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Foxconn

Latest News

Foxconn could resume full iPhone production by early January

Apple's major iPhone supplier Foxconn says that it is getting production back to normal following COVID lockdown and workers rioting.

William Gallagher 3 years ago 7

Apple may see $8 billion holiday revenue drop over iPhone delays

Investment bank Piper Sandler expects Apple and Foxconn to catch up with iPhone 14 Pro production in December, but will still fall short by around nine million iPhones.

William Gallagher 3 years ago 6

China lifts lockdown on Foxconn's iPhone plant in Zhengzhou

The latest COVID lockdown affecting iPhone manufacturer Foxconn has been lifted, following rioting by residents and workers.

William Gallagher 3 years ago 31
iPhone 17e iPhone 17 M5 Macbook Air Mac Studio MacBook Air Deals MacBook Pro Best VPN for Mac AirPods iPad Mac mini

Struggling for workers, Foxconn is giving ex-workers incentives to rejoin

Under pressure to keep up with iPhone production, Apple's lead manufacturer Foxconn, is offering bonuses of around $1,672 to workers who return to the plant.

William Gallagher 3 years ago 4

iPhone 14 Pro production down by 6 million after Foxconn protests

Protests over Covid restrictions at Foxconn plants and the slow resumption of builds could result in six million fewer iPhone 14 Pro units made in 2022.

Wesley Hilliard 3 years ago 3

Foxconn paid 20,000 rioting workers to leave the company

Following riots over pay, Apple's main iPhone manufacturer Foxconn has now offered $1,400 to protesters, conditional on resignation.

William Gallagher 3 years ago 29

Hundreds riot at Foxconn iPhone plant over terrible conditions

Workers rioting at Foxconn's main iPhone factory in Zhengzhou have clashed with police as windows and surveillance cameras have been smashed.

William Gallagher 3 years ago 16

Foxconn pauses hiring spree over lack of quarantine space

Chinese Apple supplier Foxconn needs 100,000 new workers to get back to full capacity, but the four-day quarantine requirement has forced hiring to pause for now.

Wesley Hilliard 3 years ago 4

Foxconn needs 100,000 more workers at its Zhengzhou iPhone plant

With workers fleeing conditions at the Zhengzhou iPhone plant, and new recruitment falling far behind needs, Chinese state media says Foxconn has only two-third of the workforce it needs.

William Gallagher 3 years ago 8

China asks retired military to fill posts at Foxconn's iPhone factory

Faced with Foxconn struggling to resume full iPhone production after local COVID measures, China is asking ex-forces retirees to step in.

William Gallagher 3 years ago 16

Foxconn to quadruple iPhone factory workforce in India

Foxconn is reportedly planning to greatly increase iPhone in India, quadrupling its workforce over the next two years.

William Gallagher 3 years ago 13

iPhone 14 COVID production hit will batter Foxconn's earnings

The largest iPhone manufacturer, Foxconn, has revealed that China's coronavirus lockdown measures have severely hit its earnings estimates and expected revenue growth.

William Gallagher 3 years ago 2

Foxconn reportedly downplayed severity of recent COVID outbreak

A new report alleges that Foxconn downplayed the severity of its recent COVID-19 outbreak and that its actions led to a stricter lockdown.

Andrew Orr 3 years ago 27

Wedbush: iPhone factory's COVID issues not a reason to sell Apple stock

Despite COVID-related supply chain issues and Apple warning of lower shipments of the iPhone 14 Pro, Wedbush insists that investors should maintain their holding in Apple.

Malcolm Owen 3 years ago 2

Apple breaks silence on iPhone 14 Pro impact from COVID

Apple has finally confirmed that the Foxconn assembly facility in Zhengzhou, China responsible for iPhone 14 Pro production has reduced its output following a regional COVID-19 outbreak.

Malcolm Owen 3 years ago 29

Foxconn to dodge China lockdown, move iPhone production to India

Analyst Ming-Chi Kuo claims that Foxconn is to step up its iPhone production in India, specifically to overcome delays caused by China's COVID lockdowns.

William Gallagher 3 years ago 6

China imposes new week-long lockdown on Foxconn over COVID-19

China has ordered a seven-day lockdown in Zhengzhou, home to a major Foxconn factory, after a COVID-19 outbreak swept through the industrial park.

Andrew Orr 3 years ago 1

Foxconn quadruples bonuses to keep staff at COVID-hit iPhone factory

In the wake of reports of employees fleeing Foxconn's biggest iPhone factory, the assembly partner has significantly raised pay for staff who are choosing to accept the closed-loop measures during a COVID outbreak.

Malcolm Owen 3 years ago 1
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