Apple’s most important manufacturing parter is getting ready to make a huge investment that could make it one of the world’s biggest chipmakers.
The Japanese government is hoping Toshiba will sell itself to a domestic company, but Taiwan’s Hon Hai Precision Industries (aka Foxconn) is preparing to make a huge offer for the company that could shake up the tech world.
Apple is reportedly teaming up with new suppliers to boost production of the iPhone 5c and the iPad mini to meet strong consumer demand, The Wall Street Journal reports.
Wistron Corp., a manufacturer based in Taiwan that already produces smartphones for BlackBerry and Nokia, will be tasked with assembling the iPhone 5c; while Compal Communications, which currently works with Acer, Dell, Lenovo, and others, will manufacturer the iPad mini.
Despite “weaker” orders from Apple during the second quarter, Foxconn managed to post revenue that beat analyst estimates thanks to its increased focus on televisions. The company announced revenue of NT$897 billion ($30 million) over the three-month period, which is 0.6% higher than its second-quarter revenue for 2012, and better than the NT$829 billion expected by analysts.
Apple’s suppliers are to begin shipping components for the next-generation iPhone by the end of May, ready for the handset’s launch during the third-quarter of 2013, according to sources in the supply chain. As suspected, the device won’t be a major upgrade, the sources claim, but rather a “slightly enhanced” version of the iPhone 5 that’s likely to be called the iPhone 5S.
Apple has begun testing high-resolution television set designs with manufacturing partners in Asia, according to a new report from The Wall Street Journal that cites unnamed sources within Foxconn. Both Foxconn and display manufacturer Sharp are said to be involved in the process, which is still in its early stages.
Foxconn CEO Terry Gou has revealed that dealing with Apple’s overwhelming iPhone demand is not an easy task. The company is still struggling to catch up with the strong sales the iPhone has been enjoying, but Gou would not confirm whether the group’s other unit, Foxconn International Holdings, has taken on some of its production.
Foxconn Chairman and President Terry Gou didn’t get where he is by mouthing off details about secret products he is building to the press, but according to a new report, he’s just confirmed that the iPhone 5 is coming… and it’ll make the Samsung Galaxy S III look like a hunk of junk. If it didn’t already.