Foxconn

Trump-endorsed Foxconn Deal Is A ‘shadow’ Of What He Promised — And Wisconsinites Are Angry:...

On Wednesday, Crain’s Chicago Business analyzed the floundering remnants of the deal, once touted by President Donald Trump, to build a Foxconn electronics factory in southern Wisconsin — not far from the city of Kenosha, where a police...
Related topics: Donald Trump, Police

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Iphone Soon To Be Hecho En Mexico? Taiwan's Foxconn, Pegatron Mulling Going South Of The Us Border...

Plus other gadget makers, too, we're told, amid China trade fears Taiwanese electronics manufacturers Foxconn and Pegatron are, along with other equipment makers, reportedly considering building factories in the sunny climes of Mexico.…
Related topics: Mexico, Taiwan, China

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Blackberry Is Releasing A New 5g-enabled Device With A Physical Keyboard In 2021

OnwardMobility and Foxconn subsidiary FIH Mobile Limited teamed up with Blackberry to announce the smartphone is making a comeback with 5G.       
Related topics: BlackBerry, Mobile Technology

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Amid Rising Us-china Trade Tensions, Electronics Manufacturers Like Foxconn Will Need To Build...

Taiwanese electronics manufacturer Foxconn announced it has shifted production away from China, and will continue doing so. And this shift comes in response to escalating tensions between the US and China. Insider Intelligence publishes hundreds...
Related topics: China

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Apple Supplier Foxconn Reports Better-than-expected Second Quarter Profit

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...
Related topics: Apple (AAPL), Reuters

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Foxconn Smartphone Revenue Dropped 15% In Q2; Expects 10% Drop In Q3

Foxconn smartphone revenue dropped by 15% in the second quarter of the year, according to the company’s latest earnings report. Although Foxconn has a number of phone clients, the majority of its smartphone revenue comes from Apple. The...
Related topics: Apple (AAPL)

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Google, Qualcomm, And Nokia Bet Hmd Global Makes Your First 5g Phone

HMD Global just closed a $230-million dollar investment round with investments from Google, Qualcomm, and Nokia. This makes a whole lot of sense as HMD Global works with Foxconn to create Nokia-branded (brand licensed) Android smartphones with...
Related topics: Google, Qualcomm, Nokia, Mobile Technology, Android

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Foxconn Reportedly Begins Seasonal Hiring Spree For Iphone 12 Production

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,...

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Apple’s Partners And Samsung Apply For India’s $6.6 Billion Local Smartphone Production Program

South Korean giant Samsung, Apple’s contract manufacturing partners Foxconn, Wistron and Pegatron, and Indian smartphone vendors Micromax and Lava among others have applied for India’s $6.6 billion incentive program aimed at boosting the local...
Related topics: India, Micromax

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Foxconn To Invest $1 Billion In India Amid Strong Push From Apple

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...
Related topics: India, Apple (AAPL), Reuters, China

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Apple Moving Forward On Semitransparent Lenses For Upcoming Ar Headset

Apple and Foxconn have reached a key milestone in the development of Apple's long-rumored augmented reality headset, with the semitransparent lenses for the device moving from prototype to trial production, reports The Information. Apple is...
Related topics: Apple

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Uber Adds Another Independent Director To Its Board: Flex Ceo Revathi Advaithi

Uber has a new, independent board member, shows a new SEC filing: CEO Revathi Advaithi of 51-year-old Flex, which is among the world’s largest electronic manufacturers and competes against Taiwan’s Foxconn Technology. Advaithi, a mechanical...
Related topics: Taiwan

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Foxconn Signals Indian Expansion To Make ... Something It Will Reveal Eventually

Seems sensible to assume it's going after India's new electronics investment incentives Electronics manufacturer to the stars Foxconn has signaled it will make further investments in India.…
Related topics: India

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Ipad Pro With Mini-led Display Reportedly In Trial Production, Late 2020 Launch Possible But 2021...

Apple's rumored 12.9-inch iPad Pro with a Mini-LED display has entered trial production, according to Korean website The Elec. The report claims that LG will supply the Mini-LED panels for the device, while Foxconn will be tasked with final...
Related topics: Ipad, Tablets, Apple

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Medtronic Partners Foxconn To Scale Up Ventilator Production

Medtronic plc MDT recently announced that it has collaborated with Foxconn Industrial Internet, a business group within Foxconn Technology Group, to scale up its Puritan Bennett 560 (PB560) ventilator production. The partnership was finalized after...
Related topics: Medtronic

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Foxconn Registers 90% Drop In Profits Due To Coronavirus

The coronavirus pandemic has taken a toll at the tech industry as companies are trying to cut their losses and brace for a long fight ahead. As the Q1 earnings season came to an end, we got a complete picture of the harm done to the companies....

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U.s.-china Trade Enters New Era After Overnight Huawei, Foxconn, And Tsmc Announcements

There has been a steady drumbeat of news on the U.S.-China trade front since the start of the Trump administration. President Trump has made decoupling from China’s economy on on-again, off-again proposition. There was the trade conflict with...
Related topics: China, Huawei

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Iphone Assembler Foxconn Posts Near 90% Drop In First Quarter Profit

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...
Related topics: Iphone, Mobile Technology, Apple, Reuters

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Apple Urges Chinese Airpods Supplier To Expand And Challenge Foxconn For Iphone Assembly

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,...
Related topics: Apple, Iphone, Mobile Technology

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Pull The Other One: Apple’s Partner’s Shenanigans

They say you can tell a lot about people by the company they keep. For Apple’s sake, we might hope that’s an overblown aphorism.Foxconn, the largest manufacturer of iPhones, has long been a competent but troubling partner for Apple, mostly due...

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