Amid rumors of plans to move to the United States, cut iPhone orders, and expansions to India, Foxconn today announced that it saw its first-ever annual sales decline in 2016 since it went public in 1991. The company’s decline is being blamed on “lukewarm” demand from Apple, its biggest client, according to Nikkei.
Foxconn Stories January 10
Foxconn Stories January 9
Foxconn appears to be taking full advantage of its acquisition of Sharp as the display maker is reported to be setting up an OLED production line at an iPhone assembly factory. All of the OLED production there is said to be destined for upcoming iPhone models, according to a Nikkei report cited by Digitimes.
Sharp plans to invest JPY100 billion (US$864 million) to set up an OLED production line at Foxconn Electronics’ factory in Zhengzhou City, northern China.
However, the facility won’t be ready for this year’s iPhones, as trial production is not expected to begin until 2018 or 2019 – though the company may be making OLED units for the iPhone 8 elsewhere …
Foxconn Stories December 30, 2016
Romantic images of bringing iPhone production back to the USA to create jobs were given a further blow today when Apple’s main iPhone assembler Foxconn announced that it has already deployed 40,000 robots on its production lines, and is working towards a goal of fully-automated factories.
Foxconn has already replaced more than half its workforce with robots since the launch of the iPhone 6, and the company’s Automation Technology Development Committee general manager Dai Jia-peng said that this was just the start of a three-phase plan …
Foxconn Stories December 29, 2016
David Barboza takes an in-depth and investigative look into the many moving pieces that have and continue to help Apple maintain the foothold it has in China to this day. Combing through confidential government records and a swath of interviews, Barboza explores the complexities technology companies like Apple have to go through to make manufacturing a success overseas. At the same time, the piece highlights the difficulties companies will encounter when attempting to bring manufacturing back to the U.S.
Foxconn Stories December 28, 2016
While Foxconn has expressed somewhat of an interest in potentially moving a portion of its operations to the United States, other supply chain manufactures that Apple relies on are reportedly less interested in making the jump. According to a report from Chinese publication qq, manufacturers are turned off by higher labor and operating costs in the United States.
Foxconn Stories December 26, 2016
According to a new report from Chinese news outlet the Economic Daily News, Apple is “aggressively” working to expand its presence in Southeast Asia. The company has been working with Foxconn on the efforts, the report explains, further strengthening the partnership between the two parties.