Foxconn Stories Yesterday

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

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

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

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 …

Foxconn Stories October 13

iPhone assembler Foxconn has reported revenues of NT$451.04B (US$14.83B) for September, up 42.4% on the previous month, but down 3.7% year-on-year.

What’s interesting about this is what it appears to indicate about iPhone 8 sales …

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Foxconn Stories September 6

Apple and Foxconn are now rivals in Toshiba bidding in latest twist to saga

The ongoing saga of Toshiba’s sale of its memory chip business seems destined never to end. First it was unclear whether it was Apple or Foxconn bidding for it, then it was both, but possibly neither, then Apple without Foxconn – and in the latest twist, the two are now bidding rivals …

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