By Christian Zibreg on Feb 21, 2017
DigiTimes said Tuesday that contract manufacturer Foxconn Electronics, also known as Hon Hai Precision Industry, has temporarily halted manufacturing operations at “many iPhone production lines” and shifted workers to other production facilities because shipments of iPhone 7 and iPhone 7 Plus are now past their peak level. Read More
By Christian Zibreg on Feb 8, 2017
Japanese giant Sharp is “taking the lead” on a rumored $7 billion display manufacturing plant in the United States which its parent company Foxconn recently highlighted in response to U.S. President Donald Trump’s “Make in America” call. Citing a person with knowledge of the plan, Reuters is reporting that the forthcoming facility may break ground sometime in the first half of 2017. Read More
By Christian Zibreg on Jan 23, 2017
According to Japanese outlet Nikkei Asian Review, iPhone manufacturer Foxconn’s Chairman Terry Gou told journalists who attended his company’s end-of-year corporate party that Foxconn is considering a joint investment with Apple topping $7 billion for a highly automated display facility in the United States.
It would eventually create 30,000-50,000 jobs. Read More
By Christian Zibreg on Jan 20, 2017
Samsung Electronics has filed a request for international arbitration against Sharp and two other LCD panel makers over supply panel halt, The Korea Herald reported Friday.
Owned by iPhone manufacturer Foxconn, Sharp said recently it would stop supplying LCDs to Samsung.
The Galaxy maker is now seeking $492 million in compensation from Sharp and other vendors, said industry sources. Samsung reportedly filed its request with the International Chamber of Commerce (ICC). Read More
By Christian Zibreg on Jan 18, 2017
iPhone manufacturer Foxconn Technology Group is building a new research and development facility in the southern Chinese city of Shenzhen to help Apple build prototypes of new products, Nikkei Asian Review reported Wednesday. According to two people familiar with the matter, plans call for the new facility to be located next to Apple’s upcoming research and development center in Shenzhen. Read More
By Christian Zibreg on Jan 13, 2017
Apple’s key suppliers—iPhone assembler Foxconn and its Japanese subsidiary Sharp—say that rumored plans calling for establishing an LCD manufacturing plant in the United States are “still on the table”. Company officials made that comment in response to U.S. President-elect Donald Trump’s “Make in America” call, Japanese outlet Nikkei reported Friday.
An unnamed Sharp executive told Nikkei that such a decision must be made “carefully”. Read More
By Christian Zibreg on Jan 10, 2017
iPhone manufacturer Foxconn Technology Group posted its first ever sales decline since it went public back in 1991, Japanese outlet Nikkei reported Tuesday. The outlet expectedly blames “lukewarm demand” from Foxconn’s biggest client Apple and the “saturated smartphone market” for the 2.81 percent drop in annual sales.
For context, Foxconn earns more than half of its revenue from doing business with Apple. The Taiwanese company is also known as Hon Hai Precision Industry and assembles iPhones and other gadgets like PlayStation consoles, notebooks, wearable devices and so forth on a mass scale. Read More
By Christian Zibreg on Jan 9, 2017
Apple’s contract manufacturer Foxconn is taking advantage of its acquisition of Sharp as the Japanese giant plans to set up an OLED production line in Zhengzhou, a city of six million people in an impoverished region of northern China, according to a report by Japan-based Nikkei that was cited Monday by trade publication DigiTimes. Read More
By Christian Zibreg on Dec 30, 2016
iPhone manufacturer Foxconn continues to replace factory workers with industrial robots, called Foxbots. These machines take advantage of artificial intelligence to perform elaborate assembly work more efficiently than humans can. As of May 2016, Foxbots had replaced as many as 60,000 factory workers and now a new report from DigiTimes details progress the contract manufacturer has since made in terms of boosting automated production across its facilities in China. Read More
By Christian Zibreg on Dec 30, 2016
Hedging its bets, Apple has apparently commissioned a third contract manufacturer to build iPhone 8 alongside established suppliers and longtime partners Foxconn and Pegatron. According to a Chinese-language report in the Economic Daily News newspaper, quoted by Taiwanese trade publication DigiTimes, Apple supplier Wistron will get to build some of the future iPhone units. Read More