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Tag: Hon Hai Precision Industry Co.

Apple supplier Foxconn backs top China chipmaker after $9 billion rescue

Wednesday, July 13, 2022 3:53 pm2 Comments

A Shanghai-listed arm of Apple supplier Foxconn Technology Group acquired a stake in China’s top chipmaker during its $9 billion bailout…

Apple has ‘manageable but significant’ exposure to latest China COVID lockdowns – analyst

Tuesday, March 15, 2022 8:55 amTuesday, March 15, 20225 Comments

Apple investors have a new concern: lockdowns in response to rising COVID-19 cases in key manufacturing areas in China could impact…

Apple stock falls below key level after China shuts Foxconn plant over COVID spike

Monday, March 14, 2022 3:36 pm2 Comments

Apple shares fell on Monday, dropping below their 200-day moving average, after Foxconn halted operations following China’s COVID …

Apple supplier Foxconn halts production in Shenzhen amid China’s COVID spike

Monday, March 14, 2022 8:59 amNo Comments

Foxconn, a supplier to Apple, has halted production in Shenzhen, China, after government officials put the city under COVID lockdown…

Apple iPhone assembler Foxconn says component shortages are easing

Thursday, February 10, 2022 9:13 amThursday, February 10, 2022No Comments

The biggest assembler of iPhones, Taiwan’s Foxconn, said component shortages that have hampered electronics production for more than a year…

Foxconn’s purchase of Ohio auto plant may make it a stronger contender to assemble ‘Apple Car’

Friday, October 1, 2021 8:29 amNo Comments

Foxconn Technology Group’s planned purchase of an auto plant in Lordstown, Ohio may make it a stronger contender to assemble “Apple Car.”

JPMorgan: Apple ‘iPhone 14 Pro’ expected to sport titanium casing

Monday, July 26, 2021 10:37 amMonday, July 26, 202111 Comments

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 …

Foxconn sets sales record on strong 5G iPhone demand

Tuesday, January 5, 2021 8:50 am1 Comment

Main iPhone assembler Hon Hai Precision Industry Co. (Foxconn) reported higher-than-expected quarterly revenue thanks to robust demand…

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…

Foxconn: Apple’s 5G iPhones on track for autumn launch

Wednesday, April 1, 2020 8:43 amNo Comments

Apple iPhone assembler Foxconn says that the company can assemble next-generation 5G-capable iPhones in time for Apple’s usual autumn launch …

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…

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…

Mobile World Congress cancellation is good news for Apple’s ‘iPhone SE 2’

Thursday, February 13, 2020 11:30 am2 Comments

sterday’s cancellation of the 2020 Mobile World Congress in Barcelona, Spain, could very well be good news for Apple’s “iPhone SE 2” launch…

Apple suppliers scramble to restart production in China while keeping vast factories coronavirus-free

Thursday, February 13, 2020 10:46 am4 Comments

Apple suppliers in China are scrambling to restart production. Foxconn’s main Longhua campus in Shenzhen is the size of 250 football fields…

Foxconn refutes Reuters report on restart timeline for Chinese factories

Wednesday, February 12, 2020 11:01 pm1 Comment

In a statement to the Taipei stock exchange, Taiwan’s Foxconn on Thursday refuted that recent Reuters reports on its plans to restart factories in China…

Coronavirus infects Apple’s Mac Pro delivery schedule

Wednesday, February 12, 2020 4:02 pmWednesday, February 12, 20205 Comments

For at least a week, many custom iMac, iMac Pro, and MacBook Pro configurations have been facing longer-than-usual delivery estimates on Apple’s online store…

Mobile World Congress 2020 canceled due to Coronavirus outbreak

Wednesday, February 12, 2020 3:20 pmWednesday, February 12, 2020No Comments

The 2020 Mobile World Congress has been canceled by GSMA due to fears surrounding the 2019-nCoV coronavirus outbreak. The decision to abandon…

Apple shares surge as Chinese factories accelerate post-coronavirus restarts

Wednesday, February 12, 2020 3:00 pmWednesday, February 12, 2020No Comments

Following a report that Foxconn’s iPhone assembly plants will speed up their return to normal production, the market saw Apple shares surge …

Coronavirus effects on Apple to date

Wednesday, February 12, 2020 11:07 amNo Comments

The 2019-nCoV coronavirus continues to spread through China. Here’s a rundown of the effects on Apple due to the coronavirus so far…

Foxconn plans to resume 50% of output in virus-hit China by end of month

Wednesday, February 12, 2020 8:41 amWednesday, February 12, 20201 Comment

Foxconn plans to resume 50% of output in virus-hit China by end of February, as the major Apple-supplier reopens plants shut over the coronavirus outbreak…

JPMorgan: Coronavirus may be smaller risk to Chinese manufacturing than feared

Tuesday, February 11, 2020 4:31 pmTuesday, February 11, 20201 Comment

The 2019-nCoV coronavirus outbreak that killed at least 1,018 may be a smaller risk to Chinese manufacturing than feared, according to JPMorgan …

Nasdaq climbs to record as investors look past coronavirus

Monday, February 10, 2020 5:37 pm1 Comment

The Nasdaq Composite and S&P 500 clinched closing records on Monday as investors took heart in mostly solid U.S. fourth-quarter corporate earnings…

China’s Q1 smartphone sales may be cut in half due to coronavirus

Monday, February 10, 2020 10:44 amMonday, February 10, 2020No Comments

Since many retail shops have closed for an extended period and production has yet to fully resume, China’s Q1 smartphone sales may plunge by as much as 50%…

Ming-Chi Kuo: Foxconn moves some iPhone assembly from China to India and Taiwan due to coronavirus

Monday, February 10, 2020 10:01 amMonday, February 10, 20202 Comments

Apple analyst Ming-Chi Kuo says some Foxconn iPhone assembly has been moved from China to India and Taiwan due to the coronavirus impact on production…

iPhone assembler Foxconn restarts key China plant with 10% of workers

Monday, February 10, 2020 9:32 amMonday, February 10, 20203 Comments

Apple’s largest iPhone assembler, Foxconn, has received approval from the Chinese government to resume production at a key plant in China…

China government blocks restart of Foxconn plants due to coronavirus

Saturday, February 8, 2020 11:35 amNo Comments

Apple iPhone assembler Foxconn’s plan to restart production on Feb. 10 has been called off by the gov’t in China due to the coronavirus outbreak…

Apple Stores in China won’t reopen as planned due to coronavirus

Friday, February 7, 2020 5:30 pmFriday, February 7, 20206 Comments

Apple employees have been notified by the company that Apple Stores in China won’t reopen as planned due to the coronavirus outbreak…

Foxconn warns staff to keep away from Shenzhen facility due to coronavirus

Friday, February 7, 2020 2:48 pm3 Comments

Hon Hai Precision Industry Co., parent company of Apple assembler Foxconn, warned staff at its Shenzhen facility not to return to work…

China coronavirus death toll jumps to 563

Wednesday, February 5, 2020 8:32 pm13 Comments

The death toll from the 2019-nCoV coronavirus in mainland China jumped by 73 to 563 on Thursday, its third consecutive record daily rise…

Foxconn sees full China production resuming late-February

Wednesday, February 5, 2020 12:32 pmNo Comments

Taiwan’s Foxconn aims to steadily ramp up operations at factories in China next week, but it could take between one to two weeks after that…

Foxconn to resume iPhone assembly on Feb. 10, quarantine workers

Wednesday, February 5, 2020 10:01 amWednesday, February 5, 2020No Comments

Foxconn plans a quarantine of up to two weeks for any employee that returns to work as a precautionary measure to curb the spread of 2019-nCoV coronavirus…

Apple suppliers shift output out of China as trade tensions rise

Monday, January 28, 2019 8:29 am1 Comment

Apple Inc.’s main assemblers are shifting more output to India and Southeast Asia…

Apple supplier Hon Hai posts all-time November revenue record

Tuesday, December 11, 2018 2:50 pm7 Comments

Apple Inc.’s two largest Asian suppliers unveiled decent jumps in monthly revenue…

Apple supplier Foxconn reports 30% growth in September revenue

Thursday, October 11, 2018 8:58 am5 Comments

Apple supplier Foxconn/Hon Hai reports a 30% revenue jump in September to about $18.8 billion…

Inventec begins initial shipments of Apple’s long-awaited HomePod

Wednesday, January 17, 2018 8:57 amWednesday, January 17, 201812 Comments

Inventec Corp, one of the two assemblers for Apple Inc’s HomePod, has started shipping the US company’s…

Apple assembler Foxconn reports 30 percent growth in fourth quarter net profit, thanks to Apple’s iPhone 7/Plus

Friday, March 31, 2017 10:28 amFriday, March 31, 20171 Comment

Taiwan’s Foxconn, the world’s largest contract electronics maker and a key Apple Inc supplier…

It’s Apple vs. President Trump in Taiwan, and Apple is winning so far

Tuesday, March 21, 2017 2:55 pmTuesday, March 21, 20178 Comments

Apple Inc. and U.S. President Donald Trump are going head-to-head for influence…

Apple’s iPhone 6s/Plus help boost Taiwan’s export orders

Tuesday, October 20, 2015 3:28 pmTuesday, October 20, 20152 Comments

The launch of Apple Inc’s latest iPhones boosted demand for the island’s signature technology goods…

Analyst: Apple to unveil next-gen iPhones in August; 12.9-inch ‘iPad Pro’ by Christmas

Thursday, May 21, 2015 10:57 amThursday, May 21, 20159 Comments

The next generation of the iPad, which will be equipped with a 12.9-inch panel…

Apple’s 4.7-inch iPhone 6 begins mass production this month, 5.5-inch model in August

Friday, July 18, 2014 3:26 pmFriday, July 18, 20147 Comments

Mass production of Apple Inc’s next-generation iPhone this month…

Apple assembler Hon Hai Precision profit surges 21%

Wednesday, May 14, 2014 8:59 amWednesday, May 14, 20142 Comments

Apple Inc.’s major assembler, Hon Hai Precision Industry Co…

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