Foxconn

Apple manufacturing partner Foxconn has been studying the possibility of moving iPhone production to the United States, according to Japanese website Nikkei Asian Review, leading to hopeful speculation some iPhones could one day be "Made in America" rather than be assembled and imported from China. The report claims Apple asked both Foxconn and rival supplier Pegatron, which denied the...

Following in line with a slump in iPhone sales, Apple manufacturer Foxconn recently reported a 31 percent decline in profits in the second quarter of 2016. For the full quarter, ending in June, Foxconn was said to have amassed a net profit of 17.7 billion New Taiwan dollars, down from NT$25.7 billion a year earlier. Analysts watching the company had expected a revenue of around NT$23.9 billion...

Taiwanese manufacturer Foxconn is developing glass casings and OLED displays for smartphones in an attempt to secure orders for the tenth-anniversary iPhone next year, according to Japanese website Nikkei. The report claims Foxconn has been developing glass chassis for at least one year, and developing its own OLED display technologies through its Sharp acquisition. It would be competing with...

Apple is demanding price cuts on components for the new iPhone from its overseas suppliers to maintain its high profit margins, despite a global slowdown in smartphone sales, according to Taiwanese website DigiTimes. The report claims several large Taiwan-based component suppliers such as Foxconn, Largan Precision, and Pegatron have already been affected, while strong competition in Greater...

Apple will rely on multiple manufacturing partners to assemble the iPhone 7 and iPhone 7 Plus, including Foxconn, Pegatron, and Wistron, according to Taiwanese website DigiTimes. The new 4.7-inch model will reportedly be assembled by Foxconn and Pegatron, while the 5.5-inch model will be made by Foxconn and Wistron. Apple typically diversifies suppliers to aim for a smooth iPhone launch....

Apple recently reported its first year-over-year decline in iPhone sales, with CEO Tim Cook claiming one of the reasons is that the upgrade cycle for the larger iPhone 6 and iPhone 6s series has stretched out longer than it anticipated. Despite the launch of the lower-priced iPhone SE, that decline is expected to continue into the second half of this year. In reporting its first...

Apple manufacturer Foxconn is close to signing a deal with the Indian government to open a manufacturing facility intended to make iPhones, reports ET Now (via AppleInsider). The project would cost $10 billion and be built on top of 1,200 acres of land in Maharashtra, India. While several other Indian states were in consideration for the plant, Foxconn chose Maharashtra, the third largest...

Following multiple reports claiming Apple will release its first OLED-based iPhone as early as 2017, DigiTimes Research says that Apple manufacturer Foxconn will develop AMOLED displays through its recent investment in troubled Japanese electronics maker Sharp.Sharp will set up one 4.5G and two 6G AMOLED production lines with monthly capacity of 13,000, 11,500 and 34,500 glass substrates...

Apple's primary manufacturer Foxconn has reached an agreement to purchase troubled Japanese electronics maker Sharp for a revised 389 billion Japanese yen, or roughly $3.5 billion, according to The Wall Street Journal. The two companies had originally settled on an estimated $6.2 billion takeover last month, but Foxconn put the deal on hold after discovering that Sharp had hundreds of...

In late January it was reported that Apple supplier Foxconn made a $5.3 billion bid to purchase Japanese electronics maker Sharp. Today, Sharp has decided to accept an updated $6.2 billion takeover offer from Foxconn, reports Nikkei Asian Review. Sharp intends to restructure its operations under the umbrella of Foxconn, although arrangements of the purchase have not yet been revealed. Sharp...

Apple is adding Wistron as a supplier of the so-called "iPhone 5se," in addition to Foxconn Electronics (via DigiTimes). The latter will still lead production on the next-generation 4-inch iPhone, but Apple is ensuring that manufacturing goes as smoothly as possible by introducing a secondary supplier in Wistron. Apple has been trying to separate its orders to different ODMs to avoid risks....

Apple supplier Foxconn has reportedly offered around $5.3 billion (¥625 billion) to purchase troubled Japanese electronics maker Sharp, according to The Wall Street Journal. The report claims that Sharp is also reviewing a competing offer from the Innovation Network Corporation of Japan (INCJ), possibly in the range of $2.5 billion (¥300 billion). INCJ already owns a controlling stake in...

The oft-rumored 12.9-inch "iPad Pro" is expected to launch after mid-November as overseas manufacturer Foxconn prepares to start supplying components for the large-sized tablet in late September, according to the sometimes-reliable Taiwanese blog DigiTimes. Apple reportedly remains cautious about placing orders for the "iPad Pro" from suppliers due to declining iPad sales and weakening demand in...

Apple is asking suppliers to assemble a record-breaking 85 to 90 million units of its next-generation iPhone models combined by year-end, according to The Wall Street Journal. That order tops the reported 70 to 80 million iPhone 6 and iPhone 6 Plus units that Apple ordered during its initial production run last year. The report reiterates rumors that the so-called "iPhone 6s" and "iPhone 6s...

A sketchy and unconfirmed internal document posted by an alleged Foxconn employee on Chinese microblogging website Weibo (via PhoneArena) corroborates rumors that the next-generation iPhone could feature a 12-megapixel rear-facing camera with 4K video recording and 240 FPS slow-motion capabilities. Weibo user KJuma has since removed the pair of leaked documents he shared on the Twitter-like...

Apple manufacturing partner Foxconn plans to travel to India and explore possible locations to reopen production facilities in the country, in a move that could bring iPhone assembly and potentially lower prices to the emerging market. Reuters reports that Foxconn could benefit from lower production costs in India as wages continue to increase in China, where the majority of its operations are...

KGI Securities analyst Ming-Chi Kuo, who has a respectable track record at reporting on Apple's upcoming product plans, has issued a research note to clients that claims Apple will announce its next iPhones in August ahead of a September launch. Apple has never unveiled an iPhone in August, having introduced early iPhone models at or around WWDC in June, the iPhone 4s in October 2011 and all...

Foxconn Technology Group, Apple's main assembly partner for iPhones, today announced (via Reuters) major plans to reduce its workforce due to "declining revenue growth and rising wages in China." The announcement comes mere hours before Apple's financial earnings announcement for the first fiscal quarter of 2015, in which the company is expected to announce record iPhone sales. The company...

Foxconn Technology Group has plans to spend NT$80 Billion, or $2.6 billion, over the course of the next two years on a new factory in Taiwan to produce displays exclusively for Apple, according to Bloomberg. In a conversation with Sophia Chang, a public relations representative for Foxconn's display unit Innolux Corp., Chang stated that equipment installation will begin next month, although...

Reuters reports that Foxconn's previously-announced $12 billion plan to begin producing iPads in Brazil appears to be faltering as Foxconn and the Brazilian government have been unable to reach an agreement.A much-hyped $12 billion plan for Taiwanese manufacturer Foxconn to produce iPads in Brazil is "in doubt" due to stagnant negotiations over tax breaks and Brazil's own deep structural...