Demand for the iPhone 7 is expected to be higher than many people expected, and Apple suppliers are taking on more employees to accommodate.
According to a new report, Foxconn is so desperate to employ new people to work on its production line that’s it been offering bonuses of more than $200 to any employees who can recommend other workers qualified for the job.
The iPhone 7’s not even been officially unveiled yet, and already suppliers are prepping for next year’s tenth-birthday iPhone refresh, according to a new report.
Specifically, an equipment maker called Mirle Automation has reportedly been working on the necessary technology to replicate the 3D curved glass chassis seen on devices like the the Galaxy S7 edge and the new Galaxy Note 7. And it’s paying off.
Apple manufacturer Foxconn is back in the news after acknowledging the death of two of its factory workers in China last week — coming at a time when the company is pushing hard to improve labor conditions and its reputation.
With iPhone demand slowing down, one of the ways in which Apple is hoping to increase earnings is by pushing its suppliers to work for less money — but it doesn’t seem to be going entirely to plan.
According to a new report, Apple is meeting resistance from manufacturers in its Taiwan-based supply chain as it requests that they lower quotes for iPhone 7 components by as much as 20 percent.
Unsurprisingly for a company with the kind of success Apple has experienced, it is quite adept at driving a hard bargain.
According to a new report, Apple has been trying to maintain its high gross margin at a time of slowing smartphone demand by asking its suppliers to work for less money. Major suppliers Largan Precision, Foxconn and Pegatron Technology have all been affected.
Buying the iPhone 7 Plus might not be as big an upgrade as some Apple fans were hoping for this fall.
Apple has allegedly decided to scrap plans to include a dual-lens camera sensor on the back of the iPhone 7 Plus, according to the latest rumor from China that claims the tech isn’t quite ready.
Apple manufacturer Foxconn has been talking about investing in robots for years now, but apparently it’s finally done it — replacing more than half of the employees at one of its factories with machines.
“The Foxconn factory has reduced its employee strength from 110,000 to 50,000, thanks to the introduction of robots,” said a government official, adding that “it has tasted success in reduction of labour costs” and that more companies are now likely to follow suit.
What decline? Apple watchers may be viewing 2016 as the year iPhone numbers finally fall off, but that doom narrative is contradicted by a new report suggesting that Apple has placed far higher than expected numbers for iPhone 7 production for this year.
Apple has reportedly added Wistron as a supplier for its upcoming next-gen iPhone 7 Plus: the 5.5-inch handset we’re expecting to arrive this September.
Although the companies in question haven’t officially confirmed it, Wistron and Foxconn are said to be sharing orders for the plus-sized phone, while Pegatron and Foxconn will split orders for the smaller-size 4.7-inch iPhone 7.
Apple suppliers in Taiwan are already taking on new recruits in preparation for the iPhone 7. Local sources say that the design of this year’s device is more complex to build than previous models, so manufacturers are getting to work early.
Weak demand for the iPhone is causing earnings to fall for a number of suppliers in Asia, and few of them are hopeful that the situation is going to change.
Foxconn, the biggest assembly partner for the iPhone, saw its profit fall 9.2 percent last quarter, while Pegatron’s nosedived a whopping 35.1 percent.
A rare look inside the abandoned facilities where Chinese workers toiled away making iPhones reveals a grim environment that’s a long way from Silicon Valley’s plush lifestyle.
Depressing images reveal the tiny rooms where up to 12 Pegatron workers slept each night, the dirty dining areas where they ate, and the disgusting bathrooms where they washed.
It’s been rumored for some time now, but according to a new report Apple’s main manufacturer Foxconn is on the verge of bringing iPhone production to India, thanks to a new manufacturing plant likely to be based in Maharashtra.
Talks between Apple and German carmakers Daimler and BMW have fallen apart, after Apple sought to strike a deal with the companies for its electric car project.
BMW and Apple have been rumored to be talking about a partnership for nearly a year now. Apple supposedly wanted to use BMW’s i3 carbon fiber body as the basis for its car but it appears that the company will have to go solo for now.
The “Panama Papers” leak of 11.5 million documents from ultra-secretive Panamanian law firm Mossack Fonseca has already named and shamed heads of state, government officials, business owners and celebrities who reportedly evaded tax thanks to the scheme.
But one name which hasn’t been talked about too much is Apple supplier Foxconn, which is accused of evading taxes of up to a massive $22.86 billion via investments in Panama — although the company denies that this is the case.
Two Apple partners, Foxconn and Samsung, are battling it out to provide Apple with next-gen displays for future iPhones.
Samsung, a leader in OLED display research and AMOLED production, is reportedly “on the fast track” to building a dedicated facility with the sole purpose of supplying the high-quality displays to Apple.
Foxconn, meanwhile, recently acquired money-losing display maker Sharp, with the main impetus being to help Foxconn become a market leader in AMOLED panel production.
Foxconn is cementing its importance to Apple by finalizing a deal to acquire a majority interest in struggling iPhone display maker Sharp for a reported 389 billion yen — or $3.5 billion.
The multi-billion dollar bailout of Sharp was originally reported as being completed back in February, only to be placed on hold after previously undisclosed liabilities threatened the deal.
Foxconn, a.k.a. one of Apple’s biggest suppliers, is fighting to piece back together its crumbling deal to take over Japanese electronics firm Sharp — and both sides may well sign a deal this week.
Foxconn, a.k.a. one of Apple’s biggest suppliers, has agreed in principle to a deal to take over struggling Japanese electronics firm Sharp in a takeover worth $5.25 billion in shares.
Apple is reportedly adding a new supplier to help build its eagerly-anticipated 4-inch “iPhone 5se” — giving up-and-coming supplier Wistron a piece of the iPhone-producing pie in an an attempt to “nurture” it as a non-Foxconn Apple manufacturer.
A fire broke out over the weekend a Foxconn factory in China that is used to manufacture iPhones. The fire reportedly started Sunday night, although it was fortunately brought under control by the fire department before too much damage could take place.
Foxconn is looking to take over more of the iPhone manufacturing process as it has offered ¥625 billion ($5.3 billion) to acquire Japanese manufacturer Sharp, which currently manufactures displays for Apple devices.
Would you shell out an extra $50 for your iPhone if it were made in the United States?
Maybe, but getting consumers to pay more isn’t even the most unrealistic aspect of Donald Trump’s goal of forcing Apple to bring manufacturing back to America.
With its allegations of sweatshop conditions and worker suicides, even the masterful spin provided by Steve Jobs wasn’t able to turn negative public opinion about Foxconn, one of the main manufacturers which builds Apple devices.
But Foxconn is hoping to change people’s minds about its facilities — by opening a new “technology tourism factory” in Jiangsu, China, designed to give outsiders a peak into a (carefully managed) version of the Foxconn working experience.
Quanta is reportedly set to enter trial production of the Apple Watch 2 by the end of this month, with a likely launch around April. That means we’d see the sequel wearable just a year after Apple introduced the product line.