Foxconn's chairman, Terry Gou, said on Wednesday that he's running to become President of Taiwan, a move that could trigger political and economic waves including at Apple.

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Foxconn CEO Terry Gou has positively affirmed that the company will start up its production lines for the iPhone in India, but which models will be built there isn't clear.

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Long-time Foxconn CEO Terry Gou has announced that he will step down from his post as the head of Apple's largest manufacturing partners.

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Foxconn will be commencing commercial production of the iPhone X in India from July, according to a report, with manufacturing of the high-specification model following the iPhone SE, iPhone 6S, and iPhone 7 in being assembled for the local market to save on import fees.

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Foxconn's vaunted Wisconsin facilities, backed by U.S. President Donald Trump, have so far amounted to "a bunch of empty buildings and a lot of questions," an investigation indicates.

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India manufacture may soon not be limited to just the low-end of the iPhone line, as Foxconn appears ready to start manufacturing the iPhone X at its Chennai facility.

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Apple's core assembly partner, Foxconn, saw net profits drop 12.6 percent in the fourth quarter, a figure almost certainly linked to declining iPhone sales.

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A number of Apple suppliers such as Largan and TSMC are diversifying orders amid declining iPhone sales, a supply chain report claimed on Monday.

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Apple has released its 13th Supplier Responsibility Progress report, and has noted that all final assembly sites for iPhone, iPad, Mac, Apple Watch, AirPods, and HomePod are now certified Zero Waste to Landfill, conserving billions of gallons of water and reducing greenhouse gas emissions.

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Foxconn is feeling the pinch from the reduced sales of iPhones in Greater China, with reports of a culling of employee benefits and salaries, as well as mass resignations, coming out of the Apple assembly partner's largest facility used for iPhone production.

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Foxconn's $10 billion facility in Wisconsin will handle both manufacturing and research, the company said on Friday, trying to staunch controversy over statements it made earlier this week.

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Apple manufacturing partner Foxconn is re-evaluating what it wants to do with its location in Wisconsin and is saying that the site will be more research-oriented than a manufacturing boom for the region.

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Sharp is seeking to enter the iPhone supply chain for models using an OLED display, a report claims, with the Foxconn-owned firm among other vendors expecting to enjoy a boom in OLED panel production and shipments throughout 2019.

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Apple's main assembly partner, Foxconn, said on Tuesday that it's aiming to hire over 50,000 people across its Chinese factories during the first quarter, which may at least eliminate any worst-case scenarios in the aftermath of weak iPhone sales.

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Foxconn is examining an expansion into India to both skirt a potential US-imposed tariff, as well as to help Apple comply with Indian requirements to manufacture locally.

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Apparently impacted by Apple's iPhone demand, some 50,000 seasonal workers have been dismissed from Foxconn since October, a report indicated on Friday.

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Apple's primary assembly partner, Foxconn, said on Thursday that it saw revenues for the month of December drop 8.3 percent year-over-year, likely a reflection of weak iPhone demand.

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Foxconn appears ready to double-down on existing efforts in India and add to Apple's manufacturing options, as it looks to grow iPhone production beyond just low-cost models outside of China.

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Foxconn is not in talks to settle an antitrust lawsuit it and other Apple assembly partners have leveled against Qualcomm, with its lawyers readying for a protracted legal battle.

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TSMC and Foxconn, two of Apple's major iPhone production partners, have reported street-beating revenue for November, casting some doubt on supply chain reports suggesting component suppliers are struggling following iPhone production cuts.

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