Foxconn posts record September revenues thanks to iPhone 6s


Apple raked in the cash last quarter.
Can there be a better month than September if you're in the iPhone business?
Photo: Jim Merithew/Cult of Mac

iPhone 6s manufacturer Foxconn has posted revenues of $318.4 million for the month of September, largely as a result of Apple’s next-gen handset.

The monster earnings for the month were not only the best month of Foxconn’s year so far, but represented a 30 percent rise from the previous month and an increase of 17.8 percent year-on-year.

And Apple’s main manufacturer is expecting October to be even better!

Chinese devaluation is terrible for Apple, great for its suppliers


Tim Cook meets with Apple Store employees in China.
Tim Cook meets with Apple Store employees in China.
Photo: Apple

China’s surprise devaluation of the yuan is likely to have a massive impact on Apple and its suppliers.

China devalued its currency in an attempt to boost a flagging economy — resulting in the country’s biggest one-day loss in 20 years.

And while some will be celebrating, others (likely including Tim Cook) can’t be too happy about it!

Foxconn may be planning new iPhone-building factories in India

Tim Cook meeting an iPhone manufacturer in China.
Tim Cook meets a worker at one of Foxconn's China factories. Photo: Apple
Photo: Apple

The India government has previously blocked Apple from opening any brick-and-mortar retail outlets in the country because Apple don’t manufacture any products in India.

That could be about to change, however, thanks to a recent rumor claiming that Foxconn has been given permission to open new iPhone-manufacturing plants in Maharashtra, the heavily-populated state in the country’s western region which claims Mumbai as its capital.

The factories would benefit from government funding aimed at bringing more manufacturing companies to India.