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Nvidia, Foxconn Partner on Electric Vehicles

Graphics chip maker Nvidia Corp. NVDA -2.13% is partnering with electronics-component maker Foxconn Technology Group on electric vehicles, as both tech companies continue to push into the booming market. The two companies on Tuesday announced the partnership, where Foxconn, a contract manufacturer best known for its work on Apple Inc. products, would produce electronic control units based on Nvidia’s Drive…

Apple iPhone Output in China Begins to Catch Up Despite Covid-19 Issues

Covid-19 issues in China are still hampering manufacturing of Apple Inc.’s AAPL 3.17% iPhone, but production is beginning to catch up to demand for the more-expensive Pro models, according to analysts and people involved in the supply chain. Models such as the iPhone 14 Pro Max, which starts at about $1,100, are integral to Apple’s strategy of increasing revenue when growth in the overall global smartphone market is slowing. That strategy took a hit in October when…

Apple Production in China Begins to Catch Up Despite Covid-19 Woes

Covid-19 issues in China are still hampering manufacturing of Apple Inc.’s AAPL -3.07% iPhone, but production is beginning to catch up to demand for the more-expensive Pro models, according to analysts and people involved in the supply chain. Models such as the iPhone 14 Pro Max, which starts at about $1,100, are integral to Apple’s strategy of increasing revenue when growth in the overall global smartphone market is slowing. That strategy took a hit in October when…

India’s Manufacturing Push Takes an Audacious Gamble on Chips

DHOLERA, India—India plans to transform a vast tract of salty marshland in Prime Minister Narendra Modi ‘s home state into the most ambitious demonstration of its push to be recognized as a serious player in advanced manufacturing, and an alternative to China.Spanning some 355 square miles, the agglomeration of 22 villages in Dholera in India’s western state of Gujarat is a pet project of Mr. Modi. When he was chief minister of the state, he envisioned developing the underused land into the…

Letter From Apple Supplier Foxconn’s Founder Prodded China to Ease Zero-Covid Rules

A letter from the founder of the world’s largest iPhone assembler played a major role in persuading China’s Communist Party leadership to accelerate plans to dismantle the country’s zero-tolerance Covid-19 policies, according to people familiar with the matter.In the letter to Chinese leaders, Foxconn Technology Group founder Terry Gou warned that strict Covid controls would threaten China’s central position in global supply chains and demanded more transparency…

Letter From Top Apple Supplier Foxconn Prodded China to Ease Zero-Covid Rules

A letter from the founder of the world’s largest iPhone assembler played a major role in persuading China’s Communist Party leadership to accelerate plans to dismantle the country’s zero-tolerance Covid-19 policies, according to people familiar with the matter. In the letter to Chinese leaders, Foxconn Technology Group founder Terry Gou warned that strict Covid controls would threaten China’s central position in global supply chains and demanded more transparency into restrictions on the company’s…

Foxconn’s November Revenue Drops 11% After Covid Outbreak at iPhone Factory

Foxconn Technology Group‘s November revenue dropped 11% from a year earlier after shipments from Zhengzhou, the world’s biggest iPhone assembly site, were affected by a Covid-19 outbreak, the company said Monday. Foxconn’s November revenue fell to 551.1 billion new Taiwan dollars, equivalent to $18 billion, from NT$621.7 billion a year earlier, the company said. Since October, Foxconn has been scrambling to contain a Covid outbreak at its Zhengzhou site in China, a sprawling…

Apple Makes Plans to Move Production Out of China

In recent weeks, Apple Inc. AAPL -0.34% has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and Vietnam, they say, and looking to reduce dependence on Taiwanese assemblers led by Foxconn…

Apple iPhone Factory in China Offers $1,400 Payments to Quell Worker Unrest

HONG KONG— Apple Inc. AAPL 0.59% said it was working to resolve worker complaints at the world’s biggest iPhone factory in China, after police were filmed beating protesting employees at the plant this week and employees began an exodus Thursday.Labor groups have criticized Apple for failing to adequately protect the rights of workers at the vast Zhengzhou site, operated by Foxconn 2317 -0.50% Technology Group and where…

Apple to Address Worker Complaints After Unrest at China iPhone Factory

HONG KONG— Apple Inc. AAPL 0.59% said it was working to resolve worker complaints at the world’s biggest iPhone factory in China, after police were filmed beating protesting employees at the plant this week and employees began an exodus Thursday.Labor groups have criticized Apple for failing to adequately protect the rights of workers at the vast Zhengzhou site, operated by Foxconn 2317 0.50% Technology Group and where…