A Foxconn-led consortium backed by Apple, Dell and potentially Google is expected to bid for a stake in Toshiba’s NAND storage business. However, the deal is not expected to go through due to regulatory concerns and the Japanese government wary of key technology going out of the country.
A report indicates that Foxconn might be looking to open up 6G (sixth-generation) TFT-LCD manufacturing plants around the U.S. meant for IoT (Internet of Things) devices. These devices will range from mobile terminals to automobiles and medical care.
In an annual year-end party, Foxconn’s chairman Terry Gou reportedly said that the company is mulling an investment of $7 billion with Apple to set up a highly automated display facility in the United States.
Earlier this year, it was reported that Foxconn, a major manufacturing partner of Apple’s, had replaced 60,000 of its workers with robots.
The iPhone is the biggest aspect to Apple’s business at this point, and a new report goes in-depth into Foxconn’s factory where the device is put together.
Foxconn’s CEO Writes an Open Letter to President-Elect Donald Trump about Manufacturing iPhones in the US
Foxconn CEO Terry Gou has written an open letter to President-Elect Donald Trump on the latter’s intention of getting Apple to build iPhones in the United States. Gou starts the letter by congratulating Trump on his win and says that Trump’s victory has made him consider running for the Taiwanese office as well.
Foxconn, along with rival supplier Pegatron, have reportedly been asked to consider future production in the United States.
A Twitter user with the handle @the_malignant has tweeted an image that is supposedly a tray filled with iPhone 7 camera modules. According to the user, the image was snapped inside Foxconn itself and as proof there is another image of a cafeteria table with utensils bearing the Foxconn logo. The tweet goes on to suggest that production has already started for the iPhone 7.
Foxconn, Apple’s biggest manufacturing partner, has replaced 60,000 of its assembly workers with robots. Its workforce at a factory in Kunshan, China, has been reduced from 110,000 people to just 50,000 as a result.
TSMC and Foxconn today released their financial figures for the fourth quarter of 2014 with bumper revenues.