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.
Apple's Mac orders with suppliers have remained constant, and are expected to increase overall during the second half of the year, heading into the lucrative holiday shopping season, according to a new rumor out of Apple's supply chain.
Pegatron saw annual net profits rise 53.4 percent to $466.8 million U.S. in 2014, according to a quarterly results announcement made on Monday, boosted by a growing share of the Apple's supply chain including the hugely popular iPhone 6.
In response to a BBC investigation alleging mistreatment of workers at one of its factories, Apple partner Pegatron has vowed to look into the matter and implement any necessary improvements.
In the wake of the collapse of sapphire maker GT Advanced Technologies, longtime members of Apple's supply chain have characterized the iPhone maker as a tough but fair partner who offers component makers a chance at success, provided they take proper precautions.
Apple is said to be looking to expand its supply chain and possibly have partner Pegatron built iPhone 6 Plus units, as the company continues to struggle to keep up with overwhelming demand for its latest smartphones.
Pegatron, the main assembler for both the iPhone 5c and iPad mini, saw its earnings grow 22 percent in the first quarter, potentially signaling strong sales of Apple's low-end iOS devices.
In the midst of a scandal surrounding the death of a 15-year-old employee at one of the company's Shanghai factories, Apple manufacturing partner Pegatron has revealed that it uses advanced facial recognition technology to ensure workers are who they say they are.
Following the death of a 15-year-old Pegatron worker who falsified documents related to his age, Apple dispatched its own medical experts to the factory in question to conduct an investigation, and came to the conclusion that the boy's death was not related to working conditions.
The recent unexplained deaths of 'at least five' workers — including a 15-year-old-boy — employed at mainland Chinese factories owned by contract manufacturer Pegatron have once again shone a spotlight on labor practices at the OEM.
The launch of the iPhone 5c helped push Pegatron to record revenues last quarter, but pressure on margins and rumors of alleged order cuts for Apple's new plastic-backed handset have caused concern for the supplier.
Apple on Monday issued a statement promising to look into claims that its supplier Pegatron has been requiring employees to work excessive hours without adequate compensation.
A new plastic iPhone is currently being tested Apple supplier Pegatron, and will soon go into mass production and hit the market, one factory worker claims.
An Apple supplier is once again in the crosshairs of the China Labor Group, a New York-based labor rights watchdog that now alleges wage and safety violations at multiple plants owned by iPhone and iPad partner manufacturer Pegatron.
Speaking at his company's shareholders meeting on Thursday, Pegatron CEO T.H. Tung said Apple's much rumored low cost iPhone won't be a budget offering, seemingly confirming speculation that the handset will be sold as a higher-end middle tier device.
Apple is reported to be bolstering ties with partner supplier Pegatron, while at the same time lessening its reliance on manufacturing monolith Foxconn, which up to now has been responsible for producing a bulk of the Cupertino company's devices.
While a report about Apple supplier Pegatron this week claimed demand for the iPad mini has been softening, the company's CEO has revealed in a follow-up that he said nothing of the sort.
Demand for Apple's iPad mini may be slackening, as a major component supplier for the small tablet has forecast a considerable drop in its revenue.
Apple reportedly plans to build a more affordable iPhone model this August alongside launch a new world mode "iPhone 5S" featuring compatibility with China Mobile, the largest carrier in the world.
Pegatron has reportedly landed orders for Apple's next-generation iPhone, rumored to launch in September, while Foxconn will allegedly manufacture a new 7-inch iPad arriving in August.
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Roger Fingas
Katie Marsal
Neil Hughes
Shane Cole
AppleInsider Staff
Mikey Campbell
Kevin Bostic
Sam Oliver
