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Tag: Hon Hai Precision Industry

Foxconn’s revenue begins to recover from COVID-19 shutdown

Thursday, July 9, 2020 8:47 amNo Comments

Major Apple supplier Foxconn’s revenue appear to be recovering broadly in line with the company’s forecast, following the COVID-19 shutdown…

Apple aims to increase iPhone production by 4% through March 2021

Tuesday, April 21, 2020 10:52 amNo Comments

Apple has notified several of its iPhone suppliers that it plans to increase iPhone production to make about 213 million iPhone units…

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…

Foxconn pledges to start up Wisconsin electronics plant this year

Wednesday, January 22, 2020 12:48 pm9 Comments

Foxconn founder Terry Gou pledged to start up a long-delayed electronics plant in Wisconsin this year. Gou said the plant will drive his company’s vision…

Apple’s new low-cost iPhone starts mass production next month

Wednesday, January 22, 2020 11:47 am1 Comment

As Apple looks to address a wider section of the global smartphone market, suppliers are slated to begin assembly of an all-new low-cost iPhone next month…

After meeting with President Trump, Foxconn’s Terry Gou to visit Wisconsin

Thursday, May 2, 2019 9:29 amThursday, May 2, 201913 Comments

Foxconn billionaire chairman Terry Gou has met United States President Donald Trump…

Apple’s iPhone slowdown could hurt the credit ratings of its suppliers

Monday, March 11, 2019 12:01 pmMonday, March 11, 20193 Comments

It has been weeks since the slowdown in Apple’s smartphone sales hit the shares…

Foxconn hiring more workers, offering extra bonuses to assemble Apple’s next-gen iPhones

Tuesday, July 24, 2018 7:25 pm5 Comments

Foxconn Electronics (Hon Hai Precision Industry) is offering extra bonuses in its bid to hire…

Apple reportedly has no plans for major updates to MacBook product line in 2018

Tuesday, January 16, 2018 3:56 pmTuesday, January 16, 201811 Comments

Apple is expected to shift a major portion of its MacBook orders to Foxconn Electronics…

Apple assembler Foxconn sees over 40% on month revenue growth in September

Monday, October 16, 2017 10:01 amMonday, October 16, 2017No Comments

Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of…

Apple dumps Samsung for TSMC to stamp Apple S2 chips for Apple Watch 2; launch coming soon

Wednesday, August 10, 2016 4:45 pmWednesday, August 10, 20168 Comments

Taiwan Semiconductor Manufacturing Company (TSMC) will replace Samsung as the sole supplier of chips…

Did Apple help Foxconn buy Sharp?

Thursday, March 31, 2016 4:55 pmThursday, March 31, 20164 Comments

Foxconn’s purchase of a 66% stake in Sharp for the reduced price of $3.5 billion is questionable…

Apple supplier Foxconn agrees to buy Sharp after slashing original offer

Wednesday, March 30, 2016 9:25 amWednesday, March 30, 20165 Comments

Taiwan’s Foxconn agreed to acquire Japan’s Sharp Corp. at a big discount to its original offer…

Sharp Corp. liabilities list covered worst-case scenarios; takeover talks extended

Monday, February 29, 2016 2:00 pmMonday, February 29, 20161 Comment

Top Sharp officials had not examined the list and had not planned to share it with Foxconn…

Why Foxconn’s multi-billion-dollar deal for Sharp is dead in the water

Thursday, February 25, 2016 3:45 pm1 Comment

Board members of struggling Japanese electronics maker Sharp Corp. met Thursday and agreed to sell the company, but…

Foxconn’s $5.1 billion bid for Sharp could be good for Apple, too

Thursday, February 25, 2016 12:56 pmThursday, February 25, 20161 Comment

LCD screens are expensive. They’re the most costly component in the iPhone 6 Plus, by about three times more than the next part…

Apple supplier Sharp accepts Hon Hai’s $6.2 billion takeover offer; Hon Hai says deal on hold

Thursday, February 25, 2016 9:27 amThursday, February 25, 20161 Comment

Sharp’s board on Thursday morning decided to accept a roughly 700 billion yen ($6.2 billion) takeover offer…

Foxconn fast-tracks $5.5 billion Sharp takeover bid

Thursday, February 4, 2016 8:30 am1 Comment

Taiwanese iPhone assembler Foxconn is pushing to wrap up a takeover of Sharp Corp. within days…

State-backed Japanese fund in race with Foxconn to save Sharp

Thursday, January 21, 2016 8:50 am3 Comments

A state-backed Japanese fund is frontrunner to rescue Sharp Corp, ahead of a rival approach from Apple supplier Foxconn…

Hon Hai considering $1.7 billion stake in Sharp LCD business; to ask Apple to invest a ‘few hundred million’

Monday, September 28, 2015 8:30 amThursday, November 19, 20153 Comments

Hon Hai planned to ask iPhone maker and customer Apple Inc, which is also a client of Sharp, to invest a ‘few hundred million dollars’ to help…

Hon Hai offers to buy Sharp’s LCD business, wants Apple funds

Monday, September 21, 2015 11:28 am4 Comments

Taiwan’s Hon Hai Precision Industry Co offered to buy Sharp Corp’s struggling liquid panel display business…

Apple suppliers Sharp, Foxconn in talks for LCD joint venture

Monday, August 24, 2015 2:30 pm1 Comment

Japanese supplier Sharp is negotiating with Hon Hai Precision Industry…

Apple’s Mac sales have risen and iPad sales have now declined for six consecutive quarters

Tuesday, July 28, 2015 3:59 pm19 Comments

Last quarter, Mac unit sales and revenue both rose 9% annually…

Apple places cautious orders for 12.9-inch ‘iPad Pro’; low initial supply expected for late-2015 launch

Monday, July 13, 2015 12:03 pmMonday, July 13, 201528 Comments

Apple’s upstream supply chain is expected to start supplying components for…

Apple assembler Foxconn’s December revenues hit record

Monday, January 12, 2015 8:25 amMonday, January 12, 20153 Comments

Foxconn posted consolidated revenues of NT$1.499 trillion…

Hon Hai, Pegatron on China hiring spree for next-gen iPhone assembly jobs

Monday, June 23, 2014 8:28 am5 Comments

Hon Hai Precision Industry will recruit over 100,000 people in mainland China…

Foxconn Electronics lands 5.5-inch Apple iPhone orders, sources say

Tuesday, May 27, 2014 12:01 pmTuesday, May 27, 20149 Comments

Apple is rumored to release a 5.5-inch and a 4.7-inch iPhone in 2014…

November revenues hit record for Apple’s product assembler Foxconn Electronics

Wednesday, December 11, 2013 9:04 amWednesday, December 11, 20134 Comments

Foxconn Electronics (Hon Hai Precision Industry) has reported…

Apple assembler Foxconn continues hiring spree in China factories

Friday, September 6, 2013 3:28 pmFriday, September 6, 20131 Comment

Foxconn Electronics’ production sites in Shenzhen, Zhengzhou and Taiyuan…

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