Foxconn

Apple Contract Manufacturers Cutting down on Staff, Freezing Hiring Due to Decrease in Demand

Apple Contract Manufacturers Cutting down on Staff, Freezing Hiring Due to Decrease in Demand

As per a new report by Financial Times, Apple is slowing down its production and reducing the staff intake. The demand for smartphones has plunged down due to the COVID-19 outbreak and this is having a direct impact on Apple’s supply chain.

Foxconn Says It Has Secured Enough Workers to Meet ‘Seasonal Demand’ for iPhone 12 Production

Foxconn Says It Has Secured Enough Workers to Meet ‘Seasonal Demand’ for iPhone 12 Production

Due to Coronavirus pandemic, many were critical of when Apple’s supply chain will return to normal and cater to iPhone 12 demands. A new report from Nikkei says that Foxconn, one of the largest iPhone manufacturer has finally managed to hire enough workers to meet ‘seasonal demand.’ The statement also implies that Foxconn seems to be finally recovering from the COVID-19 shutdown and picking pace.

Foxconn Lures Workers in China with Bonuses, Free Meals, Accommodation, Transportation

Foxconn Lures Workers in China with Bonuses, Free Meals, Accommodation, Transportation

The coronavirus epidemic has hit Apple’s production line. Foxconn is now trying to lure back its employees with incentives like bonuses, free meals, shuttles, and company provided accommodation.

Apple Supplier Foxconn Sees Fairly Small Impact of Coronavirus Outbreak, but It Could Change

Apple Supplier Foxconn Sees Fairly Small Impact of Coronavirus Outbreak, but It Could Change

In spite of the Wuhan Coronavirus outbreak in China, Foxconn has reportedly seen a “fairly small impact” on its production lines. However, it could face a big hit if the Chinese government forces factories to remain closed for another week.

Foxconn Launches an Internal Inquiry into Employees Who Sold iPhones with Defective Parts

Foxconn Launches an Internal Inquiry into Employees Who Sold iPhones with Defective Parts

Foxconn is one of the major manufacturing partners for the iPhone. The company has conducted an internal investigation into allegations of fraud. Apparently, Foxconn employees sold iPhones with defective parts.

Foxconn Faces Challenges as It Plans to Ramp up iPhone Production in India

Foxconn Faces Challenges as It Plans to Ramp up iPhone Production in India

Trade war between the U.S and China has alarmed tech giants. Starting from December this year, iPhones will attract 15% tariff duty. Apple has said that it will absorb the duty by reducing the cost of parts. However, the move might not be sustainable and in the end customers may have to bear the brunt. Amid tensions, other Asian countries including India are prepping themselves as an alternate manufacturing destination for iPhone.

Foxconn Is Recruiting Thousands of Workers to Assemble 2019 iPhones

Foxconn Is Recruiting Thousands of Workers to Assemble 2019 iPhones

Foxconn is reportedly hiring thousands of employee to gear up for the upcoming iPhone launch. Apple is scheduled to launch new iPhones next month and typically the demand is at a peak in the first few months of launch.

Foxconn’s CEO Terry Gou to Step Down, Confirms iPhone Production to Start in India

Foxconn’s CEO Terry Gou to Step Down, Confirms iPhone Production to Start in India

Foxconn’s CEO Terry Gou has announced that he will be stepping down from running the day-to-day operations of the company later this year. He is now looking to hand over the running of the company to younger management.

Foxconn Considering Setting Up iPhone Factory in Vietnam

Foxconn Considering Setting Up iPhone Factory in Vietnam

Foxconn is considering setting up an iPhone factory in Vietnam to avoid any issues due to the trade war between China and the United States. Apart from Vietnam, Foxconn is also considering Thailand as an option.

Foxconn Acquiring Belkin, Linksys, and Wemo for $866 Million

Foxconn Acquiring Belkin, Linksys, and Wemo for $866 Million

Foxconn, known primarily for assembling iPhones and various other products for Apple, today announced that it has acquired Belkin. The latter is primarily known for its high-quality iPhone and MacBook accessories. However, Belkin also own two other popular brands: Linksys and Wemo.