Foxconn ▪ November 20, 2014
Foxconn ▪ November 11, 2014
The potential partnership between Apple and Chinese ecommerce giant Alibaba could facilitate a far more rapid rollout of Apple Pay in the country than if Apple goes it alone, suggests a piece in the WSJ. Tim Cook first revealed that he was in talks with the company at the WSJ Digital conference last month.
One possible scenario is for Alibaba’s financial affiliate, which owns the Alipay electronic-payment business in China, to provide back-end services for Apple’s Apple Pay payment system, allowing iPhone users to pay with Apple Pay using the money from their Alipay accounts, Mr. Tsai said.
Such an arrangement would be significant for two reasons … expand full story
Foxconn ▪ November 10, 2014
Although the iPhone 6 and iPhone 6 Plus launched almost two months ago, availability for Apple’s flagship smartphones can still be hit or miss even from Apple’s own stores. Recent waves of international launches certainly haven’t helped supply meet demand, but Nikkei Asian Review reports that electronics manufacturer Pegatron is “expanding production capacity to handle strong global demand for the iPhone 6.“ expand full story
Foxconn ▪ October 24, 2014
“China is a really key market for us,” said the CEO. “Everything we do, we are going to work it here. Apple Pay is on the top of the list.”
Cook said that Apple would be working to understand the steps needed to bring the new service to China before meeting with local carriers, banks and merchants …
expand full story
Foxconn ▪ October 23, 2014
iPhone assembler Foxconn is apparently hoping to move beyond its relatively low-margin work into more profitable high-end component manufacturing in order to take a bigger slice of revenue from Apple, reports the WSJ.
Apple Inc.’s major assembler Foxconn is in preliminary discussions with a provincial government in northern China for an investment in a new factory that would make high-end screens for iPhones and other mobile devices, people familiar with the talks say.
Foxconn ▪ October 22, 2014