Foxconn Stories February 13

Foxconn branching out from iPhones into more expensive devices as it seeks to diversify

iPhone assembler Foxconn is seeking to diversify its production lines as it says the smartphone market has become stagnant. The company currently relies on Apple for around half of its revenue, but has ambitious plans for even higher-end manufacturing …

Foxconn Stories January 12

Both Foxconn-owned Sharp and Japan Display are gearing up to compete with Samsung and LG for Apple orders for OLED screens, say supply-chain sources …

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Foxconn Stories November 23, 2017

Foxconn said it took ‘immediate action’ to end the illegal hours being worked by high school students on the iPhone X production line.

The statement follows confirmation by Apple that students aged 17-19 were allowed to work more than 40 hours per week despite this being in breach of both the law and the company’s own policies …

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Foxconn Stories November 21, 2017

Apple has confirmed a Financial Times report that high school students interning at Foxconn exceeded their legal hours while working on the iPhone X production line. The company has, however, denied claims that the students were forced to carry out the work as a condition of graduation from school.

The report relates to 3,000 high school students who take part in a three-month long work experience program …

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Foxconn Stories November 14, 2017

Foxconn quarterly profit falls by 40% due to iPhone X production delays

Foxconn reported its largest year-over-year earnings decline in a decade because of the initial iPhone X production problems. Via Bloomberg, Hon Hai Precision Industry Co. (Foxconn) profits fell to $700 million in calendar Q3, a 40% decline compared to the same quarter in the previous year.

Foxconn Stories November 6, 2017

Foxconn joining roster of Apple Watch suppliers, may be looking for assembly orders

Foxconn will be supplying System in Package (SiP) for the Apple Watch from next year though its affiliate ShunSin Technology, according to a supply-chain report …

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