Apple remained the No. 1 semiconductor chip buyer in 2020, representing 11.9% of the total worldwide market, according to preliminary…
Tag: Hon Hai
Foxconn finally fires up Wisconsin factory hailed by President Trump
Breathing life into a factory hailed by President Trump, Foxconn plans to assemble key components for Google servers at its Wisconsin factory…
Apple’s supply chain shift creates boomtowns in rural Vietnam
Vietnam’s Bac Giang province was one of the nation’s poorest. Now officials in the rural area north of Hanoi host representatives from Apple…
Apple iPhone assembler Foxconn secures enough workers for all China factories
Foxconn issued a statement Sunday night in which it said the company has secured enough workers to meet “seasonal demand” at all major China factories …
Apple’s next-gen 5G iPhones remain on schedule to launch this fall
Apple’s next-gen 5G-capable flagship iPhones are still on schedule to launch in the fall as mass production isn’t set to begin until May…
Terry Gou: Foxconn factory restarts in China have ‘exceeded expectations’
Terry Gou, founder of Apple supplier Foxconn, said on Thursday that Foxconn factory restarts in China have “exceeded expectations.”
Apple supplier Foxconn’s revenue drops 18.13% YOY due to coronavirus
In the wake and continued midst of the COVID-19 coronavirus slowdown, Apple supplier Foxconn reported its biggest year-over-year revenue drop since 2013…
iPhone assembler Foxconn expects China factories to return to normal by month end
Foxconn, Apple’s iPhone assembler, expects its factories in China to return to normal by the end of this month after the COVID-19 coronavirus outbreak…
Apple supplier Pegatron plans production facilities in Vietnam
The latest Apple supplier to establish a presence in Vietnam is Taiwan’s Pegatron, which plans to set up production facilities in the Southeast Asian nation…
Apple supplier Foxconn’s Q3 profit up 23%, beats forecast
Apple supplier Foxconn posted a better-than-expected 23% rise in quarterly profit on Wednesday…
How Apple is reacting to the U.S.-China trade war
Apple may be the pride of America, but there’s no avoiding the ironic fact that a “Assembled in China” stamp sits at the bottom of most Apple products..
Apple to invest $1 billion in India, plans to begin export of ‘Made in India’ iPhones across the world
As Apple plans to begin exporting ‘Made in India’ iPhones across the world, the California-based company is set invest some $1 billion in India…
Foxconn’s Terry Gou quits Taiwan’s KMT, paving way for independent presidential bid
Terry Gou, the founder of Apple supplier Foxconn, quit Taiwan’s main opposition party on Thursday…
Apple’s data shows a deepening dependence on China as Trump administration’s tariffs loom
Apple Inc’s dependence on China has not lessened by tapping factories in Brazil and India, the company’s supply chain data shows, raising the stakes as U.S. President Trump promises more tariffs…
Trump admin tariff threats spur exodus of manufacturers from China
Electronics makers are shifting manufacturing from China in order to side-step Trump administration tariffs…
Morgan Stanley: Apple has multiple options to lower potential import tariff impact
Morgan Stanley analysts believe that Apple will take multiple steps to mitigate tariffs on Chinese imports to the United States, including employing non-Chinese assemblers and suppliers…
Foxconn eyes sale of $8.8 billion China display panel factory amid trade war woes
U.S. President Donald Trump sharply raised the stakes in the bruising trade war with China and jolted global financial markets by vowing on Thursday to impose a 10% tariff on $300 billion of Chinese imports from September 1…
Apple supplier Foxconn gearing up for ‘iPhone 11’ assembly by recruiting new staff, offering incentives
Ahead of Apple’s expected release of three new iPhones for 2019, manufacturer Foxconn is gearing up for production…
Analyst: Apple has increased iPhone production in response to Huawei ban
To take advantage of the Huawei ban, Apple increased production of iPhones across the entire quarter that concludes at the end of June…
U.S.-China trade deal or not, Apple has reasons to cut Chinese manufacturing exposure
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…
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…
