Foxconn
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Foxconn Articles
Apple Partnering With Foxconn to Build High-End iPhone Models in India Next Year
Following the iPhone SE and iPhone 6s, Apple will begin assembling its high-end iPhones in India sometime in 2019, according to a new report today by Reuters. Instead of Wistron, Foxconn will build the high-end iPhones, and these models are said to be the most expensive flagship devices offered by Apple, including the iPhone X family. Local sources state that the work will occur in Foxconn's ...
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iPhone Suppliers TSMC and Foxconn Report Strong November Revenue
Two of Apple's largest suppliers have reported healthy jumps in monthly revenue, suggesting fears of weak iPhone demand may be overblown (via Bloomberg). Asian firms TSMC and Foxconn (Hon Hai) both posted a 5.6 percent rise in November sales, reversing a recent trend of Apple suppliers reducing production or revenue outlooks to reflect lowering demand for Apple's smartphones. Foxconn...
Apple Has Certified Key Suppliers of 2018 iPhones as Volume Production Set to Begin
Apple has successfully completed certification of key component suppliers for its widely rumored trio of 2018 iPhones, expected to be announced in September, according to Taiwanese publication Economic Daily News. 2018 iPhone imitation models via Marques Brownlee/MKBHD The report claims that these suppliers have begun shipping large quantities of camera lenses, metal chassis, and other...
Foxconn Begins Seasonal Hiring Spree Ahead of 2018 iPhones
Apple supplier Foxconn is gearing up to hire more workers for its plants in Zhengzhou, China by offering bonuses to workers who help assemble Apple's 2018 iPhones. According to a new report by the Economic Daily News, the supplier is offering one-off bonuses of up to CNY 2,000 (US $295) to workers who renew their contracts at this time (via DigiTimes), and the hiring campaign is expected to last...
Foxconn Expected to Assemble Bulk of 2018 iPhones
Taiwanese manufacturer Foxconn will assemble the majority of Apple's widely rumored trio of new iPhones expected to launch in 2018, according to the Taipei Times, citing research from Fubon Securities. Foxconn, formally known as Hon Hai, will reportedly assemble all of the second-generation iPhone X, 90 percent of the so-called iPhone X Plus, and 75 percent of an all-new, lower-priced...
Foxconn's Wisconsin Plant Pivoting From Large to Small-Medium Displays in Cost-Cutting Measure
Apple supplier Foxconn Technology Group is making a shift in its expansion plans to Wisconsin in the United States, where it will now produce small to medium-size displays for Apple and other customers. This is a change from its original plan of having the Wisconsin plant produce large television displays, and the move to smaller displays is said to help lower initial costs at the factory (via Nik...
Foxconn Acquires Popular Accessory Maker Belkin Along With Linksys and Wemo
Foxconn is best known as an Apple supplier that assembles Apple's devices and supplies components to the Cupertino-based company, but as of today, it's taking over a major Apple accessory maker. Foxconn Interconnect Technology (FIT), a Foxconn subsidiary, today announced that it has acquired Belkin International in a deal that's worth $866 million. The acquisition includes the Belkin brand...
Taiwanese Apple Suppliers Face Falling Stock Prices Amid Ongoing Concern Over Weakened iPhone X Demand
Three major Apple suppliers faced falling stock prices on the Nikkei Asia300 Index today, believed to be directly related to "concerns over demand for iPhone X." The three Taiwanese suppliers were Largan Precision, Hon Hai Precision Industry (Foxconn), and Taiwan Semiconductor Manufacturing Company, dropping 4.4 percent, 1 percent, and 3 percent on the index, respectively. iPhone X demand...
MacBook Pro Reportedly Won't See Any Major Upgrades in 2018
Apple currently has no plans to make any major upgrades to its MacBook Pro lineup in 2018, according to DigiTimes. Of course, if accurate, the report doesn't rule out a MacBook Pro refresh or update of any kind this year. An excerpt from the report, citing sources within Apple's supply chain:The sources revealed that Foxconn had been aggressively working to land more MacBook orders from...
Apple Supplier Foxconn Halts Interns' Illegal Overtime at iPhone X Factory in China
Apple supplier Foxconn says it has stopped interns from working illegal overtime at its factory in China, after reports emerged that at least six students worked eleven-hour days on iPhone X production lines. Today's announcement follows a Financial Times report earlier this week that revealed around 3,000 students worked at its iPhone X assembly plant in Zhengzhou, as the firm struggles to...
Apple Taking Action After Students Worked Overtime to Assemble iPhone X at Foxconn
Apple and its manufacturing partner Foxconn have confirmed instances of students working overtime to assemble the iPhone X, and both companies are now taking remedial action, as reported by the Financial Times. A technician inspecting iPhone components at a factory Apple conducted an audit and confirmed "instances of student interns working overtime at a supplier facility in China," according ...
Apple COO Jeff Williams and Foxconn Chief Will Reportedly Meet Amid iPhone X Production Issues
Apple's operating chief Jeff Williams will reportedly meet Foxconn chairman Terry Gou later this month, following several reports about ongoing iPhone X production issues, according to Nikkei Asian Review. While the report did not say which topics Gou and Williams will discuss, it said the two executives will presumably look at ways to deal with the manufacturing bottleneck for Apple's new...
Foxconn Plans Trio of 'Ancillary Facilities' to Surround Main Wisconsin LCD Plant
After an announcement in July that Foxconn will build a $10 billion LCD panel manufacturing plant in southeast Wisconsin, a new report out today states that the Apple supplier is now planning to build three "ancillary facilities" in Wisconsin as well (via Reuters). The three buildings are planned to be opened for operation as early as 2018, two years ahead of when the main LCD facility is...
HomePod Supplies Limited at Launch, but Foxconn Coming on Board in 2018 to Increase Production
Inventec Appliances has been a rumored supplier for Apple's HomePod smart speaker since before the device was announced at WWDC in June, and now the manufacturer has indicated that supplies for HomePod might be limited at launch, in line with most Apple product launches (via Nikkei). The news came from Inventec Appliances president David Ho during a press conference today. Although his...
Multiple Apple Suppliers Share Revenue Reports Ahead of 'Peak' iPhone and Apple Watch Season
A collection of Apple suppliers have shared revenue reports today, which also provide a glimpse into the upcoming "peak" iPhone and Apple Watch manufacturing season. Starting off, Foxconn looked back at its profits in July and reported consolidated revenues of NT$315.06 billion (US$10.62 billion) for the month, which marks an increase of 7.53 percent year-on-year. For the first seven months of...
Apple Supplier Foxconn Confirms Plans to Build TV Display Factory in Wisconsin
Apple supplier Foxconn today announced plans to invest $10 billion in the United States, which will go towards building a new factory in Wisconsin that will employ 3,000 or more workers. Foxconn is sharing the news at an event at the White House on Wednesday afternoon, says Recode. The upcoming factory will produce large LCD displays that are meant to be used in televisions and other...
Foxconn Reportedly Nearing Decision to Invest in Display Factory in Wisconsin
Taiwanese electronics manufacturer Foxconn is nearing a decision to invest in Wisconsin, and could hold an event in Washington, D.C. as soon as this week to discuss its U.S. investment plans, according to The Wall Street Journal. Foxconn is one of Apple's primary iPhone assemblers in China, but in Wisconsin, the company is initially looking at producing display panels that can be used in...
Foxconn Attempts to Ease Concerns Over China Ties as Sale of Toshiba's Memory Chip Unit Nears End
Foxconn chairman Terry Gou has spoken out about the ongoing sale for Toshiba's memory chip unit, which has made headlines over the past few weeks as multiple companies have entered the bidding to win the sought-after unit. Previously, Foxconn was perceived as a long shot for winning the bid due to its connections with China, a fact believed to sit unfavorably with Japanese-owned Toshiba. Now,...
Foxconn Partnering With Apple and Amazon In Renewed Attempt to Win Toshiba's Memory Chip Unit [Updated]
Apple and Amazon will join Foxconn in a bid to win Toshiba's NAND memory chip unit, which has been on sale since March and was previously said to finally conclude bidding sometime in June. Nikkei quoted Foxconn chairman Terry Gou as saying that Apple and Amazon will "chip in funds" to help Foxconn win the final bid (via Reuters). Gou left out the exact amount of the funding that Apple and...
Foxconn Still in Talks With U.S. Government Over LCD Factory for iPhone and iPad Screens
It's been a few months since the last few rumors regarding Foxconn's potential manufacturing expansion into the United States, with company chairman Terry Gou placing uncertainty on the reports at the time. Now, sources in the Taiwan supply chain are once again claiming that Foxconn -- one of Apple's biggest suppliers -- is currently talking with both the U.S. federal government as well as...