Foxconn expanding in India with new $500 million investment
Apple's main iPhone manufacturer Foxconn is continuing to work on moving away from dependency on China, and has now invested half a billion dollars in India.
Apple's main iPhone manufacturer Foxconn is continuing to work on moving away from dependency on China, and has now invested half a billion dollars in India.
PC shipments in China fell overall in quarter three of 2022 due to weak commercial demand, but Apple's iPad held firm in the tablet category.
The FCC's Brendan Carr is continuing to press for TikTok to be removed from the App Store, and his latest tactic is writing to the Department of Justice to try to inspire antitrust actions.
Apple is working to speed up its shift of part of its supply chain out of China, with supply chain partners warned to plan for increases in assembly in India and Vietnam.
New research claims that one in four smartphones sold in China during October 2022 was an iPhone, with the iPhone 14 Pro Max being the country's best-selling device.
Senator Josh Hawley has written an open letter to Apple's Tim Cook, and amongst other topics, is accusing the company of helping China suppress free speech.
The latest COVID lockdown affecting iPhone manufacturer Foxconn has been lifted, following rioting by residents and workers.
Under pressure to keep up with iPhone production, Apple's lead manufacturer Foxconn, is offering bonuses of around $1,672 to workers who return to the plant.
Lead times for the iPhone 14 Pro orders have moderated slightly outside of China, but the ongoing COVID-related labor problems at the main iPhone factory are still a problem.
Following riots over pay, Apple's main iPhone manufacturer Foxconn has now offered $1,400 to protesters, conditional on resignation.
Samsung will supply RAM for iPhones intended for the Chinese market, instead of local supplier YMTC, as Apple continues to bow to pressure from the US.
With workers fleeing conditions at the Zhengzhou iPhone plant, and new recruitment falling far behind needs, Chinese state media says Foxconn has only two-third of the workforce it needs.
Apple's Chinese iPhone factory misfortunes will certainly impact shipments, says JP Morgan, but the full impact won't be known until the facility returns to normal output.
Foxconn is reportedly planning to greatly increase iPhone in India, quadrupling its workforce over the next two years.
Apple's 10-minute AirDrop setting time limit that it is testing in China will eventually expand to every user.
An unannounced change to AirDrop for users in China means Apple's iOS feature will no longer be as useful to protesters potentially sharing anti-government materials.
Apple's reduction in iPhone 14 production at Foxconn's Zhengzhou factory will hit revenue for the holiday quarter, says Morgan Stanley, but it also presents an opportunity for investors to "buy the dip."
Apple has grown so much in China over the last two years that its regional operating profit far exceeds the country's native tech giants, fueled by extensive diplomatic efforts.
A new report alleges that Foxconn downplayed the severity of its recent COVID-19 outbreak and that its actions led to a stricter lockdown.
Despite COVID-related supply chain issues and Apple warning of lower shipments of the iPhone 14 Pro, Wedbush insists that investors should maintain their holding in Apple.
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