Apple's Jeff Williams is in Taiwan for Foxconn's 50th anniversary
Apple Chief Operating Officer Jeff Williams has traveled to Taiwan, on a trip to mark the 50th anniversary of Foxconn.
Apple Chief Operating Officer Jeff Williams has traveled to Taiwan, on a trip to mark the 50th anniversary of Foxconn.
Apple's largest manufacturer says that Q4 2023 revenues for all of its business, including the iPhone, declined 5.4% year on year, and that it believes a slowing demand will also impact Q1 2024.
New research says that Apple's suppliers including iPhone manufacturer Foxconn have invested $16 billion since 2018, in an increasing plan to move or reshore manufacturing away from over-reliance on China.
The Indian government announced this week approval of Foxconn's plan to invest an additional $1 billion in a manufacturing plant expected to produce the iPhone.
Apple supplier Foxconn is struggling to get its factories in India to operate efficiently, with employees citing language barriers, culture clashes, and difficulty adapting to strenuous schedules.
Foxconn is doubling its investment in India with a further $1.54 billion going to a further manufacturing plant that is expected to produce iPhone.
Apple supplier Foxconn is falling behind in its decarbonization efforts, a Greenpeace report asserts, with the supply chain partner producing the highest level of emissions of final assembly companies.
Noted analyst Ming-Chi Kuo said Wednesday that Apple will double iPhone production in India through 2024.
Chinese authorities say their tax and land use probe into iPhone maker Foxconn is unrelated to forthcoming elections, but then cautions firms over "social responsibilities."
Foxconn founder Terry Gou's rival in the Taiwanese elections says China should "cherish" the iPhone assembler, and not try to pressure the firm during an election.
Apple iPhone manufacturer Foxconn says it will cooperate fully with investigations into its business by China's tax authorities.
A profile of Apple's major iPhone factory in India's Sriperumbudur shows the rapid expansion of the facility, and despite recovering from one set of problems, there are still poor working conditions that need to be addressed.
Billionaire Foxconn founder Terry Gou is running for president of Taiwan, and says he "will not bow to China's threats," as any political pressure would disrupt sales to Apple, Tesla, and others.
Foxconn's parent company Hon Hai says it expects iPhone and other smartphone sales to contract overall in 2023, following its latest earnings report.
Apple's artificial intelligence work has now extended to it needing a series of servers for testing, and Foxconn is its exclusive supplier.
Following a calamitous decline in profits for its first 2023 quarter, iPhone manufacturer Foxconn's recovery measures plus increasing demand have greatly helped the latest figures.
Apple's largest iPhone supplier Foxconn is intending to build two new plants in Karnataka, southern India, at a cost of half a billion dollars.
Foxconn rival Luxshare is believed to be the sole assembly partner for the Apple Vision Pro headset, and a new report says its flexibility in prototyping earned it the order.
Even Foxconn has to buy Apple hardware sometimes and reportedly it's spent $33 million on equipment just for its expansion plans in India.
Apple iPhone manufacturer Foxconn has ended its planned joint venture with India's Vedanta company, an almost $20 billion project to boost chip production in the country.
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