Techno Blender
Digitally Yours.
Browsing Tag

foxconn iphone plant

Foxconn subsidiary proposes to set up another iPhone plant in Karnataka

iPhone assembler Foxconn has a proposal to set up another supplementary plant in Karnataka, according to the state government release. Chief Minister Siddaramaiah chaired a meeting with the Foxconn Industrial Internet CEO Brand Cheng and other delegates here on Monday.Industries Minister MB Patil and IT Minister Priyank Kharge too participated in the meeting. As per the proposal, Foxconn Industrial Internet (Fii), a subsidiary of Foxconn, proposes to invest ₹8,800 crore, the release said, adding this would create 14,000…

Apple Supplier Foxconn’s Sales Decline Despite China Reopening

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

Taiwan fines Foxconn for unauthorised China investment

Taiwan on Thursday fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm. Taiwan on Thursday fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm, but said the Taiwanese iPhone assembler had cooperated in the case and so received a lesser punishment. Taiwan, which Beijing views as sovereign Chinese territory, has kept a wary eye on China's ambition to boost its semiconductor industry and is tightening legislation to prevent

iPhone City Is Back at 90% Capacity After Covid Turmoil Subsides

Foxconn Technology Group has brought the world’s largest iPhone plant to about 90% of anticipated peak capacity. Foxconn Technology Group has brought the world's largest iPhone plant to about 90% of anticipated peak capacity, suggesting Apple Inc.'s biggest main production partner has secured enough workers despite a Covid resurgence and recent staff upheaval. Foxconn's plant in the central Chinese city of Zhengzhou is now operating with roughly 200,000 staff, the official Henan Daily reported, citing Foxconn

iPhone City Maintains Plant Curbs as China Tweaks Covid Approach

iPhone assembly plant remains in a closed-loop operation that curtails workers’ movement on campus, potentially complicating the effort to resume full production. Apple Inc.'s most important iPhone assembly plant remains in a closed-loop operation that curtails workers' movement on campus, potentially complicating the effort to resume full production. Foxconn Technology Group is sticking with measures adopted weeks ago limiting staff movements in order to handle a Covid outbreak, according to a person familiar with

What is behind Foxconn’s China woes?

Mistrust, miscommunication, COVID curbs. When officials from his Chinese village approached Hou last month, urging him to work at the world's largest iPhone factory for at least twice the usual pay, he knew it was risky.Tens of thousands of workers had fled the plant in central China in previous weeks and violent protests had erupted over a COVID-19 lockdown and confusion over hiring bonuses. But Hou, 24, who asked to be identified only by his family name, told Reuters he took the job at the Zhengzhou plant belonging

Foxconn unrest risks iPhone shipments

Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments. Foxconn's flagship iPhone plant in China is set to see a further reduction in November shipments after the latest bout of worker unrest this week, a source with direct knowledge of the matter said on Friday, as thousands of employees quit. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions that have fuelled discontent among workers and disrupted production ahead of Christmas

China widens COVID curbs, Apple factory unrest adds to economy worries

Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors' worries about the economy. Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors' worries about the economy just as fresh unrest at the world's largest iPhone factory highlighted the social and financial toll of these curbs.Across China, cities including the capital Beijing and financial hub Shanghai have closed malls and

Shocking social media videos show PROTESTS at Apple iPhone factory in China over lockdown

Home Tech News Shocking social media videos show PROTESTS at Apple iPhone factory in China over lockdown Workers are protesting by carrying out a large-scale march at the Foxconn plant in Central China. By: AP | Updated on: Nov 23 2022, 14:05 IST People crossing downed barricades at Foxconn's iPhone plant in Zhengzhou, Central China. (REUTERS) People crossing downed barricades at Foxconn's iPhone plant in Zhengzhou, Central China. (REUTERS) Social

Foxconn jobs windfall! Over 100,000 workers hired in big boost for Apple iPhones

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