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Foxconn

Latest News

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

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.

Malcolm Owen 7 years ago 9

Foxconn taking charge of vast majority of iPhone production this fall

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.

Roger Fingas 7 years ago 1

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

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

Roger Fingas 7 years ago 8
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Podcast

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

Victor Marks 7 years ago 0

Foxconn's Wisconsin deal riskier for taxpayers than originally thought

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.

Malcolm Owen 7 years ago 56

Apple & Bain complete $18B acquisition of Toshiba memory chip unit

The purchase of beleaguered Toshiba's memory group, long in limbo, is now complete, with Apple joining Bain, Dell, Seagate, and others to seal the deal.

Stephen Silver 8 years ago 17

Foxconn smartgear unit IPO seeks to break financial addiction to Apple's iPhone

Foxconn is aiming at a $4.3 billion initial public offering for Foxconn Industrial Internet, a manufacturing arm specializing in things like servers and IoT accessories.

Roger Fingas 8 years ago 4

Foxconn's Wisconsin plant could make Apple iPhone and Mac displays after all

Originally intended to churn out larger displays for products like TVs, Foxconn's upcoming $10 billion Wisconsin factory may actually turn to making small- to medium-sized panels for the likes of Apple and automakers in a bid to cut costs, a report claimed on Wednesday.

Roger Fingas 8 years ago 8

Foxconn profits ride high on iPhone X, dispelling worries about Apple's sales

Apple assembly partner Hon Hai — better known as Foxconn — has posted net income of $2.5 billion for the December quarter, reportedly linked to strong orders and consequent sales of the iPhone X.

Roger Fingas 8 years ago 29

Apple supplier Foxconn buys Belkin, Linksys, Wemo for $866M

A subsidiary of longtime Apple supply partner Foxconn on Monday announced the acquisition of popular accessory maker Belkin, which also owns Linksys, Phyn and Wemo brands, for approximately $866 million.

Mikey Campbell 8 years ago 23
Video: Apple gets ready to ship HomePod after month-long delay

Video: Apple gets ready to ship HomePod after month-long delay

The HomePod was previously scheduled to hit the market before the end of last year, but Apple issued a statement in November saying it needed more time before the product is ready for customers, giving it an "early 2018" release date.

Vadim Yuryev 8 years ago 54

Apple's first million HomePods now shipping from Inventec - report

Having missed an original December launch date, the HomePod is finally rolling off the production lines of one of two assembly partners, Inventec, a report said this week.

Roger Fingas 8 years ago 64

Apple apparently shifting more MacBook orders to Foxconn with no plans for a major update in 2018

In a report from DigiTimes alleging Apple is sending more of its MacBook Pro orders to assembly partner Foxconn, it is also suggests Apple is not planning a major update to the notebook line in 2018 at all, though the claim does not completely discount potential changes to the line altogether.

Malcolm Owen 8 years ago 25

Apple Watch Series 3 shipments predicted to rise to 23-25M in 2018

Shipments of the Apple Watch Series 3 could rise as much as 20 percent next year to between 23 and 25 million units, according to new industry predictions.

Roger Fingas 8 years ago 17

Foxconn puts halt to illegal overtime at iPhone X plant

Apple supplier Foxconn in a statement on Thursday said it has stopped high school interns from working overtime at an iPhone plant in China, a practice that violates the country's labor laws.

Mikey Campbell 8 years ago 19

Foxconn accused of using illegal student labor to build Apple's iPhone X

Apple's main assembly partner, Foxconn, has been demanding illegal overtime from high school interns in its production of the iPhone X, a report charged on Tuesday.

Roger Fingas 8 years ago 13

Foxconn profits plummet 39% following iPhone X production woes

Apple manufacturing partner Foxconn this week posted a 39 percent year-over-year decrease in net profit, losses that industry watchers attribute to the difficult-to-assemble iPhone X, which remains in limited supply.

Neil Hughes 8 years ago 12

Key Apple & Foxconn executives to meet amid iPhone X production woes

Apple COO Jeff Williams will reportedly be meeting with Foxconn chairman Terry Gou when he visits Taiwan later this month, where he's expected to bring up the topic of production bottlenecks possibly hurting the iPhone X.

Roger Fingas 8 years ago 20
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