Apple supplier Foxconn’s factory near Chennai in southern India will remain shut this week following protests sparked by a food poisoning…
Tag: Foxconn
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 and Lordstown Motors enter into strategic partnership
Lordstown Motors Corp., a provider of electric light-duty trucks focused on the commercial fleet market, and Hon Hai Technology Group…
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…
JPMorgan: Apple ‘iPhone 14 Pro’ expected to sport titanium casing
According to a note to clients from JPMorgan Chase, Apple will launch the “iPhone 14” with the casing of the “iPhone 14 Pro” to be titanium …
iPhone assembler Foxconn says deadly China floods not impacting operations
At least 25 people have died in floods in China’s central province of Henan, a dozen of them in an underground subway tunnel in its…
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…
TSMC and Foxconn to buy 10 million doses of COVID-19 vaccines for Taiwan
Taiwan will allow Taiwan Semiconductor Manufacturing Company (TSMC) and Foxconn to buy 10 million doses of COVID-19 vaccines on behalf…
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…
Who will assemble the Apple Car?
Apple usually inks a contract manufacturer to assemble products for sale. The compnay is likely to employ a similar strategy for Apple Car …
Apple begins assembling iPhone 12 in India
Apple is now assembling the iPhone 12 in India as the company ramps up manufacturing operations in the world’s second-biggest…
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…
Who will build the Apple Car? Several candidates are in the running
Apple’s quest to build an electric vehicle has shined the spotlight on several potential partners capable of building the Apple Car …
Apple assembler Foxconn to build $270M factory in Vietnam, likely for MacBook and iPad
The government of Vietnam on Monday awarded a license to a unit of Taiwan’s Foxconn to build a $270 million plant to produce…
iPhone assembler Foxconn sets up vehicle venture as Apple Car looms
Apple’s assembly partner Foxconn is setting up a vehicle venture, strengthening its automotive manufacturing capabilities at a time when…
Apple supplier to produce electric SUVs for Chinese startup Byton
Apple assembler Foxconn and the Nanjing Economic and Technological Development Zone have agreed to build electric SUVs for Byton …
Foxconn sets sales record on strong 5G iPhone demand
Main iPhone assembler Hon Hai Precision Industry Co. (Foxconn) reported higher-than-expected quarterly revenue thanks to robust demand…
Apple accused of ignoring breaches of China’s temporary labor law
Apple ignored breaches of China’s temporary worker law in its supply chain for years because it was concerned about increased costs…
Foxconn to shift some Apple production to Vietnam to decrease China risk
Foxconn is moving some MacBook and iPad assembly to Vietnam from China at the request of Apple as the U.S. firm diversifies production to…
Foxconn sees strong Apple iPhone 12 demand, reiterates major U.S. investment
Apple supplier Foxconn forecast strong demand for the new iPhone 12 in the holiday quarter and said investment in the United States would…
Apple profit leaps 267% in India for fiscal 2020
Apple’s net profit for FY20 stood at INR 926.2 Cr in FY20 in India, a 267% growth from INR 262.27 Cr in the preceding fiscal year…
Apple iPhone looks to capture sales during India’s Diwali shopping bonanza
Companies including Apple are releasing almost a hundred smartphone models ahead of India’s Diwali shopping bonanza, a massive…
Morgan Stanley: Lower air quality in some Chinese cities points to iPhone 12 production surge
Morgan Stanley said that tracking of air quality reports in China show an increase in industrial activity tied to iPhone 12 production …
Apple’s supply chain shift creates boomtowns in rural Vietnam
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…
iPhone assemblers gain approval for $143 billion India manufacturing plan
Major iPhone assemblers for Apple Inc. were among 16 companies that won approval to manufacture products in India under a plan aimed…
Apple finally ready to make a concerted push in India
After years of treading water, or worse, sinking, Apple is finally ready to make a concerted push into India …
iPhone 12 assembly at China factory ramps up to 24 hours a day
The world’s largest iPhone assembly plant in Zhengzhou, China is running at full speed, 24 hours per day, 7 days per week in anticipation…
Three top Apple suppliers to commit $900 million to iPhone assembly in India
Three top Apple suppliers plan to invest a total of almost $900 million in India over the next five years to tap into a new Indian plan…
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…
Foxconn begins hiring spree as iPhone 12 enters mass production
Inresponse to the upcoming release of Apple’s new iPhone 12, iPhone 12 Max, iPhone 12 Pro, and iPhone 12 Pro Max, Foxconn’s Zhengzhou main…
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…
Apple makes iPhone 11 at Foxconn plant in India
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…
Apple supplier Foxconn to invest $1 billion in India
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
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
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
India’s additional scrutiny of imports from China has disrupted iPhone assembly at plants owned by Apple supplier Foxconn in southern India…
Apple, other U.S. goods from China held up at ports in India
Apple, Cisco, Ford, and other products are among the goods from U.S. companies being held up amid India’s border tensions with China, as ports…
Apple supplier Foxconn eyes further India investment, sees bright outlook
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…
Little-known data show signs of a tech rebound from COVID-19 shutdown
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
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 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 …
