Foxconn

By MacRumors Staff

Foxconn Articles

iPhone Assembler Foxconn Posts Near 90% Drop in First Quarter Profit

Friday May 15, 2020 3:48 am PDT by
Apple's main iPhone assembler Foxconn posted an almost 90 percent drop in first-quarter profit on Friday, as the impact of the global health crisis hit production demand from clients (via Reuters). But the Taiwanese electronics manufacturer said the worst was over, and the company would "stabilize in the second quarter," adding that it expects revenue to show double-digit growth in...

Apple Urges Chinese AirPods Supplier to Expand and Challenge Foxconn for iPhone Assembly

Wednesday May 13, 2020 3:48 am PDT by
Apple has reportedly advised its Chinese AirPods assembler Luxshare to make a major investment in Catcher Technology, a Taiwanese firm that makes the metal casing for iPhone and MacBooks. According to sources who spoke to Nikkei Asian Review, Apple hopes the move will create a "formidable" alternative to its longtime supplier, Taiwan's Foxconn. Luxshare-ICT, a fast-rising Chinese tech...

Apple Supplier Factories Reducing Staff and Cutting Overtime Due to Falling Demand

Tuesday April 21, 2020 10:44 am PDT by
With most Apple Stores around the world closed since March 14, demand for Apple's devices has been dropping off. As a result, the factories that assemble those devices are reducing staff and cutting overtime hours, according to Financial Times. Multiple workers at Foxconn's Zhengzhou complex, where iPhones are assembled, said that Foxconn has paused hiring and has begun cutting some of the...

Foxconn and Other Chinese Factories Implement Strict Measures to Prevent Another Outbreak

Wednesday April 8, 2020 4:26 pm PDT by
Foxconn and other factories in China have implemented stringent measures to prevent the another viral outbreak in the country, according to an overview of the practices shared today by The Washington Post. Pages from a manual issued by Foxconn that covers rules employees must follow. Image from The Washington Post. Apple iPhone supplier Foxconn, for example, has organized workers into teams...

Foxconn Suggests There is Still Opportunity for 5G iPhones to Launch on Time

Wednesday April 1, 2020 6:57 am PDT by
In a private conference call with investors this week, Apple supplier Foxconn suggested that there is still a possibility that 5G-enabled iPhones will launch on time this year despite pandemic-related supply chain disruptions, according to Bloomberg. Of course, Foxconn did not mention Apple or the iPhone specifically:"We and the customer's engineers are trying to catch up the missing gap,...

Foxconn Restaffs Factories, Says There Are Enough Workers to Meet 'Seasonal Demand'

Monday March 23, 2020 10:22 am PDT by
Foxconn has reached its recruitment goals ahead of schedule and now has enough workers to meet "seasonal demand" at all of its Chinese plants, according to a statement released Sunday that was shared by Nikkei. Foxconn is one of Apple's main suppliers, and the hiring information suggests Foxconn's factories will be adequately prepared for the launch of Apple's fall 2020 iPhones. The...

iPhone Production Resumption in China Exceeds Foxconn's Expectations, But US Sales Concerns Remain

Thursday March 12, 2020 4:17 am PDT by
The founder of iPhone assembler Foxconn said on Thursday that the resumption of production at its factories in China had "exceeded expectations," following the coronavirus-related disruption of supply chains (via South China Morning Post). [Terry Gou Tai-ming] told reporters that the return to work effort at Foxconn's factories in China had "exceeded our expectations and imagination," and that ...

Foxconn Expects to Resume Normal Production at Chinese Plants by End of March

Tuesday March 3, 2020 2:30 am PST by
iPhone assembler Foxconn expects its Chinese plants to resume normal operation by the end of the month after fixing labor shortages resulting from the coronavirus outbreak (via Bloomberg). The first quarter of the year is typically quiet for Apple and its Taiwanese ‌iPhone‌ supplier after a boom in sales over the holiday season. However, ongoing delays from the coronavirus outbreak in China...

Apple Implicated in New Report on Chinese Forced Labor

Monday March 2, 2020 3:56 am PST by
A report by the Australian Strategic Policy Institute think-tank has named Apple among 83 other major companies benefiting from the use of potentially abusive labor transfer programs. The Chinese government has allegedly transferred thousands of Uyghur Muslims and other ethnic minorities from Xinjiang to factories across the country, implicating global supply chains. The report...

Foxconn Aims to Reopen Half of Assembly Plants in China by End of February

Wednesday February 12, 2020 3:05 am PST by
Reuters reports that Apple's main iPhone assembler Foxconn aims to reopen half of its manufacturing facilities in China by the end of February. The move would allow production lines to be phased back into action following the extensive lockdown in the wake of the coronavirus outbreak. Taiwan's Foxconn hopes to resume half of its production in China by month-end, a source told Reuters on...

Kuo Warns of Delays and Low Labor Return Rates at Apple Supplier Factories in China Due to Coronavirus [Updated]

Sunday February 9, 2020 12:20 pm PST by
Apple analyst Ming-Chi Kuo today sent out a note to investors warning them to pay close attention to the epidemic changes of the coronavirus outbreak in China as it is impacting Foxconn, Pegatron, and other Apple suppliers. In the note, Kuo outlines the status of several major Apple suppliers as workers prepare to return to factories to resume production on Apple products. Foxconn's...

Foxconn Warns Staff to Keep Away From Shenzhen iPhone Plant as Virus Prevention Efforts Continue

Friday February 7, 2020 2:44 am PST by
Apple's main iPhone assembler Foxconn has told employees not to return to work at its Shenzhen facility in China when the extended Lunar New Year break ends on February 10, according to a memo obtained by Bloomberg. "To safeguard everyone's health and safety and comply with government virus prevention measures, we urge you not to return to Shenzhen," Foxconn wrote in a text message sent to...

Foxconn Cuts Revenue Outlook Following Coronavirus Outbreak

Wednesday February 5, 2020 2:45 am PST by
Apple's primary iPhone assembler Foxconn has slashed its 2020 revenue outlook after strict quarantines at its main base in China to guard against the coronavirus outbreak (via Bloomberg). The company is now projecting a sales increase of 1% to 3% this year, Chairman Young Liu told Bloomberg News in a text message. That’s down from a Jan. 22 forecast of 3% to 5%, before the epidemic spread...

Foxconn Has Reportedly Seen 'Fairly Small Impact' From Coronavirus Outbreak, But That Could Change

Monday February 3, 2020 6:52 am PST by
Apple's largest manufacturing partner Foxconn has seen a "fairly small impact" from the Wuhan coronavirus outbreak so far, but the company could face a "big" impact to its iPhone production if the Chinese government forces factories to remain closed for an additional week or longer, according to Reuters. The report claims that Foxconn has halted "almost all" of its production in China through...

Foxconn and Compal Will Reportedly Assemble 'Apple Watch Series 6' Models Next Year

Wednesday October 23, 2019 9:17 am PDT by
Foxconn and Compal Electronics have obtained orders to assemble 2020 models of the Apple Watch, which would be Series 6 models if Apple sticks to its naming scheme, according to industry sources cited by DigiTimes. The report adds that Luxshare Precision will likely take orders for older Apple Watch models. A preview of the upcoming report:Compal, Foxconn land orders for next-gen Apple Watch:...

Apple and Foxconn Admit Hiring Too Many Temporary Workers in China to Assemble iPhones, Potentially Violating Labor Laws

Monday September 9, 2019 2:02 am PDT by
Apple and manufacturing partner Foxconn have admitted to recruiting too many temporary staff in one of the world's biggest iPhone factories, following a report from a non-profit advocacy group alleging harsh working conditions (via Bloomberg). China Labor Watch (CLW), which investigates conditions in the country's factories, published its report on Sunday accusing the two companies of...

2019 iPhones Won't Have 'iPhone' on the Back According to So-Called Foxconn Worker

Wednesday August 14, 2019 7:33 am PDT by
We're likely less than a month away from a trio of new iPhones, and ahead of time, an anonymous user claiming to be a Foxconn factory worker in China has shared alleged details about the upcoming devices on Chinese question-and-answer site Zhihu. The list was posted July 30 and surfaced on Slashleaks today. While many of the details in the list have already been rumored, or at the very least ...

Foxconn Ramps Up Seasonal Hiring Spree Ahead of 2019 iPhones

Monday July 29, 2019 9:20 am PDT by
We're likely just six weeks away from Apple unveiling a trio of new iPhones, and on cue, the supply chain is preparing for the new devices. As it has for the past several summers, Apple's primary manufacturer Foxconn is ramping up its seasonal hiring spree, according to the Economic Daily News. The report claims Foxconn is offering a one-time bonus of 4,500 Chinese yuan, or roughly $650, to...

Apple Reportedly Considering Moving Up to 30% of Production Out of China to Diversify Supply Chain

Wednesday June 19, 2019 5:25 am PDT by
With the U.S.-China trade war seemingly showing no signs of slowing down, a new report claims that Apple is getting serious about diversifying its supply chain in an effort to reduce its reliance on Chinese manufacturing. iPhone disassembly robot Daisy Specifically, Apple has asked several of its major suppliers to evaluate the cost implications of shifting 15 to 30 percent of their...

Foxconn: Apple Has Capacity to Make All US-Bound iPhones Outside of China if Needed

Tuesday June 11, 2019 3:15 am PDT by
Apple manufacturing partner Foxconn says it has enough capacity to make all iPhones bound for the U.S. market outside of China if the current trade war between the two countries intensifies. That's according to Foxconn board nominee and semiconductor division chief Young Liu, who made the comments at an investor briefing in Taipei on Tuesday, reports Bloomberg. As the U.S.-China trade...