Sunday, October 20

Tag: Hon Hai Precision Industry

Apple Aims to Make a Quarter of the World’s iPhones in India
8Dec By adminNo Comments
World

Apple Aims to Make a Quarter of the World’s iPhones in India

Updated Dec. 8, 2023 12:01 am ETApple and its suppliers aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that, according to people involved.If the plans are achieved, India would account for a quarter of global iPhone production and take further share toward the end of the decade. China will remain the largest iPhone producer.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Apple Aims to Make a Quarter of the World’s iPhones in India
8Dec By adminNo Comments
Technology

Apple Aims to Make a Quarter of the World’s iPhones in India

Apple and its suppliers aim to build more than 50 million iPhones in India annually within the next two to three years, with additional tens of millions of units planned after that, according to people involved.If the plans are achieved, India would account for a quarter of global iPhone production and take further share toward the end of the decade. China will remain the largest iPhone producer.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid
16Nov By adminNo Comments
Technology

iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid

Updated Nov. 14, 2023 10:20 am ETFoxconn Technology, one of Apple’s biggest suppliers, said it has contingency plans in case the company faces repercussions in China over its founder’s bid for the Taiwan presidency. Terry Gou, who has stepped down from executive roles at the company but still holds more than 12% of its shares, qualified on Tuesday to run January’s poll after the election commission said he had obtained more than 900,000 valid voter signatures, three times the number required to become a candidate.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid
14Nov By adminNo Comments
World

iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid

Updated Nov. 14, 2023 10:20 am ETFoxconn Technology, one of Apple’s biggest suppliers, said it has contingency plans in case the company faces repercussions in China over its founder’s bid for the Taiwan presidency. Terry Gou, who has stepped down from executive roles at the company but still holds more than 12% of its shares, on Tuesday qualified to run in January’s poll after the election commission said he had obtained more than 900,000 valid voter signatures, three times the number required to become a candidate.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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For China, Bullying Apple Suppliers Could Backfire Badly
30Oct By adminNo Comments
Money

For China, Bullying Apple Suppliers Could Backfire Badly

China’s surprise investigation into Apple supplier Foxconn, a key link in the iPhone supply chain, may be intended to send a message. The one Apple and its suppliers actually receive might do China more harm than good.Chinese authorities have launched tax and land-use probes into subsidiaries of Foxconn, formally known as Hon Hai Precision Industry, the company confirmed last week. That is surprising since Foxconn, which is the world’s largest contract electronics manufacturer, has long had an amicable relationship with China—and is one of the biggest employers in the country.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Apple Supplier Foxconn Faces Chinese Investigations
22Oct By adminNo Comments
World

Apple Supplier Foxconn Faces Chinese Investigations

Foxconn Technology Group, one of Apple’s biggest suppliers, said it is cooperating with Chinese authorities after Chinese state media said the Taiwan-based contract electronics maker, whose founder is seeking the Taiwan presidency, is subject to tax and land-use investigations across China.China’s state-backed Global Times reported on Sunday that Chinese tax authorities are scrutinizing Foxconn’s facilities in southern Guangdong province and eastern Jiangsu, while natural-resources authorities are conducting on-site investigations into the company’s land use in Henan and Hubei provinces. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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