Apple manufacturer Foxconn is setting up an automotive arm, just as Cupertino is reportedly gearing up to build an Apple Car. This could make Foxconn a prime manufacturing partner, much in the same way that the Taiwanese company currently assembles iPhones and other devices for Apple.
Foxconn, Apple’s largest supplier, looks to be getting in on the electric vehicle business. According to a Monday report from Bloomberg, the Taiwanese manufacturer is in talks to invest in Chinese EV startup Byton.
Foxconn reportedly plans to invest around $200 million in the company to begin mass-manufacturing the anticipated Byton M-Byte car by Q1 2022. An announcement could come as early as today.
Apple has reportedly asked Foxconn to shift some iPad and MacBook production from China to Vietnam. The move is said to be a precautionary measure designed to minimize any impact of ongoing trade tensions between the U.S. and China, sources say.
Apple has asked a number of manufacturing partners to begin building foldable iPhone prototypes, according to a new report. Foxconn and Nippon Nippon have been tasked with providing samples for testing.
It is believed the first foldable iPhone could make its debut as early as 2022.
Apple’s partnership with Foxconn, its largest manufacturing partner, is “eroding” as a result of the supposedly shady tactics that Foxconn is using in an effort to boost profits, according to a new report.
It is claimed that Foxconn has exaggerated hiring counts, used Apple equipment to produce orders for other companies, and cut corners on component and product testing.
Foxconn, Apple’s biggest manufacturing partner, is reportedly developing its own augmented reality (AR) smart glasses. These will be used in retail, smart factories, and smart medical care.
The AR glasses will utilize micro LED displays, one of the next-gen display technologies that Apple plans to use in future products. Apple is also said to be hard at work on its own AR glasses, tentatively dubbed “Apple Glass.”
Apple manufacturer Foxconn said Wednesday that it plans to split its supply chain in two. One segment will service the China market, while the other will focus on the United States.
Foxconn chairman Young Liu said the manufacturing giant now operates 30% of its capacity outside China, up from 25% last June. In recent years, the company began moving manufacturing to other regions such as Southeast Asia to avoid possible tariffs on Chinese goods headed to the United States.