Tag: Foxconn zhengzhou

Foxconn jobs windfall! Over 100,000 workers hired in big boost for Apple iPhones
18Nov By adminNo Comments
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...
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Foxconn working ‘at fastest speed’ to restore vast China plant
10Nov By adminNo Comments
Technology

Foxconn working ‘at fastest speed’ to restore vast China plant

[ad_1] Taiwanese tech giant Foxconn said it was working quickly to resume full production at its giant factory in central China before the crucial holiday season. Taiwanese tech giant Foxconn, a principal Apple subcontractor, said Thursday it was working quickly to resume full production at its giant factory in central China before the crucial holiday season. Foxconn, also known by its official name Hon Hai Precision Industry, is the world's biggest contract electronics manufacturer assembling gadgets for many international brands. Most of its factories are in China, particularly the eastern city of Zhengzhou where lockdowns were imposed last month, in line with Beijing's zero-Covid policy, after a spike in infections. The huge facility of some 200,000 workers -- dubbed "iPhone...
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iPhone SOS! Foxconn Seen Risking 20% Sales Drop in Worst-Case Covid Shutout
8Nov By adminNo Comments
Technology

iPhone SOS! Foxconn Seen Risking 20% Sales Drop in Worst-Case Covid Shutout

[ad_1] Morgan Stanley analysts have put a value on how much revenue is at risk for Foxconn Technology Group if its Zhengzhou operation is unable to ship any iPhones. Morgan Stanley analysts have put a value on how much revenue is at risk for Foxconn Technology Group if its Zhengzhou operation is unable to ship any iPhones for the rest of the year as it battles a coronavirus outbreak. Though deemed unlikely, the worst-case scenario for Foxconn's main listed unit, Hon Hai Precision Industry Co., would result in a 20% shortfall in expected sales for the current quarter, analysts led by Sharon Shih wrote in a research note Nov. 7. That would also entail a 36% drop in revenue from production of Apple Inc.'s iPhone. Foxconn, the Taiwanese manufacturer best known for being Apple's key d...
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iPhone-Maker Foxconn Slams ‘Malicious’ Video of Staff Deaths as Outcry Grows
1Nov By adminNo Comments
Technology

iPhone-Maker Foxconn Slams ‘Malicious’ Video of Staff Deaths as Outcry Grows

[ad_1] Foxconn has denied claims on social media of several deaths from a Covid outbreak at its main iPhone plant in China. Foxconn Technology Group has denied claims on social media of several deaths from a Covid outbreak at its main iPhone plant in China, calling the widely circulated videos “maliciously edited.” The video, posted by a well-known Chinese dissident on Twitter, described the deaths of eight Foxconn workers inside a company-operated dormitory. The clip had attracted more than 27,000 views as of Tuesday afternoon. Similar posts circulated on Chinese social media including Douyin, the local equivalent of TikTok. The iPhone-maker is grappling with mounting concern that a Covid flare-up at its main Zhengzhou plant could hurt production just as Apple Inc. gears up for ...
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Chinese cities brace for wave of Foxconn workers from COVID-hit Zhengzhou
30Oct By adminNo Comments
Technology

Chinese cities brace for wave of Foxconn workers from COVID-hit Zhengzhou

[ad_1] Zhengzhou reported 167 locally transmitted COVID-19 cases in the seven days to Oct. 29, up from 97 infections in the prior 7-day period. Cities in central China hastily drew up plans to isolate migrant workers fleeing to their hometowns from a vast assembly facility of iPhone maker Foxconn in COVID-hit Zhengzhou city, fearing the returnees may trigger coronavirus outbreaks. Zhengzhou, capital of Henan province, reported 167 locally transmitted COVID-19 cases in the seven days to Oct. 29, up from 97 infections in the prior seven-day period. Taiwan-based Foxconn, which has about 300,000 workers in Zhengzhou, has not disclosed the number of infected workers. Under China's ultra-strict zero-COVID policies, localities are mandated to act swiftly to quell any outbreaks, with mea...
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