Long time Apple manufacturer Foxconn has revealed that its U.S. corporate headquarters will be located in Milwaukee, Wisconsin.
This is close to its proposed U.S. factory in Wisconsin, which will reportedly be used for producing smartphone displays for clients. Foxconn is building a sprawling $10 billion campus in the area as part of President Donald Trump’s bid to bring manufacturing jobs back to the U.S.
Foxconn has been working with Apple for the past couple of decades, and together they have raked in billions of dollars. However, with smartphone sales plateauing and Apple looking to broaden its supplier base, Foxconn is trying to reinvent itself.
Speaking at a 30th anniversary event for the manufacturing giant on Wednesday, founder Terry Gou described how Foxconn plans to get further into making its own hardware as well as embracing software options like cloud computing. Including one slightly unusual idea.
The Foxconn-owned Sharp Corp. has agreed a deal to acquire an 80 percent share in Toshiba’s PC business. Foxconn currently assembles Macs for Apple, while Sharp is an iPhone display maker.
The move won’t compete directly with Apple, although it puts Foxconn and Sharp in charge of a company which, at its 2011 peak, sold 17.7 million PCs in a year. That number fell to just 1.4 million units last year. Toshiba led the world in producing some of the earliest laptops. Its first laptop launched in 1985.
Apple is known for exerting a lot of control over the manufacturing of its products, and it’s reportedly set to ramp up this control even further.
Beginning with its new MacBook models, Apple will reportedly carry out direct pricing negotiations for the screws and assorted non-key metallic and plastic parts used on its devices, which are currently purchased directly by its contracted supply partners.
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.
The percentage of each iPhone made in the U.S. may increase, claims a new report, suggesting that manufacturer Foxconn’s proposed Wisconsin factory will be used for producing small and medium-sized LCD — and possibly eventually OLED — smartphone displays.
That’s a change in strategy from the original plan, which reportedly focused on large-sized displays for televisions and monitors. Foxconn allegedly made the decision due to cost considerations.
Apple is reportedly going all-in on MicroLED displays, and long-time supplier Foxconn wants to get in on the action!
According to a new report, the Foxconn Group recently took a 7.32 percent share in the company Epileds Technologies, and aims to soon buy anoter 20 million shares to become its largest shareholder. Epileds is one of only a couple of Taiwan-based LED firms that have valuable RGB technological capabilities key to MicroLED technology.
Long-time Apple device manufacturer Foxconn is about to get even closer to Apple — thanks to its acquisition of well-known iPhone accessory maker Belkin.
According to a new report, Belkin International will be bought by FIT Hon Teng, a Hong Kong-based subsidiary of Foxconn for a massive $866 million. The acquisition also includes Linksys and Wemo-branded products and services, as well as the smart home water management company, Phyn.
Apple suppliers have begun shipping the first HomePod units ahead of the smart speaker’s much-anticipated launch. Just 1 million devices are on the way initially. However, Apple is expected to receive as many as 12 million by the end of this year.