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…
Tag: Hon Hai
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…
Major Apple supplier Foxconn took one for the team
It looks like Foxconn Technology Group is taking one for the team…
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…
President Trump may not spare Apple’s iPhone from trade war
The phrase on the back of iPhones — ‘Designed by Apple in California. Assembled in China’ — highlights a key reason…
iPhone assembler Foxconn’s billionaire CEO Terry Gou chafes at China’s ‘unreasonable’ overtime caps
The billionaire chief of Foxconn Technology Group, Apple Inc.’s main iPhone assembler…
Designed in California. Assembled in China. How Apple’s iPhone skews U.S. trade deficit
U.S. President Donald Trump often tweets from his iPhone about pressuring China to address its $375 billion trade surplus…
Apple owns a two-year lead over Android imitators in 3D sensing race
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
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
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
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
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
Apple has typically not made large acquisitions…
President Trump personally calls Apple CEO Cook, thanks him for $350 billion investment pledge
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
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
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.
In an ABC News exclusive interview with Apple CEO Tim Cook…
Apple to build new U.S. campus, pay record $38 billion repatriation tax
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
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
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
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
Apple Inc’s million deal with chip supplier Finisar Corp announced on Wednesday helps lock in…
Apple makes Trump-friendly investment in Finisar
Apple’s $390 million may go further than many think…
Apple is backing up iPhone X’s Face ID and AirPods with American jobs
In May, Apple pledged $200 million to glass manufacturer Corning…
How Apple and Finisar are transforming the future of Sherman, Texas
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
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…
Foxconn makes first iPhone X shipment to Apple, only 46,500 units
The first-batch shipments of the iPhone X units were much lower than the previous iPhone models…
Amid President Trump’s ‘Made in America’ push, six U.S. states vie for Foxconn’s $10+ billion U.S. display factory
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
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
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
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
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
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
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.
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
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
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
Private-sector hiring this year remained strong as employers reported adding more workers to their payrolls in March than expected…
Apple CEO Tim Cook defends globalization, walks tightrope on privacy in rare public speech in China
Apple Inc.’s Chief Executive Tim Cook defended globalization in a rare public speech in China…
President Trump’s vision of massive U.S. Apple iPhone assembly hinges on robotics
President Trump has visions of a massive Apple factory opening in the U.S. to churn out the latest iPhone…
Pegatron CEO: If President Trump institutes ‘Made in America’, we can build iPhones in U.S. – as long as Apple absorbs the costs
Pegatron Corp., one of the two Taiwanese companies that assemble iPhones and iPads for Apple Inc…