All items tagged with "Jamie Wang"

Foxconn Prepares For Life After Apple

iphone-5-foxconn

Foxconn has been forced to make preparations for life after Apple following reduced demand for the iPhone and other iOS devices which has caused the company’s revenue to nosedive, The New York Times reports.

The manufacturer has been doing well off the back of Apple’s hugely successful devices in recent years, which have been contributing at least 40% of its revenue, according to analyst estimates. But after suffering a 19.2% drop in revenue during the first quarter of the year, thanks to declining iPhone and iPad orders, Foxconn is now looking at ways in which it can be less reliant on Apple.

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