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Foxconn

Latest News

Apple buys Foxconn servers for testing its AI services

Apple's artificial intelligence work has now extended to it needing a series of servers for testing, and Foxconn is its exclusive supplier.

William Gallagher 2 years ago 15

Profits are still down but Foxconn expects bump from iPhone 15

Following a calamitous decline in profits for its first 2023 quarter, iPhone manufacturer Foxconn's recovery measures plus increasing demand have greatly helped the latest figures.

William Gallagher 2 years ago 0

Foxconn plans new $500 million investment in India

Apple's largest iPhone supplier Foxconn is intending to build two new plants in Karnataka, southern India, at a cost of half a billion dollars.

William Gallagher 2 years ago 0
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Foxconn buys Apple gear for its Indian operations

Even Foxconn has to buy Apple hardware sometimes and reportedly it's spent $33 million on equipment just for its expansion plans in India.

William Gallagher 2 years ago 3

Foxconn pulls out of $19.5 billion India chip joint venture

Apple iPhone manufacturer Foxconn has ended its planned joint venture with India's Vedanta company, an almost $20 billion project to boost chip production in the country.

William Gallagher 2 years ago 8

iPhone 15 inspiring massive hiring spree at Foxconn's largest plant

Apple supplier Foxconn is on a hiring spree for the factory that will produce the iPhone 15 and offering bonuses for former employees ahead of new iPhones in 2023.

Andrew Orr 2 years ago 3

India says Foxconn's new iPhone plant will open in April 2024

The Indian government has announced that it will release land to Foxconn in the southern India state of Karnataka, which will create 50,000 jobs when the planned iPhone plant opens.

William Gallagher 3 years ago 0

Foxconn raises joining bonuses in preparation for iPhone 15

Foxconn is offering sign-up bonuses to new employees at its Zhengzhou factory, in advance of its annual busy period when it mass-produces the next model of iPhone.

Malcolm Owen 3 years ago 1

iPhone 16 Pro Max assembly to go to Luxshare as Apple helps with India expansion

Luxshare could see significant growth through 2023 and 2024 as Apple helps it build production lines in India while also offering it iPhone 16 Pro Max production.

Wesley Hilliard 3 years ago 0

Foxconn starts work on building $500 million AirPods plant in India

Foxconn is making an investment of $500 million into new plants in India, a state IT minister tweeted, which will most likely be used in the production of AirPods for Apple.

Malcolm Owen 3 years ago 2

Foxconn has a grim outlook for the year as profits take a nosedive

Apple supplier Foxconn reported a 56% decline in first-quarter net profit, its biggest quarterly fall in three years, falling short of forecasts.

Andrew Orr 3 years ago 2

Foxconn purchased massive plots of land in India & Vietnam for new factories

Foxconn is expanding its production in India and Vietnam, with the Apple assembly partner acquiring large stretches of land in both countries.

Malcolm Owen 3 years ago 3

Foxconn Chengdu iPad factory is here to stay, insists chairman

Foxconn chairman Young Liu has reassured workers at its Chengdu factory that it is an "important" base of production, despite Apple's discussions on diversifying manufacturing away from China and into other countries.

Malcolm Owen 3 years ago 1

Apple headset factories rumored to be in 'final sprint' with WWDC announcement expected

Apple's supply chain is rumored to be in the final mass production preparatory stages of the long-rumored Apple AR headset, with a "final push" underway to finalize techniques and assembly procedures.

Mike Wuerthele 3 years ago 7

Apple & Foxconn amping up efforts for more labor reform in India

After success in one region, Apple is seeking more labor reforms across India to move more manufacturing out of China.

Andrew Orr 3 years ago 3

Foxconn paying more & getting less than expected with new India plant

Foxconn's previously announced new factory in Bengaluru, India, has now cleared local government approval — though at greater cost and with fewer jobs.

William Gallagher 3 years ago 0

Foxconn wins first AirPods order & will make them in India

Six years and six months since AirPods were launched, Apple's biggest supplier Foxconn will expand into India to make them.

William Gallagher 3 years ago 0

Even Foxconn says it's looking to move away from China

Apple supplier Foxconn reports that it is working to reduce its reliance on its parent firm's home country of China, and will diversify future production.

William Gallagher 3 years ago 45
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