Foxconn is offering a summer bonus for employees who stay four months, a move likely to help boost iPhone 14 production numbers.
Foxconn
Apple Supplier Foxconn Reports Increase Revenue in 1Q22 Despite China Lockdown
Apple supplier Foxconn reported an increase in profit by 5% year-over-year despite the COVID 19 lockdowns in China.
Foxconn Halts New Hiring Blitz at Zhengzhou Factory Amid COVID-19 and iPhone 14 Delay Concerns
Just a day after announcing a new hiring promotion, Foxconn backs out due to new COVID-19 restrictions. Rumors are now circulating that the iPhone 14 may see delays.
Foxconn Begins Early Recruitment Drive In 'iPhone City,' Offers Larger Worker Bonuses
iPhone manufacturer Foxconn is beginning a large recruitment drive at their Zhengzhou facility. This drive arrives earlier than usual.
iPhone Manufacturer Foxconn looking to Saudi Arabia for $9 Billion Factory
iPhone manufacturer Foxconn is looking into a $9 billion factory in Saudi Arabia in order to produce EV parts. This may be for the Apple Car.
iPhone 14 Trial Production Phase Begins
Assemblers are soon to start iPhone 14 trial production, placing the new handsets on track for a fall 2022 launch.
iPhone Maker Foxconn Partners With India's Vedanta to Make Semiconductors
Foxconn, who manufacture iPhones, has announced a new partnership with Vedanta to make semiconductors in India.
Apple Puts India iPhone Factory on Probation
The southern India iPhone factory operated by Foxconn will remain closed until living conditions are improved to Apple’s satisfaction.
Apple Supplier Foxconn Warns of Chip Shortage Issues
Key Apple supplier Foxconn has warned that the global chip shortage will continue into the first half of 2022.
Apple Partner Foxconn Takes Ownership of Ohio Car Factory
Foxconn, a key Apple supplier, is set to partner with Lordstown Motors, further establishing itself in the car manufacturing space.
India COVID-19 Outbreak Slows Foxconn iPhone Output
Reuters reported on the consequences the devastating COVID-19 outbreak in India has had on manufacturing in the country. Foxconn’s iPhone output is significantly down, with plants operating at hugely reduced capacity.
Tamil Nadu is one of the worst hit states in the second coronavirus wave engulfing India. Officials imposed a full lockdown in the state from Monday, closing public transport and shuttering shops, to try slow surging infections. More than 100 Foxconn employees in the state have tested positive for COVID-19 and the company has enforced a no-entry ban at its factory in the capital of Chennai until late May, one of the sources said.” Employees are only allowed to leave but not to enter the facility since yesterday,” the person said. “Only a small part of output is being kept.”
Foxconn Sees 'Stronger Than Expected' Demand Following iPhone 12 Release
Foxconn has seen more demand than it expected following the release of the iPhone 12 range, Reuters reported. It also plans to “push forward” with producing items in Wisconsin.
Foxconn said on Thursday its investment plan did not depend on who the U.S. president was. It was, however, exploring the option of building a new production line there. “We continue to push forward in Wisconsin as planned, but the product has to be in line with the market demand … there could be a change in what product we make there,” Chairman Liu Young-way said at an investor conference. Liu said Foxconn saw “stronger than expected” demand for both smartphones and servers, with strong shipments of Apple’s new iPhone 12 supporting revenue.
Wisconsin-Foxconn Deal Called Off After Failed Negotiation
A Wisconsin-Foxconn deal in 2017 that called for a factory built in exchange for US$3 billion in tax credits has failed renegotiation.
Foxconn Boss Says China’s Days as World’s Factory ‘Are Done’
China’s days as the world’s factory are over, according to the Chairman of Foxconn, which manufactures iPhones.
iPhone Factories in China Cut Workers Due to Drop in Demand
Major iPhone assemblers in China are cutting workers and stopping overtime at their factories as demand drops.
iPhone Assembler Foxconn Aiming to be at 50 Percent Output by Month End
Foxconn hopes that it can resume up to half of its output by the end of February and be at 80 percent by the end of March.
Wistron Increasing iPhone Production in India
iPhone assembler Wistron is set to increase its production of Apple’s smartphone at a third plant in India.
Foxconn Investigating Alleged $43 Million iPhone Fraud
Apple manufacturer Foxconn has launched an investigation into allegations that staff and a Taiwanese businessman sold defective iPhones.
Foxconn Centers in Wisconsin Aren't Being Developed
Foxconn promised it would build five centers in Wisconsin that would each bring 100-200 jobs. But now it says they aren’t being developed.
Foxconn Founder Asks Apple to Move from China
Foxconn founder Terry Gou urged Apple to move some of its production chain from China to Taiwan as trade tensions increase.
Foxconn Can Produce iPhones Outside China if Required, Says Top Exec
Foxconn could make iPhones outside of China if the U.S.-China trade war escalates further, a senior executive assured investors.
Foxconn Moving 155 Jobs From U.S. to Mexico
Key Apple supplier Foxconn is moving 155 jobs from the U.S. to Mexico. They offshored jobs come from a factory located outside of Indianapolis, according to Reuters, who broke the news. It comes alongside continued criticism of the firm for failing to meet its job creation targets in Wisconsin.
The Taiwan-based electronics maker said in a filing in Indiana in November 2018 that it would lay off 155 workers at a computer factory outside Indianapolis, citing “changes in our business and production objectives.” The Labor Department in February determined that the jobs were eliminated because the company had shifted some production to Mexico, records obtained by Reuters through a Freedom of Information Act request show….The company told the Indianapolis Business Journal in November that the plant in Plainfield, Indiana, was operated by a subsidiary firm and added that the layoffs would not affect other Foxconn-related companies.
Foxconn Wisconsin Project Still Happening
Despite Wisconsin’s governor wanting to change his mind on the deal, Foxconn says its still committed to the project.
Foxconn Sticking to Wisconsin Plans Despite Governor's Criticism
Foxconn said remained committed to its planned factory in Wisconsin, despite recent criticism from the state’s Governor.