Tag: iphone china

Five things to know about Taiwan tech giant Foxconn
Technology

Five things to know about Taiwan tech giant Foxconn

[ad_1] China has imposed a strict lockdown on an area of central China housing a vast iPhone factory operated by Taiwanese tech giant Foxconn. The company, also known as Hon Hai Technology Group, is the world's largest contract manufacturer of electronics, including producing 70 percent of all iPhone shipments globally. The firm is also one of the world's biggest employers, with nearly 1.3 million working in factories mostly in China but also across Asia, eastern Europe, Latin America and the United States. Here are five things to know about the tech behemoth, the latest victim of China's no-compromise zero-Covid strategy: - Maverick founder - Terry Gou, once Taiwan's richest man (he ranked 6th this year), started his business in 1974 making television parts. And the rise of ...
Female iPhone Factory Worker Walked 25 Miles to Escape Covid Lockdown in China
Technology

Female iPhone Factory Worker Walked 25 Miles to Escape Covid Lockdown in China

[ad_1] It was Sunday when Dong Wanwan decided to give up her job at the world’s largest iPhone factory and walk home. It was Sunday when Dong Wanwan decided to give up her job at the world's largest iPhone factory and walk home.The 20-year-old had been working for the past three months on the production lines at Foxconn Technology Group's factory in Zhengzhou, one of tens of thousands helping put together Apple Inc. iPhones that would be sent around the globe. It was a coveted job, among the country's best-paid blue-collar gigs. Then Covid began spreading on the manufacturing campus. The factory went into a “closed loop,” walling off the giant complex from the outside world. Trash piled up in hallways. Food was harder to come by. Many who got infected said they were forced to subsist ...
iPhone Maker Lifts Wages, Preps Backup for Covid-Hit China Plant
Technology

iPhone Maker Lifts Wages, Preps Backup for Covid-Hit China Plant

[ad_1] Foxconn is preparing to bring backup production online and raise wages, after an exodus of workers threatened to disrupt an iPhone plant. Foxconn Technology Group is preparing to bring backup production online and raise hourly wages by more than a third, after an exodus of workers threatened to disrupt output at the world's largest iPhone plant ahead of the holidays. Foxconn, whose listed vehicle is Hon Hai Precision Industry Co., 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 the crucial year-end season. Its shares fell 1.4% Monday, the worst decline in three weeks. Social media erupted over the weekend with photos and videos of workers departing the Zhengzhou plant, some on foot, ...
China Locks Down Almost 1 Million People Near iPhone Factory
Technology

China Locks Down Almost 1 Million People Near iPhone Factory

[ad_1] The iPhone manufacturing hub of Zhengzhou locked down one of its most-populated districts to tame a virus flareup. The iPhone manufacturing hub of Zhengzhou locked down one of its most-populated districts to tame a virus flareup, with creeping restrictions throughout China underscoring the constant threat of disruption companies face while the country sticks to Covid Zero. Almost 1 million residents of Zhongyuan district were ordered to stay at home starting Monday, except for when they need to undergo Covid testing, and non-essential businesses have been shut, according to a government notice. The wider restrictions follow the lockdown of some neighborhoods last week, catching many people by surprise after officials had said there wouldn't be a citywide lockdown. iPhone m...