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Foxconn profits plummet 39% following iPhone X production woesApple manufacturing partner Foxconn this week posted a 39 percent year-over-year decrease in net profit, losses that industry watchers attribute to t…
Apple manufacturing partner Foxconn this week posted a 39 ... , which remains in limited supply. Foxconn's earnings reflect its September ... , at NT$1.1 trillion. Foxconn is Apple's assembly partner ... more lead time to allow Foxconn to ramp up production -- it ... -
Foxconn accused of using illegal student labor to build Apple's iPhone XApple's main assembly partner, Foxconn, has been demanding illegal overtime from high school interns in its production of the iPhone X, a report char…
... s main assembly partner, Foxconn, has been demanding illegal ... allowed to work overtime." Foxconn echoed this position, saying ... Foxconn -- reflecting the Henan's government's desire to keep Foxconn ... . Between August and December, Foxconn in particular is often ... -
Foxconn puts halt to illegal overtime at iPhone X plantApple supplier Foxconn in a statement on Thursday said it has stopped high school interns from working overtime at an iPhone plant in China, a practi…
... laws. According to BBC news, Foxconn is no longer allowing ... to put in overtime hours. Foxconn issued a similar statement, ... public declarations, both Apple and Foxconn seem to suggest the interns ... response to the BBC today, Foxconn said it took "immediate ... -
Apple apparently shifting more MacBook orders to Foxconn with no plans for a major update ...In a report from DigiTimes alleging Apple is sending more of its MacBook Pro orders to assembly partner Foxconn, it is also suggests Apple is not pla…
... its orders to Quanta Computer. Foxconn is apparently expected to ... to the sources. Even though Foxconn will allegedly see more ... 2017 compared to Foxconn's 20.5 percent. Foxconn has reportedly ... shift mass production orders to Foxconn, with the ultimate result ... -
Apple supplier Foxconn buys Belkin, Linksys, Wemo for $866MA subsidiary of longtime Apple supply partner Foxconn on Monday announced the acquisition of popular accessory maker Belkin, which also owns Linksys,…
... longtime Apple supply partner Foxconn on Monday announced the ... , for approximately $866 million. Foxconn Interconnect Technology Limited and ... security risks, perhaps putting Foxconn's purchase of Belkin, ... technology, on shaky ground. Foxconn is, however, a major ... -
Foxconn profits ride high on iPhone X, dispelling worries about Apple's salesApple assembly partner Hon Hai -- better known as Foxconn -- has posted net income of $2.5 billion for the December quarter, reportedly linked to str…
... Hon Hai -- better known as Foxconn -- has posted net income of ... $2 billion anticipated, Bloomberg said. Foxconn is highly dependent on Apple ... -
Foxconn's Wisconsin plant could make Apple iPhone and Mac displays after allOriginally intended to churn out larger displays for products like TVs, Foxconn's upcoming $10 billion Wisconsin factory may actually turn to making …
... displays for products like TVs, Foxconn's upcoming $10 billion Wisconsin ... Tim Cook at a Chinese Foxconn factory. Large panels would ... panels would've been difficult. Foxconn owns display maker Sharp, ... s sources also suggest that Foxconn is looking to supply ... -
Foxconn smartgear unit IPO seeks to break financial addiction to Apple's iPhoneFoxconn is aiming at a $4.3 billion initial public offering for Foxconn Industrial Internet, a manufacturing arm specializing in things like servers …
... billion initial public offering for Foxconn Industrial Internet, a manufacturing arm ... accessories. Despite nominally strong performance, Foxconn chairman Terry Gou has reportedly ... Bloomberg. The publication observed that Foxconn's market value has plummeted ... -
AppleInsider Podcast discusses Foxconn in Wisconsin, Apple's self-driving newsThis week on the AppleInsider podcast, Victor and Mike discuss Foxconn's IPO of an IoT group, Apple's self-driving vehicle news, and Mike educates th…
... podcast, Victor and Mike discuss Foxconn's IPO of an IoT ... Marks and Mike Wuerthele discuss: Foxconn's Wisconsin plant is said ... we aren't clear on. Foxconn is holding an IPO for ... feed below: Show note links: Foxconn smartgear unit IPO seeks to ... -
Foxconn's Wisconsin deal riskier for taxpayers than originally thoughtFoxconn's upcoming $10 billion display factory in Wisconsin is more lucrative to the Apple supplier than first thought, with state and municipal swee…
Foxconn's upcoming $10 billion display ... CEO Tim Cook visiting a Foxconn facility in China As part ... associated with bigger screens. Considering Foxconn is a production partner for ... -
Podcast discusses 2018 iPhones, the iPhone 6s rebirth, and Foxconn in WisconsinThis week on the AppleInsider Podcast, Victor and Andrew O'Hara discuss the new 2018 iPhone rumors, iPhone 6s production in India, and Foxconn's fact…
... 6s production in India, and Foxconn's factory in Wisconsin. We ... the improvements for new devices. Foxconn's factory in Wisconsin is ... chipped in billions to lure Foxconn to the area. Dr. Dre ... to combat import duty hikes Foxconn's Wisconsin deal riskier for ... -
Ground broken on Foxconn's first US factory, rumored to supply iPhone screens for AppleFoxconn chairman Terry Gou was joined by U.S. President Donald Trump, House Speaker Paul Ryan and others on Thursday as the company broke ground at a…
Foxconn chairman Terry Gou was joined ... number will be 13,000. Foxconn is headquartered in Taiwan but ... 15,000 Wisconsin Workers! As Foxconn has discovered, there is no ... -
Apple manufacturer Foxconn sees second quarterly fall, unlikely connected to iPhonesFoxconn posted disappointing net profits for the June quarter on Monday, though the results may not be directly connected to its biggest client, Appl…
... to its biggest client, Apple. Foxconn recorded profits of $567.25 ... increased shipments have probably improved Foxconn's results compared to if ... Apple is a major customer, Foxconn also assembles devices for a ... s also the potential that Foxconn has had to spend ... -
Record high 2018 iPhone shipments expected to boost TSMC, Foxconn bottom lineApple chip producer TSMC and assembly partner Foxconn are expected to announce record revenue figures in its fourth quarter financial report later th…
... TSMC and assembly partner Foxconn are expected to ... generations." While TSMC and Foxconn stand to benefit considerably ... Foxconn reportedly shares assembly duty for the iPhones with Pegatron, Foxconn ... year. Sources also anticipate Foxconn's profitability will be ... -
Apple shifts iPhone XR assembly orders from Pegatron to FoxconnApple is reportedly changing its orders for the iPhone XR with its assembly partners, with some production being shifted from Pegatron to rival Foxco…
... from Pegatron to rival Foxconn over alleged capacity ... at a Chinese Foxconn factory. Capacity constraints ... XR's assembly, while Foxconn apparently received around ... Foxconn's orders "substantially." Supply chain reports before the launch anticipated Foxconn ... -
Foxconn may transfer Chinese engineers to Wisconsin LCD plant due to difficult labor marke...Foxconn may transfer engineers from China to staff its under-construction facility in Wisconsin due to a lack of appropriate skilled labor in the are…
... the benefits successfully tempted Foxconn into agreeing to locating ... targets for poaching by Foxconn. While Foxconn is working with ... provided for the report, Foxconn advised its "first ... Wisconsin project is untrue" Foxconn advised, reiterating its priority ... -
iPhone XR maker Pegatron says labor shortages fixed, no orders switching to FoxconnPegatron was able to solve workforce shortages in time for the October launch of the iPhone XR, and despite rumors is holding onto its share of produ…
... and shifting more work to Foxconn. Pegatron was allegedly suffering not ... that Apple is telling both Foxconn and Pegatron to halt any ... -
Foxconn seeing 'difficult and competitive' 2019, slashing $2.9 billion in expensesFoxconn is circulating a memo internally that says that it will be implementing a series of cost-cutting moves soon, to combat the effects of what it…
... Cook visiting Foxconn Amidst multiple reports of iPhone component cuts, Foxconn ... spending budget, according to Bloomberg. Foxconn is the world's ... something to do with Foxconn's contraction, the overall ... -over-year. In August, Foxconn saw a contraction in ... -
Foxconn mulls Vietnam move for iPhone production to avoid effects of U.S. tariffsApple assembly partner Foxconn is reportedly considering the possibility of setting up a new facility in Vietnam, a move that could potentially preve…
... Phuc of opening a Foxconn factory in Vietnam specifically ... the possibility of this with Foxconn." The company itself advised ... disruptive scenario." A number of Foxconn executives spoke to Reuters ... bases of operation for Foxconn follow after an interview ... -
TSMC and Foxconn revenues up, contrary to dour iPhone supply chain forecastsTSMC and Foxconn, two of Apple's major iPhone production partners, have reported street-beating revenue for November, casting some doubt on supply ch…
... Cook at a Chinese Foxconn factory. Assembly partner Foxconn's revenue in ... their dealings with Apple, with Foxconn estimated to earn close to ... tipped to tap the company. Foxconn's high Apple-based revenue ... can hurt revenue growth for Foxconn in the long run, as ... -
Apple manufacturer Foxconn not negotiating with Qualcomm over $9B royalties disputeFoxconn is not in talks to settle an antitrust lawsuit it and other Apple assembly partners have leveled against Qualcomm, with its lawyers readying …
Foxconn is not in talks to ... Cook visiting a Foxconn factory The complaints from Foxconn parent company Hon ... -
Foxconn might start manufacturing flagship iPhone models in IndiaFoxconn appears ready to double-down on existing efforts in India and add to Apple's manufacturing options, as it looks to grow iPhone production bey…
Foxconn appears ready to double-down ... X For the first time, Foxconn may be assembling Apple's ... are assembled in India by Foxconn competitor Wistron. A report earlier ... -
Apple assembly partner Foxconn says December revenues down, blames 'consumer category prod...Apple's primary assembly partner, Foxconn, said on Thursday that it saw revenues for the month of December drop 8.3 percent year-over-year, likely a …
Apple's primary assembly partner, Foxconn, said on Thursday that it ... products was rather big," a Foxconn representative said, without providing detail ... or products were the culprits. Foxconn is heavily dependent on Apple ... -
Apple assembler Foxconn cuts 50,000 seasonal workers ahead of scheduleApparently impacted by Apple's iPhone demand, some 50,000 seasonal workers have been dismissed from Foxconn since October, a report indicated on Frid…
... workers have been dismissed from Foxconn since October, a report indicated ... or not to begin layoffs. Foxconn's cost-cutting efforts are ... , and by merging business divisions, Foxconn can slash some 50 percent ... -
Foxconn examining shift of iPhone assembly to IndiaFoxconn is examining an expansion into India to both skirt a potential US-imposed tariff, as well as to help Apple comply with Indian requirements to…
... in December 2018 that Foxconn was about to invest ... in a local plant. "Senior [Foxconn] executives, possibly including Chairman ... assembles for other firms. Foxconn also assembles devices for ... Apple. For similar reasons, Foxconn has also been reportedly ... -
Foxconn says it will hire 50,000 in China amid claims of iPhone-related layoffsApple's main assembly partner, Foxconn, said on Tuesday that it's aiming to hire over 50,000 people across its Chinese factories during the first qua…
... 's main assembly partner, Foxconn, said on Tuesday that it ... China campuses in Q1 2019," Foxconn told Reuters in response to ... members told Reuters that at Foxconn's Zhengzhou factory, thousands of ... Apple generates about half of Foxconn's annual revenue, so any ... -
Foxconn's $10 billion facility in Wisconsin for 'knowledge' and not large-scale manufactur...Apple manufacturing partner Foxconn is re-evaluating what it wants to do with its location in Wisconsin and is saying that the site will be more rese…
... restore manufacturing to Wisconsin, Foxconn appears to be having ... . Additionally, sources claim that Foxconn may walk away from ... , another possibility raised by Foxconn was construction of small ... with bigger screens. Considering Foxconn is a production partner ... -
Foxconn says Wisconsin facility will do both manufacturing and R&DFoxconn's $10 billion facility in Wisconsin will handle both manufacturing and research, the company said on Friday, trying to staunch controversy ov…
... hub of high technology innovation," Foxconn told CNBC. The company ... conversation between President Trump and Foxconn chairman Terry Gou. "Our ... in tax credits. Read Foxconn's full statement: After ... Trump and Chairman Terry Gou, Foxconn is moving forward with ... -
Foxconn employees endure reduced salaries and benefits in wake of reduced Chinese iPhone d...Foxconn is feeling the pinch from the reduced sales of iPhones in Greater China, with reports of a culling of employee benefits and salaries, as well…
... benefits for those working for Foxconn, including the closure of ... are also being withdrawn by Foxconn, such as the free ... mass layoff reports, in January Foxconn claimed it would be ... with other expense reductions. While Foxconn does perform production duties ...
