Foxconn has denied a Tuesday report claiming it was canceling investment in India valued at $5 billion, one that alleged there was an internal dispute between the iPhone assembly partner and Apple itself.
Japan Display has reached out to both Apple and Sharp Corp in hopes of selling off its main smartphone screen factory in hopes to settle its massive debt.
Apple assembly partner Foxconn is reportedly investigating claims its employees have conducted fraud using iPhone components, by selling iPhones with parts that were deemed defective and were expected to be destroyed.
After Foxconn violated Chinese labor laws in regards to temporary worker volume, Apple has investigated and is working to resolve the situation.
China has not just asked state-owned business to stop buying American agriculture, but it has also devalued its own currency to counter President Donald Trump's 10% tariff threat on $325 billion in electronics — and it is having a profound impact on Apple's stock and that of its suppliers.
Apple assembly partner Foxconn is reportedly considering the sale of an $8.8 billion display panel factory in China in reaction to the ongoing U.S.-China trade war.
In the latest chapter of the ongoing trade war, President Donald Trump has threatened to levy a 10% tariff on electronics from China, including most of Apple's product line, in retaliation for moves by the Chinese government.
Apple's iPhone manufacturer is recruiting for more staff and is also offering cash rewards to keep existing employees ahead of ramping up production for the three models expected to be released this year.
Indian-made versions of the iPhone XS and XR should launch in India this August, a report claimed on Thursday.
Apple has begun exporting India-made iPhones to parts of Europe in a move beneficial to both Apple and India as a whole.
Foxconn will launch its controversial Wisconsin factory in May 2020, Governor Tony Evers said this week, but the display and network hardware facility will only start up with 1,500 jobs.
Terry Gou, Foxconn's founder, has asked Apple to move production plants out of China and into neighboring Taiwan, in hopes of avoiding tariffs imposed by the Trump administration.
A special team within Apple has been tasked with investigating the costs of moving between 15% and 30% of iPhone, iPad and AirPod to other countries in order to reduce the impact of US/China tariffs.
Foxconn has told investors that it has the capacity to produce iPhones for the American market without using its Chinese facilities, potentially skirting possible US/China trade tariffs.
According to the U.S. Labor Department, Apple supplier Foxconn is still having problems meeting promised hiring goals, and has laid off 155 employees in Indiana, moving the positions to Mexico.
Apple's primary assembly partner Foxconn has issued a vague statement, suggesting that the company is expecting fortunes to improve when Apple launches its 2019 iPhones.
Foxconn saw sales rise year-over-year in the March quarter by 2.5 percent, but profits fall 17.7 percent, in what's believed to be a sign of lowered demand among major clients beyond just Apple.
This week on the AppleInsider Podcast, Victor and William talk about Super Micro moving manufacturing out of China, Foxconn's adventures in Wisconsin, and Victor interviews Geert Bevin of Moog about interface design.
Terry Gou, the CEO of Apple assembly partner Foxconn and candidate for the presidency of Taiwan, has met with President Donald Trump on his visit to the United States, ahead of a visit to the controversial project in Wisconsin to build new facilities.
There's no sign yet of Foxconn's $10 billion plant, or the 13,000 local jobs it was supposed to provide, but wide swaths of Wisconsin's Mount Pleasant town have been very nearly totally demolished in preparation for the promised factory.
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Malcolm Owen
Amber Neely
William Gallagher
Mike Wuerthele and Malcolm Owen
Roger Fingas
Mike Wuerthele
Victor Marks
