Foxconn stamps out illegal overtime for iPhone X


Foxconn says it took "immediate action" after hearing about illegal overtime for students building the iPhone X.
Photo: Foxconn

Foxconn has wasted little time in responding to reports that high school student interns worked illegal overtime building the iPhone X.

In a statement made to the U.K.’s BBC broadcasting service, a representative for the Foxconn Technology Group said that it has taken, “immediate action to ensure that no interns are carrying out any overtime work.”

Foxconn will be assembling Apple’s HomePod speaker for 2018


Apple's new HomePod smart speaker is ready to rock your house.
HomePod's delay will help Amazon.
Photo: Apple

Foxconn is joining the HomePod supply chain to help assemble Apple’s delayed smart speakers, a new report claims.

Hon Hai Precision Industry Co. — to use Foxconn’s full name — is currently the sole manufacturer of Apple’s iPhone X. However, despite the massive demand for that device, various manufacturing issues with the iPhone X recently caused Foxconn to report its biggest decline in profits in nearly a decade.

That evidently isn’t putting it off working with Apple, however.

iPhone X guts Foxconn profits


Foxconn is moving to India
Photo: Foxconn

Production issues with the iPhone X caused Apple’s biggest supply partner to suffer its biggest decline in profits in nearly a decade.

Hon Hai Precision Industry Co., aka Foxconn, posted its latest earnings today and disappointed investors by posting a 39 percent decline in net income compared to the same quarter last year.

Foxconn wants a piece of growing Apple Watch business


apple watch
Apple is broadening its supply chain for the Apple Watch.
Photo: Apple

The Apple Watch Series 3 experienced a 50 percent sequential increase in sales over the July to September quarter, and Apple is looking to bring in new suppliers to help deliver on the increased demand.

One of the companies that reportedly wants in? Foxconn, a.k.a. the manufacturer which already builds Apple’s iPhones and iPads, but now hopes for a piece of its wearables business assembly too.

Apple, Foxconn execs to discuss iPhone X production woes


iPhone X on its box
Don't delay; get pre-approval today!
Photo: Apple

Apple and Foxconn executives will meet later this month to discuss ongoing iPhone X production woes, according to a new report.

Apple operating chief Jeff Williams is planning to sit down with Foxconn chairman Terry Gou, sources say. It’s likely the subject of that meeting will be to solve manufacturing issues that are causing severe iPhone X supply constraints.

Foxconn has apparently shipped out its first batch of iPhone X orders


iPhone X keynote
Are you planning to get an iPhone X?
Photo: Apple

Two weeks ahead of the iPhone X shipping, Apple supplier Foxconn has reportedly sent out its first batch of finished handsets to Apple.

According to a new report, Foxconn has sent out 46,500 units from its facilities in Zhengzhou and Shanghai, headed for the Netherlands and United Arab Emirates (UAE), respectively.

Foxconn chairman will visit site of company’s first U.S. factory next month


One of Foxconn's many existing factories.
Photo: CBS

Apple supplier Foxconn’s chairman Terry Gou will reportedly visit Wisconsin, site of its first U.S. manufacturing facility, in early October to sign subsidy agreements with the local government.

Wisconsin has recently approved a package of subsidies that will help Foxconn establish manufacturing plants in the state. Ahead of Gou’s visit, the Wisconsin Economic Development Corporation will meet on September 28 to discuss the arrangement.

Apple joins last-ditch bid for Toshiba’s chip division


Everyone wants a piece of Toshiba's chip division.
Photo: Toshiba

Acquiring Toshiba’s chip-making business could still be in play for Apple after all, even though the company’s previous attempts to secure the coveted division with Foxconn fell through.

According to a new report, Apple is part of a “last-ditch” bid to acquire Toshiba’s chip-making ability along with Bain Capital and a few other players. If successful, the acquisition could give Apple a serious weapon in its battle with Samsung for smartphone supremacy.