Tag Archive: Foxconn

Leading iPhone manufacturer Foxconn has failed to secure a stake in a Taiwanese chip company with the potential to earn massive amounts of cash from Apple. Foxconn had made a bid for a share in Siliconware Precision Industries (SPIL), offering a share swap which would have made it the largest shareholder in the company. Unfortunately for […]

(via Cult of Mac – Tech and culture through an Apple lens)

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iPhone 6s manufacturer Foxconn has posted revenues of $ 318.4 million for the month of September, largely as a result of Apple’s next-gen handset. The monster earnings for the month were not only the best month of Foxconn’s year so far, but represented a 30 percent rise from the previous month and an increase of 17.8 percent year-on-year. And […]

(via Cult of Mac – Tech and culture through an Apple lens)

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Mercedes won’t become Foxconn for the Apple Car

Steve Jobs may have famously driven a silver Mercedes SL55 AMG without a license plate, but don’t think that Mercedes-Benz is lining up to be the company that builds Apple’s much-rumored electric car. “We do not plan to become the Foxconn of Apple,†said Dieter Zetsche, chief executive of Daimler, the company which builds Mercedes vehicles, speaking […]

(via Cult of Mac – Tech and culture through an Apple lens)

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Apple supplier Foxconn is reportedly cutting costs and widening its margins to keep ahead of the pack as the Chinese smartphone market slows, according to a new report. Although Foxconn’s CEO Terry Gou has been outspoken about his desire to not rely too heavily on any one company, Foxconn currently gets around half of its […]

Foxconn plans to build first Apple plant in India

Apple supplier Foxconn has come under fire over the last few years for its factories’ working conditions in China, but the company is now making plans to open up a new Apple plant in one of the world’s other booming… Read more ›

The India government has previously blocked Apple from opening any brick-and-mortar retail outlets in the country because Apple don’t manufacture any products in India. That could be about to change, however, thanks to a recent rumor claiming that Foxconn has been… Read more ›

Foxconn invests in iOS competitor Cyanogen

Foxconn has become one of the world’s biggest tech suppliers thanks to its close relationship with Apple assembling iPhones and iPads, but the Chinese company is looking to hedge its bets by investing in the competing Cyanogen operating system. The… Read more ›

Foxconn’s CEO Terry Gou is no fan of Samsung. In fact, according to a new report, he’s been trying to use his influence as Apple’s biggest manufacturing partner to get Apple to lessen its dependency on Samsung — while a… Read more ›

Looking for more evidence that China is set to take over from the U.S. as Apple’s biggest market? According to a report from the Chinese-language news outlet Tencent, Foxconn is currently buying 50,000-60,000 second-hand iPhones per day through worldwide channels, and then… Read more ›

Having been the subject of Pulitzer Prize-winning reports and BBC documentaries, the questionable standards of conditions at Apple supplier Foxconn’s factories has made the company notorious, while its work building iPhones has made it rich. But a new tour of… Read more ›