foxconn iphone plant

Foxconn subsidiary proposes to set up another iPhone plant in Karnataka

18Jul

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Technology

Foxconn subsidiary proposes to set up another iPhone plant in Karnataka

[ad_1] iPhone assembler Foxconn has a proposal to set up another supplementary plant in Karnataka, according to the state government release. Chief Minister Siddaramaiah chaired a meeting with the Foxconn Industrial Internet CEO Brand Cheng and other delegates here on Monday.Industries Minister MB Patil and IT Minister Priyank Kharge too participated in the meeting. As per the proposal, Foxconn Industrial Internet (Fii), a subsidiary of Foxconn, proposes to invest ₹8,800 crore, the release said, adding this would create 14,000 jobs and the land required for the project is about 100 acres. “The delegates of the company will be taken to Tumakuru to examine the available land at Japan Industrial Township in Tumakuru today itself,” it added. FII will engage in manufacturing screens, and ou...

Apple Supplier Foxconn’s Sales Decline Despite China Reopening

7Mar

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Technology

Apple Supplier Foxconn’s Sales Decline Despite China Reopening

[ad_1] Hon Hai Precision Industry Co.'s February sales fell 11.7% from a year earlier, despite a boost for the iPhone assembler from China's reopening. The Apple Inc. supplier, also known as Foxconn, said monthly revenue dropped to NT$402 billion ($13 billion) last month. Still, first-quarter outlook is “roughly in line with market expectation,” based on sales figures in the last two months, Hon Hai said in a statement Sunday. Lunar new year holidays in China occurred in January this year while in 2022 they took place in February. Output at the Taiwanese company's vast iPhone assembly complex in the Chinese city of Zhengzhou largely resumed normal operations in January, following disruptions from a Covid outbreak. Attention is on how the popularity of iPhones holds up, with over...

Taiwan fines Foxconn for unauthorised China investment

20Jan

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Technology

Taiwan fines Foxconn for unauthorised China investment

[ad_1] Taiwan on Thursday fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm. Taiwan on Thursday fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm, but said the Taiwanese iPhone assembler had cooperated in the case and so received a lesser punishment. Taiwan, which Beijing views as sovereign Chinese territory, has kept a wary eye on China's ambition to boost its semiconductor industry and is tightening legislation to prevent what it says is China stealing its chip technology. Foxconn, a major Apple Inc supplier and the world's largest contract electronics maker, disclosed last July it was a shareholder in Chinese chip conglomerate Tsinghua Unigroup, but said last month it would be sel...

iPhone City Is Back at 90% Capacity After Covid Turmoil Subsides

3Jan

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Technology

iPhone City Is Back at 90% Capacity After Covid Turmoil Subsides

[ad_1] Foxconn Technology Group has brought the world’s largest iPhone plant to about 90% of anticipated peak capacity. Foxconn Technology Group has brought the world's largest iPhone plant to about 90% of anticipated peak capacity, suggesting Apple Inc.'s biggest main production partner has secured enough workers despite a Covid resurgence and recent staff upheaval. Foxconn's plant in the central Chinese city of Zhengzhou is now operating with roughly 200,000 staff, the official Henan Daily reported, citing Foxconn executive Vic Wang. That is about the normal staffing level, based on previous reports. As of Dec. 30, the plant was shipping at 90% of the peak capacity forecast at the start of last year, the representative said. The factory's speedy bounce-back bodes well for produ...

iPhone City Maintains Plant Curbs as China Tweaks Covid Approach

1Dec

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Technology

iPhone City Maintains Plant Curbs as China Tweaks Covid Approach

[ad_1] iPhone assembly plant remains in a closed-loop operation that curtails workers’ movement on campus, potentially complicating the effort to resume full production. Apple Inc.'s most important iPhone assembly plant remains in a closed-loop operation that curtails workers' movement on campus, potentially complicating the effort to resume full production. Foxconn Technology Group is sticking with measures adopted weeks ago limiting staff movements in order to handle a Covid outbreak, according to a person familiar with operations, who asked not to be named as the information is not public. The closed-loop approach restricts workers to their dorms or the factory floor, minimizing the number of other people they come into contact with in hopes of containing the spread of the virus...

What is behind Foxconn’s iPhone factory China woes?

29Nov

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Technology

What is behind Foxconn’s iPhone factory China woes?

[ad_1] Mistrust, miscommunication, COVID curbs. When officials from his Chinese village approached Hou last month, urging him to work at the world's largest iPhone factory for at least twice the usual pay, he knew it was risky.Tens of thousands of workers had fled the plant in central China in previous weeks and violent protests had erupted over a COVID-19 lockdown and confusion over hiring bonuses. But Hou, 24, who asked to be identified only by his family name, told Reuters he took the job at the Zhengzhou plant belonging to Foxconn, Apple's biggest iPhone maker, making 70% of iPhones globally. The crisis could cut production for November at the factory by at least 30%, a Foxconn source told Reuters on Thursday, a development that has hit Apple's share price.The plant owned by Taiwa...

26Nov

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Technology

Foxconn unrest risks iPhone shipments

[ad_1] Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments. Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelled discontent among workers and disrupted production ahead of Christmas and January's Lunar New Year holiday, as many workers were either put into isolation or fled the plant. Following Wednesday's escalation that saw workers clash with security personnel, Foxconn could now see more than 30% of the site's November production affected,...

China widens COVID curbs, Apple factory unrest adds to economy worries

23Nov

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Technology

China widens COVID curbs, Apple factory unrest adds to economy worries

[ad_1] Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors' worries about the economy. Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors' worries about the economy just as fresh unrest at the world's largest iPhone factory highlighted the social and financial toll of these curbs.Across China, cities including the capital Beijing and financial hub Shanghai have closed malls and parks, and imposed limits on the movement of people arriving from elsewhere as infections neared record highs last seen in April. The measures are darkening the outlook for the world's second-largest economy and dampening hopes that China would significantly ease...

Shocking social media videos show PROTESTS at Apple iPhone factory in China over lockdown

23Nov

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Technology

Shocking social media videos show PROTESTS at Apple iPhone factory in China over lockdown

[ad_1] Home Tech News Shocking social media videos show PROTESTS at Apple iPhone factory in China over lockdown Workers are protesting by carrying out a large-scale march at the Foxconn plant in Central China. By: AP | Updated on: Nov 23 2022, 14:09 IST People crossing downed barricades at Foxconn's iPhone plant in Zhengzhou, Central China. (REUTERS) People crossing downed barricades at Foxconn's iPhone plant in Zhengzhou, Central China. (REUTERS) Social media videos show worker protests at world's biggest Apple iPhone factory over pay disputes amid virus lockdown. Follow HT Tech for the latest tech news and reviews , also keep up with us on Twitter, Facebook, Google News, and Instagram. For our latest...

Foxconn jobs windfall! Over 100,000 workers hired in big boost for Apple iPhones

18Nov

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Technology

Foxconn jobs windfall! Over 100,000 workers hired in big boost for Apple iPhones

[ad_1] Apple supplier Foxconn has hit a hiring target of 100,000 new workers for its Zhengzhou plant in China, financial news outlet Yicai reported on Thursday. Apple supplier Foxconn has hit a hiring target of 100,000 new workers for its Zhengzhou plant in China, financial news outlet Yicai reported on Thursday, a milestone that could ease production pressure at the COVID-hit site.Yicai, citing an unidentified high-ranking staffer at the plant, said Foxconn had received more than 100,000 job applications so far and was ending its latest hiring drive. Foxconn, formally known as Hon Hai Precision Industry, did not immediately respond to a request for comment. The plant, the world's largest iPhone manufacturing facility, has since last month faced staff discontent over government mandat...