Wisconsin’s new Foxconn plant is getting more costly to residents

During a Thursday ceremony in Wisconsin, President Donald Trump will no doubt call this week's groundbreaking of Foxconn's 20 million-square-foot complex that will make LCD panels an example of how his administration is "making America great again." That may be true for the citizens of Wisconsin in the long-run, but right now it has become a far costlier proposition than once imagined, according to The Wall Street Journal. 

Foxconn acquires Belkin for $866 million

Belkin accessories

Foxconn Interconnect Technology, a Foxconn subsidiary, is acquiring popular accessory maker Belkin for $866 million in cash, the companies jointly announced on Monday. The deal will also include other brands in the Belkin portfolio, including Linksys, Wemo, and Phyn.

Ming-Chi Kuo: improved iPhone X shipping times are not due to weak demand, but improvements in the supply chain

iPhone X shipping times saw improvements to one to two weeks across the board this week. This triggered speculation that weak demand for Apple’s latest flagship might have been the cause of these improved delivery dates.

Ming-Chi Kuo of KGI Securities refutes this speculation, instead reporting that Apple has made significant supply chain improvements that are responsible for these accelerated shipping estimates.