Coronavirus forcing isolation of factory workers, cut in Foxconn growth estimates

As a result of the Coronavirus, Foxconn will quarantine returning workers for up to two weeks — and admits that it won't quite be able to assemble as many devices — including iPhones — in the quarter.

Mike Wuerthele 6 years ago 4

iPhone production will see major impact if China factory halt continues

Production of the iPhone could be disrupted by the coronavirus outbreak if things get much worse, with Apple assembly partner Foxconn reportedly halting the majority of its production in China until February 10.

Malcolm Owen 6 years ago 31

Foxconn says coronavirus will not impact manufacturing, Apple has alternatives ready

Apple manufacturing partner Foxconn on Tuesday said provisions have been made to meet production obligations in China as the region faces a deadly coronavirus outbreak, a situation the iPhone maker is closely monitoring.

Mikey Campbell 6 years ago 19

Foxconn pledges 2020 production in troubled Wisconsin factory

Foxconn will be getting its Wisconsin factory up and running in 2020, company chief Terry Gou has promised, insisting the Apple assembly partner will start mass production at the troubled facility at some point this year, despite its slow progress.

Malcolm Owen 6 years ago 13

Foxconn says it's not withdrawing its $5B investment in India

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.

Malcolm Owen 6 years ago 0

Japan Display exploring sale of smartphone factory to Apple for $820M

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.

Amber Neely 6 years ago 15

Foxconn investigating $43M fraud ring involving faulty iPhone parts

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.

Malcolm Owen 6 years ago 8

Foxconn used five times more temp workers than permitted for 'iPhone 11' assembly surge

After Foxconn violated Chinese labor laws in regards to temporary worker volume, Apple has investigated and is working to resolve the situation.

William Gallagher 6 years ago 52

Apple stock getting hammered on renewed China trade war fears

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.

Mike Wuerthele and Malcolm Owen 6 years ago 0

Foxconn may sell newly-founded $8.8B Chinese display factory

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.

Roger Fingas 6 years ago 7

President Trump threatens 10% tariff on $325B of electronics starting Sept. 1

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.

Mike Wuerthele 6 years ago 0

Foxconn now hiring extra staff to produce 'iPhone 11'

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.

William Gallagher 6 years ago 1

India-made iPhone XS & iPhone XR models will be sold locally in August

Indian-made versions of the iPhone XS and XR should launch in India this August, a report claimed on Thursday.

Roger Fingas 6 years ago 3

Apple begins shipping India-made iPhones to European markets

Apple has begun exporting India-made iPhones to parts of Europe in a move beneficial to both Apple and India as a whole.

Amber Neely 6 years ago 10

Foxconn's Wisconsin factory starting production in May 2020 with just 1,500 jobs

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.

Roger Fingas 6 years ago 33

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