Terry Gou, the founder of Apple supplier Foxconn, could be moving closer to defining his U.S. expansion strategy…
Tag: Hon Hai
Apple would rather kill U.S. manufacturing if it could, but doing so would be political suicide
To this day, the Mac Pro remains one of the few products that Apple actually manufactures in the U.S…
Apple in talks to invest $1 billion in SoftBank tech fund
Apple Inc. has held talks about investing in a $100 billion fund being raised by Japanese internet…
Apple developing wind power in China in exchange for Foxconn’s U.S. expansion?
The world’s largest wind power turbine maker, Xinjiang Goldwind Science & Technology, announced a joint venture with Apple on wind power developments in China
Apple supplier Foxconn plans U.S. expansion amid President-elect Trump’s Made in America push
Foxconn Technology Group, which manufactures Apple Inc.’s iPhone and other products…
Apple supplier Foxconn eyes U.S. expansion as U.S. President-elect Trump woos Asian firms
An additional $7 billion investment and creation of a further 50,000 jobs…
President-elect Trump named TIME’s Person of the Year; tells Apple CEO Cook: ‘It’s my ambition to get Apple to build a great plant, your biggest and your best’
President-elect Donald Trump has been named “Person of the Year” by TIME Magazine, the 90th installment…
Softbank to invest $50 billion in the U.S., create 50,000 new tech jobs after meeting with President-elect Trump – and Apple supplier Foxconn is in on the deal
Softbank’s Masayoshi Son met with President-elect Donald Trump today and announced that he’ll be investing $50 billion dollars in the U.S. that will create 50,000 new tech jobs…
Apple iPhone production in the U.S.is actually straightforward and not expensive
There is a misconception that the reason most electronic devices are manufactured in China is because of low labor costs…
President-elect Trump tells Apple CEO Tim Cook that he’d like to see Apple make products in the U.S.
It’s a big thing, we’ll make the robots too. Right now we don’t make the robots. We don’t make anything. But we’re going to…
Could President Trump be the catalyst for an all-American iPhone?
On the back of every iPhone are engraved the words…
Apple could make iPhones in the U.S.A. under President Trump, sources say
Apple’s iPhones might one day soon carry “Made in America” labels…
President Trump’s Made-in-America hurdle: Asia
When Jabil Circuit Inc., the world’s third-largest contract manufacturer by revenue, needed to quickly ramp up production…
Apple assembler Foxconn now has 40,000 ‘Foxbot’ robots working at factories in China
The Foxconn Group has installed 40,000 robots for handling manufacturing jobs at a number of its plants in China…
Apple supplier Foxconn replaces 60,000 factory workers with robots
Thirty-five Taiwanese companies, including Apple’s supplier Foxconn, spent a total of 4 billion yuan…
Apple supply chain to start shipping next-gen iPhones at the end of Q3
The upstream supply chain is expected to begin shipping Apple’s upcoming next-generation iPhone products…
Apple suppliers ramp up hiring in preparation for iPhone 7 series
Apple’s top suppliers have started mass-hirings at least a month earlier than in previous years in which Apple has launched new iPhones…
Apple’s biggest China problem: iPhone’s strong encryption
It isn’t clear why China suspended iTunes and iBooks, but I’m betting on iPhone encryption as the key issue….
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…
Analyst: iPad Pro and Apple Pencil hit by production issues
Apple is seeing less than satisfactory output of iPad Pro’s massive 12.9-inch display…
Bank of Foxconn: iPhone assembler makes push into China financial services
Apple Inc.’s largest contract electronics manufacturer has quietly set up half a dozen financial services companies in China over the past year…
Hon Hai beats estimates as Apple forecasts record quarter
Revenue growth of 12 percent was Hon Hai’s strongest for the peak third-quarter period in five years…
Apple supplier battle ends in defeat for Foxconn as vote fails
Foxconn Technology Group failed in its bid to take a stake in a Taiwanese chip company after a bruising public battle…
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…
iPhone assembler Hon Hai shows slower sequential earnings growth as customers hold out for next-gen models
The Taiwan-based iPhone assembler said net profit for the three months ended June 30 was up 27% from a year earlier…
Apple’s iPhone 6/Plus powers Hon Hai to highest first-quarter profit growth in a decade
Strong demand for large-screen iPhones helped Apple Inc.’s major assembler…
Foxconn robots better, but still not precise enough to assemble Apple iPhones
Although Foxbots have been used in the company’s production line ever since June…
Hon Hai profit growth slows as poor Windows PC sales offset iPhone demand
Hon Hai, the largest company in billionaire Gou’s Foxconn Technology Group…
Pegatron expands capacity due to strong global demand for Apple’s iPhone 6/Plus
Apple assembler Pegatron is expanding iPhone 6/Plus production capacity…
Ralph Nader to Apple CEO Tim Cook: Pay other companies’ workers double and cut their hours in half
Ralph Nadar, a five-time failed U.S. presidential candidate, has sent an open letter…
Foxconn looks to build massive iPhone display factory in northern China
Foxconn, the company that assembles the bulk of the world’s iPhones, is discussing…
Apple orders whopping 50 million iPhone 6 units alone – not including iPhone 6 Plus – by year end
Strong demand for Apple’s iPhone 6 has boosted Pegatron Technology’s orders…
Foxconn’s CEO: iPhone 6 Plus ‘bendgate’ nothing more than FUD from competitors
This was all caused by distortions from competitors. Don’t blindly listen to it…
Foxconn CEO disappointed with current-gen iPhone-assembling robots; next-gen ‘Foxbots’ in the works
Foxconn – who is responsible for assembling the new iPhones – is failing to meet the high demand…