Foxconn Stories March 7

AAPL: 139.52

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Foxconn Stories February 19

AAPL: 135.72

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Foxconn Stories January 22

AAPL: 120.00

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According to President Trump, Tim Cook has “eyes open” to United States-assembled iPhones and a new report from Nikkei reiterates that. According to the report, Apple is “mulling” a joint investment with Foxconn for a $7 billion automated display facility in the United States…

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Foxconn Stories January 10

AAPL: 119.11

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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.

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Foxconn Stories January 9

AAPL: 118.99

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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 …

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Foxconn Stories December 30, 2016

AAPL: 115.82

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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 … 

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