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Topic: Foxconn

Foxconn says it will hire 50,000 in China amid claims of iPhone-related layoffs

01/22/2019, 09:01 am

Apple's main assembly partner, Foxconn, said on Tuesday that it's aiming to hire over 50,000 people across its Chinese factories during the first quarter, which may at least eliminate any worst-case scenarios in the aftermath of weak iPhone sales.

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Foxconn examining shift of iPhone assembly to India

01/22/2019, 08:01 am

Foxconn is examining an expansion into India to both skirt a potential US-imposed tariff, as well as to help Apple comply with Indian requirements to manufacture locally.

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Apple assembler Foxconn cuts 50,000 seasonal workers ahead of schedule

01/18/2019, 08:01 am

Apparently impacted by Apple's iPhone demand, some 50,000 seasonal workers have been dismissed from Foxconn since October, a report indicated on Friday.

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Apple assembly partner Foxconn says December revenues down, blames 'consumer category products'

01/10/2019, 09:01 am

Apple's primary assembly partner, Foxconn, said on Thursday that it saw revenues for the month of December drop 8.3 percent year-over-year, likely a reflection of weak iPhone demand.

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Foxconn might start manufacturing flagship iPhone models in India

12/27/2018, 08:12 am

Foxconn appears ready to double-down on existing efforts in India and add to Apple's manufacturing options, as it looks to grow iPhone production beyond just low-cost models outside of China.

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Apple manufacturer Foxconn not negotiating with Qualcomm over $9B royalties dispute

12/17/2018, 07:12 am

Foxconn is not in talks to settle an antitrust lawsuit it and other Apple assembly partners have leveled against Qualcomm, with its lawyers readying for a protracted legal battle.

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TSMC and Foxconn revenues up, contrary to dour iPhone supply chain forecasts

12/11/2018, 08:12 am

TSMC and Foxconn, two of Apple's major iPhone production partners, have reported street-beating revenue for November, casting some doubt on supply chain reports suggesting component suppliers are struggling following iPhone production cuts.

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iPhone assembler Pegatron may move to Indonesia over tariff fears

12/07/2018, 08:12 am

Apple's iPhone assembly partner Pegatron appears to be making a move to Indonesia to sidestep the US/China trade dispute, despite recent news of a truce.

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Foxconn mulls Vietnam move for iPhone production to avoid effects of U.S. tariffs

12/04/2018, 08:12 am

Apple assembly partner Foxconn is reportedly considering the possibility of setting up a new facility in Vietnam, a move that could potentially prevent the iPhone from being hit by tariffs created by the Trump administration in its ongoing trade war with China.

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Foxconn seeing 'difficult and competitive' 2019, slashing $2.9 billion in expenses

11/21/2018, 07:11 am

Foxconn is circulating a memo internally that says that it will be implementing a series of cost-cutting moves soon, to combat the effects of what it sees as being an difficult year for the company to continue to grow.

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Foxconn may transfer Chinese engineers to Wisconsin LCD plant due to difficult labor market [u]

11/06/2018, 09:11 am

Foxconn may transfer engineers from China to staff its under-construction facility in Wisconsin due to a lack of appropriate skilled labor in the area, with Apple's assembly partner keen to meet employment targets in order to retain $3 billion in state and local incentives.

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iPhone XR demand reportedly forcing Apple to cut production expansion plans

11/05/2018, 08:11 am

Apple, after seeing allegedly poor demand for the iPhone XR, has reportedly told assembly partners Foxconn and Pegatron to stop any preparations the firms are making for new smartphone production lines specifically for the recently-launched model.

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Apple shifts iPhone XR assembly orders from Pegatron to Foxconn

09/25/2018, 07:09 am

Apple is reportedly changing its orders for the iPhone XR with its assembly partners, with some production being shifted from Pegatron to rival Foxconn over alleged capacity and component sourcing issues.

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Share prices of Apple's suppliers in Asia hit following Trump tariff tweet

09/10/2018, 09:09 am

Share prices of Apple's suppliers in Asia slipped on Monday, after U.S. President Donald Trump tweeted in response to Apple's letter to the U.S. Trade Representative about the proposed Chinese tariffs, with the President calling a shift in production from China to the United States an "easy solution."

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Record high 2018 iPhone shipments expected to boost TSMC, Foxconn bottom line

08/28/2018, 07:08 am

Apple chip producer TSMC and assembly partner Foxconn are expected to announce record revenue figures in its fourth quarter financial report later this year, after a report claims shipments of the next generation of iPhones will be the best since the launch of the iPhone 6.

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Foxconn taking charge of vast majority of iPhone production this fall

08/13/2018, 12:08 pm

Foxconn will not only manufacture every second-generation, 5.8-inch OLED iPhone -- sometimes dubbed the "iPhone XS" -- but 90 percent of 6.5-inch "XS Plus" units, and 75 percent of a 6.1-inch LCD budget model, according to one research firm.

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Apple manufacturer Foxconn sees second quarterly fall, unlikely connected to iPhones

08/13/2018, 11:08 am

Foxconn posted disappointing net profits for the June quarter on Monday, though the results may not be directly connected to its biggest client, Apple.

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Ground broken on Foxconn's first US factory, rumored to supply iPhone screens for Apple

06/29/2018, 08:06 am

Foxconn chairman Terry Gou was joined by U.S. President Donald Trump, House Speaker Paul Ryan and others on Thursday as the company broke ground at a future factory in Mount Pleasant, Wis., which could potentially be turned to helping Apple.

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Podcast discusses 2018 iPhones, the iPhone 6s rebirth, and Foxconn in Wisconsin

06/29/2018, 08:06 am

This week on the AppleInsider Podcast, Victor and Andrew O'Hara discuss the new 2018 iPhone rumors, iPhone 6s production in India, and Foxconn's factory in Wisconsin. We also give a preview about some multi-room speaker systems Andrew is reviewing.

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Foxconn's Wisconsin deal riskier for taxpayers than originally thought

06/27/2018, 09:06 am

Foxconn's upcoming $10 billion display factory in Wisconsin is more lucrative to the Apple supplier than first thought, with state and municipal sweeteners adding almost an extra $1 billion in benefits above an existing incentive package worth $3 billion, increasing the burden on taxpayers.

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