Apple supplier Foxconn posted a better-than-expected 23% rise in quarterly profit on Wednesday…
Tag: Foxconn
Foxconn and Compal said to land assembly orders for next year’s Apple Watch Series 6
Foxconn and Compal Electronics have obtained orders to assemble 2020 models of the Apple Watch…
Apple supplier Foxconn begins iPhone XR assembly in India, iPhone 11 models next to be ‘Made in India’
Apple has begun commercial production of the iPhone XR locally at the Foxconn facility near Chennai, India, the capital of the state of Tamil Nadu…
How Apple is reacting to the U.S.-China trade war
Apple may be the pride of America, but there’s no avoiding the ironic fact that a “Assembled in China” stamp sits at the bottom of most Apple products..
Apple to invest $1 billion in India, plans to begin export of ‘Made in India’ iPhones across the world
As Apple plans to begin exporting ‘Made in India’ iPhones across the world, the California-based company is set invest some $1 billion in India…
Foxconn’s Terry Gou quits Taiwan’s KMT, paving way for independent presidential bid
Terry Gou, the founder of Apple supplier Foxconn, quit Taiwan’s main opposition party on Thursday…
Apple, Foxconn say they overly relied on temporary workers in China
Apple Inc and manufacturing partner Foxconn Technology Co Ltd on Monday rebutted allegations of lapses in people management leveled by a non-profit monitor of worker rights…
Apple’s data shows a deepening dependence on China as Trump administration’s tariffs loom
Apple Inc’s dependence on China has not lessened by tapping factories in Brazil and India, the company’s supply chain data shows, raising the stakes as U.S. President Trump promises more tariffs…
India considers easing sourcing rules that may help Apple
India is considering relaxing local sourcing norms for foreign companies that sell only their own brand, a move that is likely to encourage Apple Inc. to set up stores…
Trump admin tariff threats spur exodus of manufacturers from China
Electronics makers are shifting manufacturing from China in order to side-step Trump administration tariffs…
Morgan Stanley: Apple has multiple options to lower potential import tariff impact
Morgan Stanley analysts believe that Apple will take multiple steps to mitigate tariffs on Chinese imports to the United States, including employing non-Chinese assemblers and suppliers…
Foxconn eyes sale of $8.8 billion China display panel factory amid trade war woes
U.S. President Donald Trump sharply raised the stakes in the bruising trade war with China and jolted global financial markets by vowing on Thursday to impose a 10% tariff on $300 billion of Chinese imports from September 1…
Apple supplier Foxconn gearing up for ‘iPhone 11’ assembly by recruiting new staff, offering incentives
Ahead of Apple’s expected release of three new iPhones for 2019, manufacturer Foxconn is gearing up for production…
Analyst: Apple has increased iPhone production in response to Huawei ban
To take advantage of the Huawei ban, Apple increased production of iPhones across the entire quarter that concludes at the end of June…
U.S.-China trade deal or not, Apple has reasons to cut Chinese manufacturing exposure
Though trade tensions might be the immediate catalyst behind Apple’s reported efforts to explore moving a meaningful portion of iPhone production out of China…
Foxconn founder Terry Gou urges Apple to move production out of China
The billionaire founder of Apple Inc.’s largest supplier asked the U.S. company to move part of its sprawling production chain from China to neighboring Taiwan…
U.S.-China trade tensions prompt Apple to consider diversifying supply chain out of China
Apple Inc. is asking suppliers to study shifting final assembly of some products out of China, people familiar with the matter said…
Apple is playing Chicken with China. Will Beijing flinch?
Apple has reportedly asked each of its largest suppliers to evaluate the costs to shift between 15% and 30% of its production out of China…
Special team within Apple investigating move of up to 30% of production out of China
A team of between 30 and 40 people at Apple is surveying the company’s major suppliers about the cost implications…
Apple’s stock just did something it hasn’t done since the dot-com bubble burst
Apple Inc.’s stock rally has finally done something that it hasn’t been able to do, in 20 failed attempts…
Apple gains after iPhone assembler Foxconn says it can shift capacity from China
Apple Inc. shares were indicated higher in pre-market trading Tuesday after its key iPhone assembler said it can make the tech giant’s flagship product outside of China…
After meeting with President Trump, Foxconn’s Terry Gou to visit Wisconsin
Foxconn billionaire chairman Terry Gou has met United States President Donald Trump…
Foxconn chairman Terry Gou travels to White House to discuss Wisconsin investment
Terry Gou, the chairman of Apple supplier Foxconn will travel to the United States on Tuesday…
Apple-supplier Foxconn ‘still committed’ to 13,000 Wisconsin jobs, despite governor’s doubts
Foxconn apparently still has big plans for Wisconsin, even though the state’s governor is skeptical…
The global system of trade is being realigned; how investors should navigate globalization’s decline
Investors have been on edge as the world’s two largest economies…
Foxconn says it remains committed to Wisconsin investment project
Taiwan’s Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin…
Foxconn chairman Terry Gou aims to resign as chairman to pave way for younger talent
The chairman of Taiwan’s Foxconn, an assembler of Apple Inc’s iPhones…
Apple supplier Foxconn to begin iPhone X assembly in India; XS and XS Max also planned
Taiwanese contract manufacturer Foxconn will begin from July the commercial production…
What’s going on with Foxconn in Wisconsin?
The secrecy and vagueness are frustrating to critics…
Major Apple supplier Foxconn took one for the team
It looks like Foxconn Technology Group is taking one for the team…
Apple supplier Foxconn beats estimates in fourth-quarter profit
Investors are now looking to a possible recovery of iPhone sales in the second half…
Apple’s iPhone slowdown could hurt the credit ratings of its suppliers
It has been weeks since the slowdown in Apple’s smartphone sales hit the shares…
Foxconn workers line up to leave the world’s largest iPhone assembly plant as overtime opportunities plunge
It is a normal Saturday in Zhengzhou, the capital of central China’s Henan province…
Foxconn after talks with White House: Wisconsin site will be an ‘advanced manufacturing facility as well as a hub of high technology innovation’
Foxconn says it’s moving forward with the construction of its Wisconsin facility…
Foxconn reconsidering plans to make LCD panels at Wisconsin plant
Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels…
Apple suppliers shift output out of China as trade tensions rise
Apple Inc.’s main assemblers are shifting more output to India and Southeast Asia…
Apple cuts current-quarter production plan for new iPhones by 10 percent
Apple Inc, which slashed its quarterly sales forecast last week, has reduced planned production…
Foxconn to begin assembling top-end Apple iPhones in India in 2019
Apple Inc will begin assembling its top-end iPhones in India through the local unit of Foxconn…
Apple supplier Hon Hai posts all-time November revenue record
Apple Inc.’s two largest Asian suppliers unveiled decent jumps in monthly revenue…
Apple assembler Pegatron posts 43% YOY revenue growth for November
In addition, Foxconn’s Hon Hai is now on track for the fastest annual revenue growth since 2012…
Apple assembler Foxconn considering iPhone factory in Vietnam to mitigate U.S.-China trade issues
Apple Inc’s biggest iPhone assembler, Foxconn, is considering setting up a factory in Vietnam…
Apple supplier Foxconn plans $2.9 billion in cost cuts
Foxconn is reportedly planning to cut operational costs by 20 billion yuan…
