Apple supplier Foxconn seen cutting costs to cope with Chinese economy, slowing smartphone market

Apple's primary assembly partner, Hon Hai — better known as Foxconn — beat gross profit estimates for the June quarter, but in what may be a sign that the manufacturer cut costs to cope with weaker demand, a report said on Friday.

Roger Fingas 10 years ago 9

China's yuan devaluation could hurt Apple sales, boost supplier profits, analysts say

The Chinese government's decision to deliberately devalue the yuan on Tuesday could have a serious impact on sales of the iPhone and other Apple products, but under the right conditions prove a boon to suppliers like Hon Hai/Foxconn and Pegatron, analysts said.

Roger Fingas 10 years ago 26

Rumor: Apple 'cautious' in placing orders for late 2015 launch of 12.9" 'iPad Pro'

Suppliers are expected to begin providing components for a so-called "iPad Pro" in late September, but Apple is said to be taking a conservative approach in placing orders for its anticipated 12.9-inch touchscreen tablet.

Neil Hughes 10 years ago 29

Foxconn to handle bulk of manufacturing for Apple's 'iPhone 6s' & 'iPad Pro' this fall, insider says

Longtime Apple manufacturing partner Foxconn will handle the bulk of production for the company's next-generation iPhone, and will also be the sole manufacturer of the anticipated 12.9-inch iPad, both on track to launch this fall, according to well-connected analyst Ming-Chi Kuo.

Roger Fingas 11 years ago 16

Foxconn posts record first-quarter profits on strong sales of Apple's iPhone 6

Asian manufacturer Hon Hai — better known as Foxconn — on Friday reported its highest first-quarter profit growth in a decade with a 56 percent jump year-over-year, driven at least in part by strong sales of the iPhone 6 and iPhone 6 Plus.

Roger Fingas 11 years ago 6

Foxconn angers Brazilian officials with slow manufacturing ramp-up

Taiwanese contract manufacturer Foxconn, one of Apple's closest partners, is under fire in Brazil as officials in the South American nation are displeased with the company's slow rate of progress on what was initially sold as a major investment to modernize the Brazilian manufacturing industry.

AppleInsider Staff 11 years ago 15

Apple manufacturing partner Foxconn seeks to change villainous public perception

Long thought of as a soulless megacorp that treats workers as disposable cogs in its constantly-grinding machinery, Taiwanese contract manufacturer Foxconn — one of Apple's closest partners — granted a rare look inside its Shenzhen factory gates as it attempts to alter that perception.

AppleInsider Staff 11 years ago 43

Chinese iPhone and iPad trade-in program encounters weak public reception

Apple's just-launched Chinese iPhone and iPad trade-in program is already meeting with a tepid response in the country, particularly in light of the prices of new devices and higher trade-in values at third-party recycling companies.

Roger Fingas 11 years ago 11

Apple announces Chinese iPhone and iPad trade-in program

Apple iPhone and iPad owners living in Greater China are now able visit one of the country's 18 Apple Store locations to trade in their old hardware for store credit, which can subsequently be applied to a new device purchase.

Mikey Campbell 11 years ago 2

New $1.4B Japan Display plant slated to open in 2016, likely dedicated to Apple

Component manufacturer Japan Display on Friday officially unveiled plans for a new $1.4 billion display plant in central Japan, with Apple reportedly investing in the facility to secure supplies of advanced LCD panels for its products.

AppleInsider Staff 11 years ago 7

Apple suppliers TSMC, Foxconn announce record December revenues as iPhone sales soar

The iPhone's strong holiday sales helped two of Apple's biggest supply chain partners — Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry — post record monthly revenues in December, according to the companies' regulatory filings with the Taiwan Stock Exchange.

AppleInsider Staff 11 years ago 18

Foxconn investing $2.6B into new display factory that will exclusively supply Apple

Foxconn's Innolux will build a new $2.6 billion sixth-generation plant in Southern Taiwan to supply displays exclusively to Apple, after the iPhone maker made an "urgent" request, it was announced on Thursday.

Neil Hughes 11 years ago 55

Rumor: Foxconn to build 4.7" & 5.5" 'iPhone 6,' Wistron to assemble Apple's legacy 4" model

Apple is rumored to be finalizing its supply chain plans for this year's anticipated iPhone update, with longtime partner Foxconn unsurprisingly expected to receive the bulk of orders for the new, larger "iPhone 6."

Sam Oliver 12 years ago 80

Apple supplier Foxconn forced to shut Vietnam factory due to protests

Apple's chief manufacturing partner, Foxconn, has been forced to shut down its operations in Vietnam for three days due to anti-China protests over oil drilling.

AppleInsider Staff 12 years ago 36

Google's collaboration with Foxconn sheds light on robotics ambitions

According to a report on Tuesday, Google's Andy Rubin and Foxconn Chairman Terry Gou have been discussing cutting edge robotics technology, including an operating system built to run manufacturing machines.

AppleInsider Staff 12 years ago 73

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