One of Apple’s largest acoustic products suppliers, Goertek, on Wednesday said its vice-president Kazuyoshi Yoshinaga is leaving the company…
Tag: China
Wedbush ups Apple target price to $190 on ‘clear demand rebound’ in iPhones sales in China
Demand for Apple iPhones is clearly rebounding in China after the CCP’s quixotic, failed “Zero COVID” response lockdowns have finally been…
Better late than never: Apple suppliers race to exit China
Apple suppliers are likely to move capacity out of China far faster than many observers anticipate to pre-empt fallout from…
Foxconn chairman to visit ‘iPhone City’ plant disrupted by CCP COVID restrictions late last year in China
Foxconn’s “iPhone City” campus was hit late last year by the CCP’s “zero COVID” lockdowns and restrictions that prompted thousands…
Foxconn secures 111-acre site in Vietnam as Apple assembler continues to diversify production away from China
Foxconn, formally known as Hon Hai Precision Industry, has signed a lease with Saigon-Bac Giang Industrial Park Corp in…
What would Joseph Schumpeter have thought of Apple?
Joseph Schumpeter was an Austrian-born political economist. He served briefly as Finance Minister of German-Austria in 1919…
Apple’s belated effort to diversify away from China into India hits stumbling blocks
Apple is hitting stumbling blocks in its effort to increase production in India, as it faces pressure to cut its over reliance on China…
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 supplier Salcomp sees revenue of $2-$3 billion in India for 2025, plans rapid hiring
Finland-headquartered Salcomp, a supplier to Apple plans to double its workforce in India to 25,000 over the next three years, a top company…
Third-party retailers offer iPhone 14 Pro discounts up to 10% in China
Third party retailers in China are offering discounts of as much as 10% on Apple’s iPhone 14 Pro and flagship iPhone 14 Pro Max…
Apple set to post rare revenue drop on China supply issues
Apple is expected by analysts to report its first decline in quarterly revenue in nearly four years after the Chinese Communist Party…
Apple supplier Jabil begins making AirPods components in India
Apple supplier Jabil has begun making components for AirPods in India, marking a significant step in Apple’s push to diversify production…
Apple’s iPhone dominated China last quarter, despite COVID lockdown disruptions
Apple’s iPhone in China took its biggest quarterly smartphone market share in the fourth quarter, despite the CCP’s quixotic “Zero COVID”…
Apple reportedly brings Chinese Communist Party web censorship to Hong Kong
Users of Apple’s Safari web browser in Hong Kong who recently tried to visit code-sharing website GitLab, received a warning instead…
Apple among Wedbush’s top stock picks as earnings season kicks off
Apple stock remains among Wedbush Securities’ top picks for 2023 as earnings season starts this week among questions about…
Apple wants India to account for up to 25% of its product assembly
Apple wants India to account for up to 25% of its product assembly from about 5%-7% now, as the company belatedly tries to divest…
Didi Global’s ride-hailing app back on Apple’s App Store in China
Chinese technology company Didi Global’s domestic ride-hailing app has returned to China’s domestic Apple App Store…
Apple supplier Foxconn replaces iPhone assembly chief
Major Apple assembler Foxconn Technology Group has replaced the chief of its iPhone assembly business after a tumultuous year in China…
Apple supplier BOE to invest up to $400 million in new factories in Vietnam
Chinese display maker and Apple supplier BOE Technology Group plans to invest a substantial sum to build two factories in Vietnam …
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…
Apple supplier Foxconn says output recovering despite revenue fall; Apple did not cut orders – source
Major Apple assembler Foxconn said on Thursday output at its “iPhone City” factory in China had “basically returned to normal” and December…
Foxconn’s ‘iPhone City’ now running at nearly full capacity – Chinese state media
Foxconn’s “iPhone City” in central China was running at 90% of planned production capacity at the end of December, Chinese state media…
Apple stock price hits lowest since June 2021
Apple’s stock price closed at its lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns…
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…
Foxconn to begin assembling MacBooks in Vietnam within months
Apple plans to move some MacBook assembly out of China to Vietnam for the first time next year as the Cupertino Colossus continues its…
Strong recovery for Apple iPhone 14 Pro and iPhone Pro Max expected in January
DSCC’s Naranjo expects a strong recovery for Apple’s iPhone 14 Pro and iPhone Pro Max in January. iPhone 14 Pro…
Gene Munster: Apple iPhone 14 Pro pain in December will be March’s gain
On November 6th, Apple announced that China’s quixotic “Zero COVID” lockdowns were impacting its iPhone 14 Pro and iPhone 14 Pro Max…
Apple reportedly seeks to triple iPhone assembly in India over the next two years
In order to diversify production out of problematic China, Apple is looking to triple its production of iPhones assembled in India …
CCP releases all ‘high-risk’ COVID zones from lockdown in China
The Chinese Communist Party (CCP) has slashed the number of locations deemed “high risk” COVID zones inChina, re-opening locked down…
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…
TSMC revenue surges 50% in November despite quixotic ‘Zero COVID’ lockdowns
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 50% increase in November sales, a month challenged by the CCP’s quixotic…
Apple iPad posts 6.5% annual growth in China, grows tablet market share
Apple’s incomparable iPad lineup posted 6.5% annual growth in mainland China as the company grew its share of tablet market…
Apple assembler Foxconn, widespread protests pushed China to ease ‘Zero COVID’ curbs
A letter from the founder of Foxconn, the world’s largest iPhone assembler, played a major role in persuading China’s Communist Party…
Chinese Communist Party starts dismantling ‘Zero COVID’ policy after widespread insurrection across China
For years now, Chinese President Xi Jinping’s government insisted that his “Zero COVID” policy would “stand the test of history,” and…
Major Apple supplier TSMC triples Arizona chip plant investment
Major Apple supplier TSMC on Tuesday said it would more than triple its planned investment at the Taiwanese chipmaker’s new Arizona plant…
Stock futures fall on growing recession fears
U.S. stock index futures fell on Wednesday after warnings of a looming recession from major Wall Street bankers offset any optimism…
Wedbush analyst Dan Ives: ‘The clock has struck midnight in China for Apple’
Apple and China have been tied at the hip for decades, but, despite documented human rights abuses and actual genocide, it took…
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 looks to diversify some iPad production from China to India
Apple is speaking with Indian officials about relocating some iPad manufacturing in the country as U.S.-Chinese relations sour and the CCP’s…
Foxconn sees China iPhone plant beset by CCP ‘Zero COVID’ restrictions back at full output within weeks
Apple assembler Foxconn expects its “iPhone City” assembly campus in Zhengzhou, China which has repeatedly been beset by the CCP’s…
Better late than never: Apple accelerates plans to move production out of China
In recent weeks, Apple has accelerated plans to shift some of its production outside China, long the dominant country in the company’s supply…
Apple CEO Cook dodges questions about China protests; Enes Kanter Freedom: ‘Shame on him’
Apple CEO Tim Cook is taking heat after refusing to answer questions from a Capitol Hill reporter on the protests in China. “Shame on him…”
