Returning its overseas cash could net Apple Inc. $207 billion after taxes, according to an estimate…
Tag: Hon Hai
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…
Samsung plans major U.S. expansion, would shift manufacturing from Mexico
Samsung’s interest in a U.S. factory was influenced by the election of U.S. President Donald Trump…
U.S. private sector job creation booms in President Trump’s first full month as employers add 298,000 jobs
President Donald Trump’s first full month in office coincided with a breakneck pace of job growth…
Sharp increases OLED-investment plan to $878 million as Apple’s next iPhone to feature OLED
Sharp Corp. is looking to spend some ¥100 billion ($878 million) in an expanded plan to build organic light-emitting diode displays…
Under pressure from President Trump, Apple CEO stresses commitment to U.S.; says company spent $50 billion last year with U.S. suppliers
Apple spent roughly $50 billion last year at U.S.-based suppliers, Chief Executive Tim Cook said..
Advantech boss: China will suffer if President Trump makes good on vow to make Apple iPhones in America
The Chinese economy could be hit hard if U.S. President Donald Trump makes good on his vow…
Apple supplier Sharp may begin building $7 billion U.S. plant in within months as Japan PM meets President Trump
Japanese display maker Sharp Corp may start building a $7 billion plant in the United States…
Chinese factory replaces 90% of human workers with robots; production rises by 250%, defects drop by 80%
After a factory in Dongguan, China, replaced most of its workers with robots, it witnessed a spectacular rise in productivity…
Can President Trump bring Apple iPhone factories back to America?
As President Donald Trump pushes U.S. companies to make more products in the U.S…
Why Apple’s main supplier Foxconn might want a U.S. factory
The Apple supplier Foxconn is considering building a US-based factory for making large displays in the US…
Apple backing a big league manufacturing plant would be a huge win for President Trump
The new factory might be a joint investment with Apple…
Foxconn and Apple may team to build $7 billion manufacturing facility in U.S.; could create 50,000 new jobs during President Donald Trump’s first year
Foxconn Technology Group is considering building a U.S. display-making facility for upwards of $7 billion…
Foxconn-Sharp considering LCD plant in USA, plans in response to President-elect Trump’s ‘Make in America’ call
Hon Hai Precision Industry and its Japanese subsidiary Sharp have begun studying the possibility of building…
Apple invests $1 billion in SoftBank’s massive tech fund; may help company get in President Trump’s good graces
Apple confirmed on Tuesday that it is investing $1 billion in a massive new technology fund from Japan’s SoftBank Group…
New York Times story a sign that Apple is subtly pushing back on the idea of U.S. manufacturing?
Arguably more than any time in the past decade, the political pressure is on for Apple to bring back at least some of its manufacturing jobs from overseas…
Foxconn has 10 lights-out production lines, aims to fully automate entire factories
Foxconn Electronics is automating production at its factories in China in three phases…
