Foxconn, the world’s largest contract electronics manufacturer, reported a sharp rise in second-quarter profit on Wednesday, driven by…
Tag: Hon Hai Precision Industry
Apple assembler Foxconn hits record July revenue on surging AI demand
Apple supplier Foxconn, the world’s largest contract electronics manufacturer, reported record monthly revenue in July, driven by…
Apple assembler Foxconn buys huge site in India tech hub
Major Apple assembler Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the company said in a filing…
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 aims to increase iPhone production by 4% through March 2021
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’
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Foxconn billionaire chairman Terry Gou has met United States President Donald Trump…
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 hiring more workers, offering extra bonuses to assemble Apple’s next-gen iPhones
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
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
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
Taiwan Semiconductor Manufacturing Company (TSMC) will replace Samsung as the sole supplier of chips…
Did Apple help Foxconn buy Sharp?
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
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
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
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
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
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
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
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’
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
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
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
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
Apple’s upstream supply chain is expected to start supplying components for…
Apple assembler Foxconn’s December revenues hit record
Foxconn posted consolidated revenues of NT$1.499 trillion…
Hon Hai, Pegatron on China hiring spree for next-gen iPhone assembly jobs
Hon Hai Precision Industry will recruit over 100,000 people in mainland China…
