On Tuesday, Foxconn, the world’s largest contract chipmaker, said it expects the second half of this year to be “in a better direction” since COVD-19 lockdown appears to be easing in Shanghai. “We are quite confident in the stability of… Read More ›
Foxconn
Apple starts iPhone 13 production in India
In a statement Apple Inc said, it has started making the iPhone 13 in India. The development sees the US tech giant reducing its reliance on its Chinese supply chain. According to a source, the iPhone 13 is being produced… Read More ›
Major Apple supplier Foxconn halts Shenzhen plant to comply with local COVID-19 policies
On Monday, Foxconn, a major Apple Inc supplier and iPhone assembler said, it has suspended operations in the Chinese city of Shenzhen to comply with the local government’s COVID-19 control policies. The development comes midst Shenzhen tightening its COVID-19 restrictions after… Read More ›
Foxconn to produce EVs in Europe, India and Latin America
In a statement Foxconn’s chairman Liu Young-way said, it is looking to produce electric vehicles (EVs) in India, Europe and Latin America, and “indirectly” cooperate with German automakers. Foxconn, aims to become a major player in the global EV market,… Read More ›
Vietnam temporarily suspends Foxconn’s plants after COVID-19 outbreak
In a statement, Vietnam’s People’s Committee of the northern province of Bac Giang ordered four industrial parks, including three which house the production facilities of Taiwan’s Foxconn to temporarily shut down because of a COVID-19 outbreak. The People’s Committee said these… Read More ›
Apple Inc supplier Wistron to resume assembly operations in India
In a statement Apple Inc said, Wistron Corp, one of its suppliers, will restart its operations at its southern Indian factory, which was shutdown late last year. Apple uses Wistron to assemble its second-generation iPhone SEs in the plant; it… Read More ›
Samsung Electronics relocates mobile display plant from China to India
In a statement, the Indian state of Uttar Pradesh said, it will provide financial incentives to Samsung Electronics Co to set up its $654.36 million (48.25 billion rupee) display factory in the state. Samsung will be relocating the factory from… Read More ›
Foxconn’s Zhengzhou plant resumes operations
On Monday, as per a source with direct knowledge of the matter at hand, Foxconn has received approval to resume production at its plant in Zhengzhou in northern China. Around 16,000 people have returned to the plant, said the source… Read More ›
Taiwan’s Wistron Corp sets up second iPhone plant in India
In a development that marks Apple Inc’s push to expand its manufacturing in India – the world’s second biggest phone market, Taiwan’s Wistron Corp stated, it plans on assembling printed circuit boards (PCBs) for Apple’s iPhones at its new factories… Read More ›
Liu Young-Way replaces Terry Gou as Foxconn’s chairman
Terry Gou is preparing to run for Taiwan’s 2020 presidential elections. On Friday, Foxconn stated, it has named the current head of its chip unit as its chairman. Liu Young-Way will now be replacing Terry Gou as Foxconn’s chairman. Foxconn’s… Read More ›