Foxconn

Major iPhone supplier Foxconn says that it expects the ongoing chip shortage to continue well into the second half of next year, prolonging struggles of manufacturers, including Apple, to keep up with consumer demand, The Wall Street Journal reports. Apple has been dealing with the chip shortage for the past several quarters, but it only started significantly impacting Apple’s business in...

Apple supplier Foxconn has agreed to buy a former General Motors factory in Ohio, a move that potentially puts it in a better position to assemble cars for Apple, should the tech giant choose to formally enter the automotive sector in the future (via Bloomberg). Image credit: Dustin Franz/Bloomberg The purchase is part of a $280 million deal Foxconn has agreed with embattled automaker...

Apple supplier Foxconn is rushing to hire 200,000 more workers by the end of September to manufacture the iPhone 13 models, according to the South China Morning Post. The 200,000 additional workers are needed at the world's biggest ‌iPhone‌ factory in the Chinese city of Zhengzhou, ahead of the expected launch of the ‌iPhone‌ 13 lineup next month. Hiring enough manpower has been the "biggest ...

Apple supplier Foxconn is making a major push into electric vehicle manufacturing and has long been aiming to get into the vehicle market, according to a new profile of Foxconn's car ambitions that was shared by Nikkei. "If we can make iPhones, why can't we make EVs?" Foxconn founder and former chairman Terry Gou said in an internal meeting. "It is an iPhone with four wheels." Foxconn has ...

Foxconn, one of Apple's largest suppliers, has said it will begin construction of all-electric vehicle plants in the United States and Thailand this year, with hopes of them being operational by 2023, according to a report from Nikkei Asia. From the report: Foxconn, the world's largest contract electronics producer, on Thursday said it will build electric vehicle manufacturing facilities...

Apple suppliers manufacturing the iPhone 13 models are struggling to hire enough workers ahead of the expected launch of new devices in September, according to the South China Morning Post. In an attempt to attract workers to meet demand for the ‌iPhone‌ 13 lineup, Apple suppliers in China are significantly raising their starter bonuses. Foxconn's factory in Zhengzhou, which is estimated to...

Apple supplier Foxconn, which is Apple's largest and most important supplier for the iPhone, has said that torrential floods that have hit the Henan province in China, where it houses its main ‌iPhone‌ production plant, have not been impacted operations. Photo credit to China News Service (via Focus Taiwan) In a statement to CNBC, Foxconn says that its main factory in Zhengzhou, the capital...

Apple's largest manufacturing partner Foxconn is offering "record-high" signing bonuses in an effort to recruit workers for iPhone 13 production over the next few months, according to the South China Morning Post. ‌iPhone 13‌ Pro in Matte Black render via EverythingApplePro The report claims Foxconn is offering up to 8,000 yuan ($1,235) as a signing bonus to former workers willing to return...

iPhone 12 production at a Foxconn factory in India has been cut by more than 50% amid a lockdown, and multiple reported cases of COVID-19 infections for workers at the plant, according to a new report from Reuters. The main factory located in Tamil Nadu, a state under extreme lockdown measures, has been forced to significantly cut back on production. According to sources who spoke to Reuters,...

Apple supplier Foxconn, which serves as the main iPhone manufacturer, is taking measures to expand its workforce by offering increased bonus pay to new recruits in Zhengzhou, China, ahead of when production of the ‌iPhone‌ 13 is set to get underway. According to the South China Morning Post, the newest raise in bonus is the third instance this month where the supplier has attempted to...

Apple supplier Foxconn today said that it expects shipments to be cut by 10 percent due to the global chip shortage, reports Nikkei. In an earnings call, Foxconn chairman Young Liu said that the first two months of the quarter were okay, but the company "started to see changes happening this month." Foxconn did not mention Apple specifically, but it is a major Apple supplier and this perhaps ...

Apple supplier Foxconn has been granted a license to construct a new $270 million plant in Vietnam, likely to manufacture MacBooks and iPads (via Reuters). The new plant, to be developed by Fukang Technology, will be located in the northern Vietnamese province of Bac Giang. Upon completion, the location is projected to be able to produce eight million laptops and tablets annually....

Apple has asked Foxconn to move some of its iPad and MacBook assembly from China to Vietnam in an effort to minimize the impact of ongoing trade tensions between the U.S. and China, according to sources cited by Reuters. Foxconn is building assembly lines for Apple's iPad tablet and MacBook laptop at its plant in Vietnam's northeastern Bac Giang province, to come online in the first half of...

Apple today confirmed that its second-generation iPhone SE is now being assembled in India for orders placed within the country. In a statement shared with The Times of India, Apple said "iPhone SE packs our most powerful chip into our most popular size at our most affordable price and we're excited to be making it in India for our local customers." The new iPhone SE is being assembled by ...

China will no longer be the world's manufacturing epicenter going forward, according to Apple's largest supply chain partner Foxconn, which has been gradually expanding its operations in other countries amid the U.S.-China trade war. "No matter if it's India, Southeast Asia or the Americas, there will be a manufacturing ecosystem in each," said Foxconn chairman Young Liu, according to Bloombe...

Major Apple supplier Foxconn reported better-than-expected quarterly profit on Wednesday, overcoming slowing smartphone sales thanks to rising telecommuting demand amid the global health crisis (via Reuters). The iPhone manufacturer posted net profit of $778.54 million for the second quarter ended June, almost $5 billion more than a consensus estimate from analysts, and up around 34 percent...

Apple's largest manufacturing partner Foxconn has begun its seasonal hiring spree to assist with iPhone 12 production, offering employees who recruit qualified applicants up to a 9,000 yuan bonus, according to Chinese media reports. As usual, Foxconn needs as many hands on deck as possible at its factory in Zhengzhou, China to assist with mass production of the upcoming iPhones. Apple is...

An unspecified Apple supplier is planning to move a significant amount of production operations to India, according to The Times of India. The unnamed Apple contract manufacturer is expected to shift six production lines in total, with the aim of accommodating the export of $5 billion worth of devices from India. Establishment of a new facility for these new Indian production lines is...

Apple supplier Foxconn plans to invest $1 billion in India to expand a factory that assembles iPhones, reports Reuters. One source told Reuters that Apple has been pushing Foxconn and other suppliers to move production outside of China. The move will ultimately help the company in diversifying its supply chain in an effort to reduce its reliance on Chinese manufacturing amidst the ongoing...

Apple is "battling to free stuck shipments" at the Indian port of Chennai after the country ramped up scrutiny of imports from China following rising tensions between the two nations. Reuters reports that customs officers at the Southern Indian port have held back more than 150 shipments of smartphones and electronic parts from China, which has disrupted operations at plants owned by Apple...