India might steal iPhone production from China

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Long-term iPhone XR demand could eventually lead to greater sales than the iPhone XS.
Foxconn will make all three of these 2018 iPhone models in India for the first time.
Photo: Apple

Apple is reportedly significantly increasing iPhone production in India. Rather than just making low-end handsets, the latest top-tier models will be manufactured and sold there.

These will be less expensive than imported units and might improve Apple’s sales in this huge potential market.

Wall Street worries put the hurting on Apple’s suppliers too

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iPhone 8 Foxconn box
A whole lot of companies rely on Apple.
Photo: Feng

It’s not just Apple which relies on, well, Apple to make money. There’s a whole ecosystem of other companies orbiting the giant Cupertino sun, too. And they’re all affected by whatever news raises or lowers Apple’s share price.

That’s what took place this week when Wall Street’s latest wobble about Apple sent out shockwaves through the supply chain. As a result, a whole lot of companies which do business with Apple suffered their own sympathy stock declines.

Apple warns U.S. tariffs would hurt its global competitiveness

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Apple is not about to raise a white flag and give up on China.
Trump’s trade war with China is bad business for Apple.
Photo: Fredrik Rubensson/Flickr CC

Apple warned U.S. trade representatives this week that President Donald Trump’s plan to impose more tariffs on Chinese goods will negatively impact its contributions to the U.S. economy.

In a letter written to U.S. trade representative Robert Lighthizer, Apple urged the government not to impose tariffs. The new set of tariffs would make Apple’s products more expensive and give Apple’s competitors an advantage.

Apple wants to cut down on manufacturing in China

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Larry Kudlow
Tim Cook meets one of the people working on the iPhone factory line.
Photo: Apple

Apple has reportedly asked its main suppliers to evaluate the cost of shifting 15% to 30% of their production from China to Southeast Asia.

This is a response to the burgeoning China and U.S. trade war, which has already impacted Apple’s share price. If new tariffs go into effect, it could drive up the cost of Apple devices considerably.

iPhone chip manufacturing on its way to Indonesia

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iPhone 6s teardown
Pegatron will team up with an Indonesian manufacturer..
Photo: iFixit

Apple manufacturing partner Pegatron plans to invest up to $1 billion in a new iPhone chip plant in Indonesia.

The Taiwanese company outlined its plans in a letter of intent to the Indonesian government, according to a new report. Pegatron plans to work alongside local company PT San Nusapersada.

Today in Apple history: Apple probes Foxconn suicides

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Apple faces criticism for conditions on the iPhone production line in Foxconn factories.
Apple faces criticism for conditions on the iPhone production line.
Photo: SACOM Hong Kong/Flickr CC

May 25: Today in Apple history: Apple responds to Foxconn suicides May 25, 2010: Apple opens an investigation into a string of suicides at Foxconn, its Chinese manufacturing partner.

After reports of a ninth death at a Foxconn factory, Apple says it is “independently evaluating” Foxconn’s response. Cupertino vows to take a long, hard look at the facilities that manufacture its products. It’s a tough challenge for Apple to deal with — and Steve Jobs’ controversial comments don’t exactly help.

Apple’s biggest supplier suffers disappointing Q1 profits

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Foxconn
Foxconn was down 17.7% from the same quarter one year ago.
Photo: CBS

Foxconn is Apple’s biggest supplier, and the world’s largest contract manufacturer. However, that wasn’t enough to stop it from underperforming in its latest quarterly earnings.

The company, whose official title is Hon Hai Precision Industry, reported net profits of T$19.82 billion ($637.26 million) for the first three months of 2019. That might sound good, but it’s down 17.7% from the year-ago quarter.

Apple supplier CEO meets with President Donald Trump

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Terry Gou
Terry Gou is running for president of Taiwan.
Photo: Voice of America/Wikimedia Commons

Foxconn CEO Terry Gou visited President Donald Trump at the White House yesterday. Foxconn, which was founded by Gou, is one of Apple’s biggest manufacturers.

Gou discussed his plans to run for office in Taiwan, where he hopes to become president in next year’s elections. He assured Trump that he would be a friendly partner of the U.S. if elected. “If I am elected, I would be seeking to go to Washington,” he reportedly told the U.S. President.

Foxconn CEO may be headed to White House to discuss Wisconsin factory

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Foxconn
Plan for Foxconn's Wisconsin factory seem to have changed along the way.
Photo: CBS

Departing Foxconn chairman Terry Gou is reportedly heading to the U.S. where he will have a meeting at the White House. The subject of the meeting will be Foxconn’s plans to open a factory in Wisconsin.

Foxconn maintains that it’s working hard to deliver the factory it received $4 billion in tax breaks for. However, behind-the-scenes dealings suggest that the company may be trying to renegotiate terms.