Vietnam orders Foxconn, Luxshare to close factories over COVID outbreak
Apple suppliers Foxconn and Luxshare have been forced to shut down their factories in northern Vietnam, following a coronavirus increase in the region.
Apple suppliers Foxconn and Luxshare have been forced to shut down their factories in northern Vietnam, following a coronavirus increase in the region.
Foxconn is expecting the existing component shortage to worsen for the remainder of 2021, and it will ultimately impact consumer electronics giants like Apple and Samsung, with some parts already seeing back-orders into 2022.
Electronics manufacturer Foxconn, which makes Apple's iPhone 12 range, has reported earning over $1 billion in the first quarter of 2021, beating industry expectations.
India's latest COVID-19 outbreak is causing production issues for Apple assembly partner Foxconn, with worker infections causing iPhone 12 production to fall to less than half the usual level.
A pair of facilities in India operated by Apple supply chain partners Wistron and Foxconn were affected by COVID-19 in May, reports state, with a total of 13 employees confirmed to be infected.
Major iPhone 12 assembler Foxconn has increased its bonuses for staff on the production line, now offering a one-time $1,158 on top of salaries when workers meet certain conditions.
Apple iPhone assembler Foxconn has signed a new deal with the state of Wisconsin in which it will pay less than 10% of its original $10 billion commitment.
Foxconn parent company Hon Hai earned $47 billion in the first quarter of 2021, up 44% from last year, reportedly on demand from home workers buying iPhone 12 models.
The global semiconductor shortage wreaking havoc on industries across the globe could last until 2022 before supply begins to meet demand, though Apple could avoid the worst of it.
Apple contracting partner Foxconn saw a 4% decline in 2020's fourth quarter year-over-year, citing the widespread issues caused by the coronavirus pandemic as the primary reason.
Following reportedly unsuccessful talks with existing car manufacturers, Apple may be considering using existing suppliers, such as Foxconn, for the production of the "Apple Car."
Apple is preparing to move up to 10% of production for the iPhone 12 from China to India, reports claim, with assembly partner Foxconn said to be working on units for sale within the country and for the export market.
Electric vehicle manufacturer Fisker will join forces with Apple's main iPhone manufacturer Foxconn to produce more than 250,000 electric vehicles a year, starting in 2023.
Apple's major manufacturing suppliers in China are offering incentives to workers who agree not to go home for the traditional Lunar New Year in February because of the coronavirus.
Industry reports say that Pegatron is seeing reduced orders for the iPhone 12 mini, while Apple has charged Foxconn with making more of the iPhone 12 Pro series.
Foxconn is set to build a new factory to produce tablets and computers in Vietnam, which could be part of Apple's plan to widen its iPad and MacBook production lines outside of China.
Foxconn's parent company Hon Hai has beaten expectations with record increased earnings due to demand for Apple's 5G iPhone 12 range.
Apple supplier Foxconn has inked a deal with Chinese electric vehicle startup Byton to bring the latter company's first car to production in 2022.
A new report claims that Foxconn's foldable iPhone testing consisted of two entirely separate designs, and that both have passed the assembler's quality control checking.
Images dating back to 2007 have surfaced showing the production lines for Apple's first model of iPhone offer a hint of what it was like to assemble the first-ever version of the groundbreaking smartphone.
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