Foxconn may be hiring less workers because existing workers are more willing to stay on.
Apple stock plummeted recently after a rumor went around that Foxconn had instituted a hiring freeze based upon a slowdown in iPhone 5 production. Foxconn quickly and emphatically deniedthat the freeze had anything to do with the iPhone 5… but what was the cause of the hiring freeze, then?
Here’s an interesting theory: Foxconn had to freeze hirings this year because, under pressure from Apple, they are treating employees so much more nicely that workers are no longer abandoning their jobs in droves after Chinese New Year.
Although these leaked images should be taken with a huge grain of salt, multiple photos purporting to be the rear aluminum shell of the second-generation iPad mini have leaked online, showing the next mini to be slightly thicker than the existing model… highly suggestive of the next iPad mini having a Retina display.
Foxconn has reportedly placed a recruitment freeze across most of its factories in China as the company slows production of the iPhone 5, the Financial Times reports. This is believed to be the first such freeze since 2009, and it’s seen as an emphasis of the “weakening demand” for some Apple products. But does the freeze really have anything to do with Apple’s devices?
At the end of his presentation this morning at the Goldman Sachs Technology and Internet Conference, Tim Cook was asked what he’s most proud of at Apple now that he’s had a full year under his belt as CEO.
Cook was emotional during his response and fought back some tears as he described the things that he’s been the most proud of during his past year at Apple. Above all, Cook said that he’s proud of his employees, but then he gushed for a few minutes on all the great things Apple’s doing, like taking a stand for workers in China.
Is this the iPhone 5S? Leaked images purported to come out of Foxconn are claimed to show Apple’s next iPhone, and it looks pretty much identical to the iPhone 5, although some have noted that there’s at least one small change: the iPhone 5S uses the iPhone 4S’s softer vibration component instead of the louder rotating one used in the iPhone 5.
After facing a lot of scrutiny for the past few years over working conditions at factories in China, Apple has made a lot of progress on cleaning up their manufacturing partners’ facilities. Pay has been increased. Forced overtime and child labor aren’t as frequent. And we haven’t heard of any massive brawls in a while.
Following Apple’s lead, HP has decided to get its act together in China as well by reducing the number of underage student laborers at its facilities in China.
Apple has just released its annual Supplier Responsibility Report, a document that sheds light on the Cupertino-based tech company’s findings about its suppliers’ business practices in 2012. It takes into account excessive work hours, underage labor, and environmental impacts of the manufacturing process, including things like conflict-free minerals.
In the report, the company notes that it is the first technology company to join the Fair Labor Association (FLA), and had the group audit Apple’s biggest supplier, Foxconn, finding that the Chinese manufacturing company is on track to meet the recommendations of the FLA this year.
Apple is said to be preparing three new iPhone handsets for launch during 2013, two of which will appear in June, China Times reports. In addition to a slightly updated iPhone 5S, the Cupertino company is expected to unveil the “iPhone Math,” a larger device with a 4.8-inch display. Both devices are to offer improved internals and an 8-megapixel rear-facing camera.
Tim Cook has kicked off 2013 with a second visit to China. The Apple CEO met with Miao Wei, head of the Ministry of Industry and Information Technology, to discuss the development of China’s information technology industry, mobile communications, and Apple’s expansion in China.
The Cupertino company has doubled its number of retail outlets in the nation, and its iOS devices are becoming increasingly popular there. Cook’s last visit to China came in March 2010 before he pledged “greater investment” in the world’s largest market for consumer technology.
2012 was a very different year for Apple. For starters, it was Tim Cook’s first year as CEO. While much of Apple has remained the same, Cook has definitely shown that he is a different type of leader than his predecessor. Apple is evolving into something new.
Between four press events and the Worldwide Developers Conference in June, Apple announced an unprecedented slew of new products in 2012. Every single major product was refreshed to some extent, which leaves even more speculation as to what Apple has up its sleeve for 2013.
There have been key executive firings and hirings, heated lawsuits, and scandals. In the midst of everything, Apple managed to become the most valuable company on earth.
While there are many big Apple moments from this past year, we’ve gathered what we think are the 10 most notable stories. Here they are: