Tag: iphone factory china

Made-in-India iPhones increase as Apple shifts production from China
10Apr By adminNo Comments
Technology

Made-in-India iPhones increase as Apple shifts production from China

[ad_1] iPhones made in India increased in volume and value last year as Apple moved to shift some of its production away from China to diversify its supply chain, South China Morning Post reported.In 2022, the shipment volumes of iPhones manufactured in India increased by 65 per cent year on year. In addition, the value of iPhones rose by 162 per cent, South China Morning Post reported citing a report published by market research firm Counterpoint last week. Last year, Apple accounted for 25 per cent of the value of India's total smartphone shipments, which shows a rise from 12 per cent in 2021, the SCMP reported citing the Counterpoint. China manufactures up to 85 per cent of iPhones around the world, Xinmei Shen said in the South China Morning Post report. However, Beijing faces the r...
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iPhone Maker Foxconn Barely Grows Sales as Tech Demand Withers
6Apr By adminNo Comments
Technology

iPhone Maker Foxconn Barely Grows Sales as Tech Demand Withers

[ad_1] Hon Hai Precision Industry Co. increased revenue by only 3.9% last quarter, underscoring how fears of a recession are crimping demand for iPhones and other consumer electronics.The world's largest maker of Apple Inc. 's devices, known also as Foxconn, reported revenue of NT$1.46 trillion ($48 billion) for the usually slower March quarter. That's down steeply even from the previous three months, when a Covid outbreak prompted protests at its main Zhengzhou facility in central China, disrupting iPhone production for weeks. That complex, known as “iPhone City” for being the largest global production site for Apple's marquee device, resumed normal operations only in January. Analysts estimated revenue of NT$1.45 trillion on average for the first three months of the year. Hon Hai also...
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Apple Supplier Foxconn’s Sales Decline Despite China Reopening
7Mar By adminNo Comments
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...
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Foxconn ends ‘closed loop’ at iPhone megafactory in China
10Dec By adminNo Comments
Technology

Foxconn ends ‘closed loop’ at iPhone megafactory in China

[ad_1] Taiwanese tech giant Foxconn has ended a months-long "closed loop" system at the world's biggest iPhone factory in central China, citing Beijing's nationwide loosening of zero-Covid regulations. Earlier this week, the Chinese government rolled back most mass testing and lockdown requirements to hasten a return to normal life, significantly relaxing three years of restrictions that have tanked its economy and wearied its population. The Foxconn facility in central Zhengzhou was in effective lockdown for 56 days, with workers only allowed to travel between their dormitories and the factory floor on shuttle buses after cases were discovered in October. In mid-November, violent protests by new recruits erupted over salaries and conditions, with hundreds marching and some clas...
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iPhone Crisis! Foxconn’s woes to take bigger toll on giant China plant
25Nov By adminNo Comments
Technology

iPhone Crisis! Foxconn’s woes to take bigger toll on giant China plant

[ad_1] Foxconn's flagship iPhone plant in China is set to see its November shipments further reduced. Foxconn's flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees left the site.The company could now see more than 30% of the site's November production affected, up from an internal estimate of up to 30% when the factory's worker troubles started in late October, the source said. The site, which is the only factory where Foxconn makes premium iPhone models, including the iPhone 14 Pro, is unlikely to resume full production by the end of this month, the source added. The world's largest Apple iPhone factory has been grapplin...
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Foxconn apologises for pay dispute at China iPhone factory
24Nov By adminNo Comments
Technology

Foxconn apologises for pay dispute at China iPhone factory

[ad_1] Foxconn apologised for a pay dispute that triggered employee protests at a factory where anti-virus controls have slowed production. The company that assembles Apple Inc.'s iPhones apologised on Thursday for a pay dispute that triggered employee protests at a factory where anti-virus controls have slowed production.Employees complained Foxconn Technology Group changed the terms of wages offered to attract them to the factory in the central city of Zhengzhou. Foxconn is trying to rebuild the workforce after employees walked out last month over complaints about unsafe conditions. Videos on social media showed police in white protective suits kicking and clubbing workers during the protest that erupted on Tuesday and lasted into the next day.Foxconn, the biggest contract assembler...
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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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Shock move! China calls on retired soldiers to help Foxconn iPhone plant -SSN
17Nov By adminNo Comments
Technology

Shock move! China calls on retired soldiers to help Foxconn iPhone plant -SSN

[ad_1] Local authorities in China's Henan province are urging retired soldiers and government workers to take on stints at Foxconn's iPhone factory in Zhengzhou, the official Shanghai Securities News reported on Tuesday. The plant, the world's largest iPhone manufacturing facility, has been hit by discontent over government mandated measures to curb the spread of COVID-19, which required the company to isolate many workers but also prompted many others to flee in recent weeks. The calls to retired workers have come from authorities in cities such as Jiyuan and Kaifeng, who are saying that those who take up the offer will be eligible to receive their current salary plus wages and bonuses from the factory, the publication said in a piece on its official WeChat account. In Jiyuan, for e...
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Apple Trims iPhone 14 Output by 3 Million Units as Demand Cools
8Nov By adminNo Comments
Technology

Apple Trims iPhone 14 Output by 3 Million Units as Demand Cools

[ad_1] Apple Inc. expects to produce at least 3 million fewer iPhone 14 handsets than originally anticipated this year, according to people familiar with its plans. Apple Inc. expects to produce at least 3 million fewer iPhone 14 handsets than originally anticipated this year, according to people familiar with its plans. The company and its suppliers now aim to make 87 million devices or fewer, compared with a target of 90 million units earlier, the people said, asking not to be named discussing private information. The reduction is primarily due to softer demand for the iPhone 14 and 14 Plus models, cheaper alternatives to the high-end Pro offerings. That comes in addition to supply problems in places like Zhengzhou, which is home to the main iPhone assembly site and is under a ...
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Want iPhone 14 Pro or Max? Then read this
8Nov By adminNo Comments
Technology

Want iPhone 14 Pro or Max? Then read this

[ad_1] Apple Inc. is warning customers they'll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor's factory in central China. Apple Inc. is warning customers they'll have to wait longer to get its latest iPhone models after anti-virus restrictions were imposed on a contractor's factory in central China. The company announcement Sunday gave no details but said the factory operated by Foxconn in the central city of Zhengzhou is “operating at significantly reduced capacity.” “We now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated,” the company said. “Customers will experience longer wait times to receive their new products.” Foxconn Technology Group said earlier it imposed anti-vi...
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