

Japan-based Apple supplier Sharp on Wednesday reported a 37.8% drop in first-quarter operating profit as the COVID-19 shutdowns weighed on sales of…

Apple iPhone assembler eyes major production shift out of China to India

Monday, August 3, 2020 1:49 pmMonday, August 3, 202018 Comments

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…

Apple makes iPhone 11 at Foxconn plant in India

Friday, July 24, 2020 9:52 amNo Comments

Apple has started making its iPhone 11 at the Foxconn plant in India near Chennai. This marks the first time Apple has manufactured a top-line model…

Investigators find no evidence of any forced labor at Apple suppliers in China

Wednesday, July 22, 2020 10:48 am4 Comments

Nanchang O-film Tech, whose tech helps power phones, tablets and wearables, was on Monday accused by the U.S. Department of Commerce of human rights …

U.S. government accuses Apple supplier of human rights abuses

Monday, July 20, 2020 3:14 pm5 Comments

Nanchang O-film Tech, whose tech helps power phones, tablets and wearables, is accused by the U.S. of human rights abuses for helping China’s campaign…

Growth of Taiwan export orders hits two-year high on strong tech demand

Monday, July 20, 2020 8:59 amMonday, July 20, 20201 Comment

As the COVID-19 pandemic forced millions of people around the world to work from home, Taiwan’s export orders grew at their fastest pace in nearly two…

Apple iPhone assembler Pegatron joins tech Investment wave in India

Friday, July 17, 2020 4:08 pm2 Comments

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 to invest $1 billion in India

Friday, July 10, 2020 2:02 pmFriday, July 10, 20202 Comments

Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones…

Foxconn’s revenue begins to recover from COVID-19 shutdown

Thursday, July 9, 2020 8:47 amNo Comments

Major Apple supplier Foxconn’s revenue appear to be recovering broadly in line with the company’s forecast, following the COVID-19 shutdown…

Apple supplier Foxconn says Indian customs clearing procedures now resolved

Friday, July 3, 2020 11:55 amNo Comments

Apple supplier Foxconn said on Friday customs clearing procedures in India have been resolved. All local regulatory procedures have been complied with…

iPhone assembly hit hard in India badly as border tensions with China escalate

Thursday, July 2, 2020 9:18 am5 Comments

India’s additional scrutiny of imports from China has disrupted iPhone assembly at plants owned by Apple supplier Foxconn in southern India…

Apple pushes suppliers to reduce 5G iPhone production delays

Wednesday, July 1, 2020 11:03 am1 Comment

Apple is said to be pushing their suppliers in China to work overtime in order to reduce COVID-19-induced production delays for their first 5G iPhone line…

Apple supplier Foxconn eyes further India investment, sees bright outlook

Tuesday, June 23, 2020 9:13 amNo Comments

Taiwan-based Apple supplier Foxconn plans further investment in India and may announce details in the next few months as the world’s largest contract…

TSMC: We could fill order gap if unable to sell chips to Huawei due to U.S. ban

Tuesday, June 9, 2020 9:37 amNo Comments

TSMC could quickly fill any order gap should U.S. restrictions against Huawei prevent sales of chips to the Chinese firm, the company…

Apple to launch iPhone 12 in October – supply chain sources

Monday, June 1, 2020 10:01 amNo Comments

Although the planned launch of Apple’s iPhone 12 lineup, said to consist of four models with three display sizes, is likely to be roughly one month…

Little-known data show signs of a tech rebound from COVID-19 shutdown

Friday, May 29, 2020 10:43 am1 Comment

Buried in a set of little-known data are early signs that the hardware side of the tech sector may be showing a rebound from the pandemic-driven plunge…

Taiwan’s 2020 GDP expected to drop to 5-year low amid pandemic

Thursday, May 28, 2020 8:59 amNo Comments

Taiwan’s economic growth is likely to drop to its lowest point in five years in 2020 as the COVID-19 coronavirus pandemic hurts domestic consumption and…

Apple helps suppliers reconfigure factories to mitigate COVID-19 spread

Friday, May 15, 2020 1:19 pmNo Comments

In Apple’s annual supplier responsibility report released Thursday, the company said it’s helping suppliers to reconfigure factories in order to…

Apple urges Chinese supplier to challenge Foxconn in bid to step up competition

Wednesday, May 13, 2020 1:08 pm7 Comments

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

Monday, May 11, 2020 11:08 am11 Comments

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

Friday, May 8, 2020 8:42 amFriday, May 8, 20203 Comments

Accelerating its diversification of production out of China amid the COVID-19 pandemic, Apple will produce millions of AirPods in Vietnam…

Chip technology firm Arm Inc. to ease fees for startups, join incubator

Wednesday, April 29, 2020 5:02 pmWednesday, April 29, 2020No Comments

Arm Inc, owned by Japan’s Softbank Group Corp, whose chip technologies power most smartphones, said on Wednesday it was easing fees for startup…

Apple supplier AMS AG gives upbeat outlook, shares up 22%

Wednesday, April 29, 2020 9:29 amNo Comments

Shares in sensor producer AMS AG jumped 22% after the Apple supplier gave an upbeat forecast for the current quarter and the remainder of the year…

Tim Cook confident Apple will emerge strongly from COVID-19 crisis

Thursday, April 16, 2020 4:56 pm3 Comments

A confident Tim Cook led an Apple companywide virtual meeting on Thursday to address concerns about the impact of COVID-19 and discuss…

Apple steps up orders for 5nm chips from TSMC

Monday, April 13, 2020 2:56 pmMonday, April 13, 20204 Comments

A report today out of Taiwan reveals that TSMC has cut 5nm wafer production for Huawei due to slowing smartphone sales and that production capacity…

Apple supplier Foxconn revenue slides 7.7% in March

Monday, April 6, 2020 8:36 amNo Comments

Revenue at Taiwan’s Hon Hai Precision Industry, a key supplier of Apple Inc’s products known by its trade name Foxconn, slid 7.7% in March due to effects…

Deep, but short: What Apple’s production recovery tells us about COVID-19 recession

Thursday, April 2, 2020 3:27 pm17 Comments

Due to the COVID-19 pandemic black swan, we’re now dealing with a significant global recession. The duration is the most important factor…

Apple supplier Japan Display finalizes deal to raise $200 million from Apple

Tuesday, March 31, 2020 8:52 amTuesday, March 31, 20201 Comment

Japan Display said on Tuesday it has finalized a deal to raise $200 million from “an overseas customer,” which sources have told…

Apple’s next-gen 5G iPhones remain on schedule to launch this autumn

Monday, March 30, 2020 11:03 amMonday, March 30, 20202 Comments

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

Monday, March 30, 2020 8:51 am1 Comment

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

Friday, March 27, 2020 3:42 pm1 Comment

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

Friday, March 27, 2020 9:52 am6 Comments

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

Wednesday, March 25, 2020 10:42 amWednesday, March 25, 20201 Comment

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…

Apple’s next-gen 5G iPhones remain on schedule to launch this fall

Friday, March 20, 2020 10:15 amNo Comments

Apple’s next-gen 5G-capable flagship iPhones are still on schedule to launch in the fall as mass production isn’t set to begin until May…

Apple suppliers regain confidence, see bright 2020

Thursday, March 12, 2020 1:31 pmThursday, March 12, 20204 Comments

Apple suppliers, specifically IC backend and verification specialists in Apple’s supply chain, have regained confidence in their revenue performances…

Terry Gou: Foxconn factory restarts in China have ‘exceeded expectations’

Thursday, March 12, 2020 9:02 am4 Comments

Terry Gou, founder of Apple supplier Foxconn, said on Thursday that Foxconn factory restarts in China have “exceeded expectations.”

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