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Tag: Foxxonn

Apple owns a two-year lead over Android imitators in 3D sensing race

Tuesday, March 20, 2018 9:30 am7 Comments

Most Android phones will have to wait until 2019 to duplicate the 3D sensing feature behind Apple’s TrueDepth system…

UBS: How Apple could get to zero net cash

Wednesday, February 14, 2018 3:55 pmWednesday, February 14, 201811 Comments

Apple Inc. has an enormous pile of cash — about $163 billion, to be exact…

Apple has eight years to pay $38 billion U.S. tax bill – with no interest or penalties

Thursday, January 25, 2018 10:34 amThursday, January 25, 201814 Comments

The eye-popping $38 billion tax bill that Apple Inc. said it plans to pay…

What Apple will likely do with their repatriated $207 billion

Monday, January 22, 2018 9:27 amMonday, January 22, 20189 Comments

When you go through where Apple could spend an estimated net of $207 billion…

How Tim Cook’s ‘Trump strategy’ made Apple a killer stock

Friday, January 19, 2018 4:26 pmFriday, January 19, 201825 Comments

In case you haven’t noticed, Apple’s stock is up a mind-blowing 50% over the past 12 months…

What Apple could buy with all its cash

Friday, January 19, 2018 12:01 pmFriday, January 19, 201819 Comments

Apple has typically not made large acquisitions…

President Trump personally calls Apple CEO Cook, thanks him for $350 billion investment pledge

Friday, January 19, 2018 9:57 amFriday, January 19, 201889 Comments

President Donald Trump said Thursday he personally called Apple CEO Tim Cook to thank him…

Here’s what Wall Street thinks of Apple’s cash repatriation plan

Thursday, January 18, 2018 2:52 pm10 Comments

Returning its overseas cash could net Apple Inc. $207 billion after taxes, according to an estimate…

Why a record $38 billion U.S. tax payment is a good deal for Apple

Thursday, January 18, 2018 1:36 pm6 Comments

Apple has faced mounting criticism in recent years for avoiding taxes in the US and Europe…

‘We want to help America,’ Apple CEO Tim Cook says of moving foreign money back to the U.S.

Thursday, January 18, 2018 10:44 am49 Comments

In an ABC News exclusive interview with Apple CEO Tim Cook…

Apple to build new U.S. campus, pay record $38 billion repatriation tax

Thursday, January 18, 2018 9:55 amThursday, January 18, 201827 Comments

Apple’s $38 billion tax commitment is the largest such sum announced in response to the major overhaul of the U.S. tax code that President Donald Trump signed into law…

Apple gives employees $2,500 bonuses after President Trump signed the GOP’s Tax Cuts and Jobs Act

Wednesday, January 17, 2018 6:12 pmWednesday, January 17, 2018160 Comments

Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units…

Looks like Apple is bringing nearly all of its $250 billion foreign cash back home to America

Wednesday, January 17, 2018 4:00 pmWednesday, January 17, 201850 Comments

Apple, already the largest US taxpayer, anticipates repatriation tax payments of approximately $38 billion…

Apple plans to add $350 billion to U.S. economy and create over 20,000 new jobs over next 5 years, pay $38 billion in repatriated taxes, the largest ever made

Wednesday, January 17, 2018 2:00 pmWednesday, January 17, 201856 Comments

Apple is increasing the size of their Advanced Manufacturing Fund from $1 billion to $5 billion…

Finisar deal helps Apple block Android rivals’ path to AR features

Thursday, December 14, 2017 12:30 pmThursday, December 14, 20177 Comments

Apple Inc’s million deal with chip supplier Finisar Corp announced on Wednesday helps lock in…

Apple makes Trump-friendly investment in Finisar

Wednesday, December 13, 2017 5:27 pm12 Comments

Apple’s $390 million may go further than many think…

Apple is backing up iPhone X’s Face ID and AirPods with American jobs

Wednesday, December 13, 2017 2:54 pmWednesday, December 13, 20174 Comments

In May, Apple pledged $200 million to glass manufacturer Corning…

How Apple and Finisar are transforming the future of Sherman, Texas

Wednesday, December 13, 2017 9:08 amWednesday, December 13, 201719 Comments

The 700,000-square-foot plant expects to begin shipping in the second half of 2018, and its output will make Sherman the VCSEL capital of the US…

Apple awards $390 million to VCSEL-maker Finisar; award will create 500 high-skill jobs at Sherman, Texas facility

Wednesday, December 13, 2017 8:38 amWednesday, December 13, 201722 Comments

VCSELs power some of Apple’s most popular new features, including Face ID, Animoji and Portrait mode selfies made possible with the iPhone X TrueDepth camera, as well as the proximity-sensing capabilities of AirPods…

Amid President Trump’s ‘Made in America’ push, six U.S. states vie for Foxconn’s $10+ billion U.S. display factory

Thursday, June 22, 2017 1:34 pm237 Comments

President Donald Trump has called for firms to build more products in the United States…

Made in America iPhones, after all? Apple supplier Foxconn considering iPhone plant in Wisconsin

Thursday, June 15, 2017 9:59 amThursday, June 15, 201713 Comments

President Donald Trump alluded to negotiations with an unspecified company during a visit to Milwaukee on Tuesday…

SoftBank and Saudi Arabia settled their differences to create world’s biggest tech fund; $100 billion fund has won Apple’s commitment

Friday, May 19, 2017 4:32 pmFriday, May 19, 20177 Comments

Japan’s SoftBank Group Corp. is poised to launch the world’s biggest technology fund…

Apple awards Corning $200 million in first Advanced Manufacturing Fund investment

Friday, May 12, 2017 1:03 pmFriday, May 12, 20176 Comments

Apple today announced Corning Incorporated will receive $200 million from Apple’s new Advanced Manufacturing Fund…

China Premier Li visits Apple supplier Foxconn after CEO’s meeting with President Trump

Wednesday, May 10, 2017 1:30 pmWednesday, May 10, 2017No Comments

China is the best place for expanding manufacturing and investment, the country’s premier…

Apple’s billion-dollar advanced manufacturing investment is a blueprint for U.S. job growth

Thursday, May 4, 2017 2:07 pm61 Comments

Add Apple to the list of companies trying to make nice with the Trump administration…

Apple: We are one of the biggest job creators in the U.S., responsible for two million jobs in all 50 states

Thursday, May 4, 2017 1:01 pmThursday, May 4, 20174 Comments

Apple Inc. has debuted a new sectiojn on their website detailing their role in U.S. job creation…

Apple to invest $1 billion to promote manufacturing jobs in the U.S.

Thursday, May 4, 2017 9:54 amThursday, May 4, 201727 Comments

The fund comes as President Donald Trump has made bringing back manufacturing jobs a big part of his agenda…

Apple’s top manufacturing partner to meet with U.S. President Trump today

Thursday, April 27, 2017 4:25 pmThursday, April 27, 201718 Comments

Chairman Terry Gou of key iPhone assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, is set to meet U.S. President Donald Trump in Washington…

Apple signs two-year contract with Samsung for up to 92 million OLED iPhone displays

Friday, April 7, 2017 9:51 amFriday, April 7, 201711 Comments

Apple reportedly has signed a two-year contract with Samsung Display for the supply…

U.S. private sector job creation remains strong as employers add 263,000 private-sector jobs

Wednesday, April 5, 2017 4:00 pmWednesday, April 5, 201790 Comments

Private-sector hiring this year remained strong as employers reported adding more workers to their payrolls in March than expected…

Samsung plans major U.S. expansion, would shift manufacturing from Mexico

Wednesday, March 8, 2017 2:34 pm20 Comments

Samsung’s interest in a U.S. factory was influenced by the election of U.S. President Donald Trump…

U.S. private sector job creation booms in President Trump’s first full month as employers add 298,000 jobs

Wednesday, March 8, 2017 1:51 pmWednesday, March 8, 201766 Comments

President Donald Trump’s first full month in office coincided with a breakneck pace of job growth…

Sharp increases OLED-investment plan to $878 million as Apple’s next iPhone to feature OLED

Tuesday, March 7, 2017 12:25 pm11 Comments

Sharp Corp. is looking to spend some ¥100 billion ($878 million) in an expanded plan to build organic light-emitting diode displays…

Apple supplier Sharp may begin building $7 billion U.S. plant in within months as Japan PM meets President Trump

Wednesday, February 8, 2017 10:29 am57 Comments

Japanese display maker Sharp Corp may start building a $7 billion plant in the United States…

Why Apple’s main supplier Foxconn might want a U.S. factory

Tuesday, January 24, 2017 2:01 pmTuesday, January 24, 20172 Comments

The Apple supplier Foxconn is considering building a US-based factory for making large displays in the US…

Apple backing a big league manufacturing plant would be a huge win for President Trump

Monday, January 23, 2017 12:01 pmMonday, January 23, 201773 Comments

The new factory might be a joint investment with Apple…

Foxconn and Apple may team to build $7 billion manufacturing facility in U.S.; could create 50,000 new jobs during President Donald Trump’s first year

Monday, January 23, 2017 8:28 amMonday, January 23, 201728 Comments

Foxconn Technology Group is considering building a U.S. display-making facility for upwards of $7 billion…

Foxconn-Sharp considering LCD plant in USA, plans in response to President-elect Trump’s ‘Make in America’ call

Friday, January 13, 2017 10:55 amFriday, January 13, 201782 Comments

Hon Hai Precision Industry and its Japanese subsidiary Sharp have begun studying the possibility of building…

Apple invests $1 billion in SoftBank’s massive tech fund; may help company get in President Trump’s good graces

Wednesday, January 4, 2017 4:03 pm17 Comments

Apple confirmed on Tuesday that it is investing $1 billion in a massive new technology fund from Japan’s SoftBank Group…

New York Times story a sign that Apple is subtly pushing back on the idea of U.S. manufacturing?

Friday, December 30, 2016 11:08 amFriday, December 30, 201661 Comments

Arguably more than any time in the past decade, the political pressure is on for Apple to bring back at least some of its manufacturing jobs from overseas…

Apple supplier Foxconn could be signaling U.S. expansion plans amid President-elect Trump’s ‘Made in America’ push

Thursday, December 29, 2016 9:43 am22 Comments

Terry Gou, the founder of Apple supplier Foxconn, could be moving closer to defining his U.S. expansion strategy…

Apple would rather kill U.S. manufacturing if it could, but doing so would be political suicide

Wednesday, December 21, 2016 10:56 amWednesday, December 21, 201643 Comments

To this day, the Mac Pro remains one of the few products that Apple actually manufactures in the U.S…

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