Foxconn has been forced to cut contract workers early amid iPhone sales slump, reports Nikkei. Citing an industry source familiar with the situation, the outlet says around 50,000 seasonal employees have been let go since October at the company’s top iPhone factory in Zhengzhou, China.
Strong results didn’t stop Bloomberg from doubling down on its media narrative that the latest lineup is “falling flat with global consumers” as “iPhone concerns persist”.
Foxconn is now producing most of Apple’s iPhone XR units after rival Pegatron ran into difficulties. The new handset is launching on Oct. 26.
Apple’s favorite manufacturer Foxconn has begun offering staff retention bonuses as it ramps up seasonal hiring for mass-production of a second-generation iPhone X, iPhone X Plus and a new 6.1-inch LCD model.
Foxconn on Thursday broke ground on a new 20 million-square-foot complex in Wisconsin. The project could bring thousands of new jobs to the state.
Apple’s top manufacturer is getting more in incentives for building a plant in Wisconsin. Construction on the new mega-plant begins this week.
Following reports from some early adopters who complained that their HomePod was leaving visible ring marks on treated wood furniture and other wooden surfaces, Apple is reportedly working to rectify the situation by developing a new material.
A new Bloomberg report, short on facts, claims HomePod sales are low based on limited understanding of supply channel checks and unreliable data from Slice Intelligence which 3 years ago said Apple Watch sales were “collapsing”.
Foxconn is acquiring popular accessory maker Belkin for $866 million in cash. The deal will also include other brands in the Belkin portfolio, including Linksys, Wemo, and Phyn. With this acquisition, Foxconn intends to make a push into the premium accessories business, and the smart home market.
Supply chain sources claim MacBook Pro won’t be receiving any major hardware bumps in 2018.
A Taiwanese publication has spooked investors by claiming that Apple has lowered iPhone X orders for the next quarter.
iPhone X shipping times improvements aren’t due to low demand, but rather to higher supply.