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Tag: Foxconn


News and Press

Apple and Foxconn successfully lobby for more relaxed labor laws in India

March 10, 2023

Via: 9to5Mac

Apple and its supply chain partner Foxconn have successfully lobbied for labor changes in India as Apple continues to shift more production into the country. According to a report from the Financial Times, these changes increase the number of hours […]


News and Press

AAPL lost a trillion dollars this year as iPhone shipments forecasted to drop into 2023

December 28, 2022

Via: 9to5Mac

Apple ran into challenges with iPhone 14 – particularly the Pro and Pro Max – this fall when a COVID-19 outbreak in China impacted its manufacturing partner Foxconn. Now the company’s stock has hit a 52-week low amounting to one […]


News and Press

iPhone production crisis in China will see Foxconn quadruple workforce in India

November 11, 2022

Via: 9to5Mac

The iPhone production crisis in China has led Foxconn to announce plans to quadruple its workforce in India. The move will not, however, solve the immediate problem. While Apple and its suppliers have been working for years on reducing the […]


News and Press

iPhone maker Foxconn reports that March revenue is 60% up

April 8, 2020

Via: Phone Arena

According to DigiTimes, the notorious electronics manufacturer has reported a rise in revenue for March 2020, equating to 59.9%. After having to stop most of its production during the initial breakout of coronavirus in China, Foxconn has been steadily going […]


News and Press

Foxconn’s biggest iPhone plants: one banned from reopening, second 10% staffed

February 10, 2020

Via: 9to5Mac

The impact of the coronavirus on Apple suppliers continues into a second week, with Foxconn’s biggest iPhone plants severely hit. One plant has been banned from re-opening by the government, while only 10% of the company’s workforce has turned up […]


News and Press

iPhone maker Foxconn tells Shenzhen staff not to return to work

February 7, 2020

Via: The Verge

iPhone manufacturer Foxconn has told employees at its Shenzhen HQ not to return to work on February 10th as planned, but to await further instruction, Bloomberg reports. Meanwhile, a Foxconn subsidiary has refitted production lines in Shenzhen to make medical […]


iPhone, News and Press, Products

iPhone maker Foxconn will stay shut in China for another week at least

February 4, 2020

Via: The Verge

Foxconn has stopped “almost all” of its production in China until February 10th at the earliest due to the coronavirus outbreak, according to both Reuters and Bloomberg. A lengthy stoppage could substantially disrupt Foxconn clients, the most visible being Apple, […]


News and Press

Apple, Foxconn acknowledge relying on temporary workers in China too much

September 9, 2019

Via: CNET

Apple and Foxconn said they employed too many temporary workers in Chinese facilities where iPhones are manufactured after a watchdog accused them of violating several labor laws, according to Bloomberg. The report came on Monday, a day before Apple is […]


iPhone, Products

All US iPhones could be made outside of China if needed, says Foxconn

June 11, 2019

Via: The Verge

A senior Foxconn executive says that the company could move production of all iPhones destined for the US out of China if the current trade war demands it. In comments reported by Bloomberg and The Wall Street Journal, the head […]


News and Press

Foxconn reportedly developing micro-LED technology for future Apple iPhones

April 30, 2019

Via: 9to5Mac

According to a report from Economic Daily News, iPhone assembly giant is expanding its investments in micro-LED screen manufacturing with an eye to capture orders for future iPhones. Micro-LED is generally seen as a superior display panel to OLED displays, […]


News and Press

Apple will reportedly start assembling its premium iPhone models in India

December 27, 2018

Via: The Verge

Apple is set to start building its high-end iPhone models in India in early 2019, with the company partnering with the local branch of Foxconn (which already handles a huge chunk of Apple’s existing iPhone manufacturing), according to a report […]


News and Press

Foxconn quarterly profit falls by 40% due to iPhone X production delays

November 14, 2017

Via: 9to5Mac

Foxconn reported its largest year-over-year earnings decline in a decade because of the initial iPhone X production problems. Via Bloomberg, Hon Hai Precision Industry Co. (Foxconn) profits fell to $700 million in calendar Q3, a 40% decline compared to the […]


News and Press

Foxconn joining roster of Apple Watch suppliers, may be looking for assembly orders

November 6, 2017

Via: 9to5Mac

Foxconn will be supplying System in Package (SiP) for the Apple Watch from next year though its affiliate ShunSin Technology, according to a supply-chain report … Digitimes also reports that Foxconn may be seeking Apple Watch assembly orders. Quanta Computer […]


News and Press

Foxconn to build new R&D center in Michigan focused on self-driving & AI

August 28, 2017

Via: 9to5Mac

After announcing a new factory headed to Wisconsin last month, Foxconn today has revealed plans for a research and development plant in Michigan. According to the South China Morning Post, Foxconn’s new plant will be “multibillion-dollar” in size and scope… Whereas the […]


Gadgets, Products

HomePod supply will likely be extremely limited at launch, Foxconn to ramp up 2018 production

August 15, 2017

Via: Pocket Now

In addition to answering more questions about an unreleased iPhone than we ever thought possible, Apple’s Amazon Echo-contending HomePod will probably make headlines of its own over the next few months as it closes in on a still-distant December rollout. Reportedly manufactured by Taiwan-based ODM Inventec […]


News and Press

iPhone manufacturer Foxconn reportedly considering new plant in Wisconsin

June 16, 2017

Via: 9to5Mac

United States manufacturing has been a hot button issue as it relates to Apple over recent months. President Trump has said that the company has its “eyes open” to the possibility and now, a new report from the Associated Press […]


News and Press

Foxconn joins forces with Apple and Amazon to make Toshiba an unrefusable offer for its memory chips

June 5, 2017

Via: Pocket Now

One of the most complicated, potentially costliest tech business deals in recent memory is still far from completed, though one interested bidder continues to aggressively push for a happy, mutually beneficial ending using its impressive industry connections and friendships. Forget […]


News and Press

These are the six companies that depend on Apple for half to three-quarters of their sales

April 14, 2017

Via: 9to5Mac

We saw recently the impact on the share price of Imagination Technologies when Apple announced that it expected to stop using the company’s GPU tech within two years. The stock plummeted by 70%, reducing its market valuation by hundred of millions […]


News and Press

A key Apple supplier saw its profit explode (APPL)

March 31, 2017

Via: Bussinessinsider

Taiwan’s Foxconn, the world’s largest contract electronics maker and a key Apple Inc supplier, on Friday reported 30 percent growth in fourth quarter net profit from a year ago, defying expectations for a decline. The profit was likely to have […]


Gadgets

Foxconn replaces 60,000 factory workers with robots

May 27, 2016

Via: NextBigFuture

One factory has “reduced employee strength from 110,000 to 50,000 thanks to the introduction of robots”, a government official told the South China Morning Post.  Xu Yulian, head of publicity for the Kunshan region, added: “More companies are likely to […]