Foxconn Stories June 24, 2016

AAPL: 93.40

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iPhone concept from ConceptsiPhone
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With Apple expected to switch to OLED screens for future iPhones, it appears that it may not need to rely completely on the two major manufacturers for long. While Samsung and LG currently manufacture most of the world’s OLED screens between them, Nikkei reports that Sharp expects to be doing the same ‘before 2018’ …

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Foxconn Stories May 25, 2016

AAPL: 99.62

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The South China Morning Post reports that iPhone maker Foxconn has replaced more than half of its workforce with robots since the launch of the iPhone 6. The figures were provided by the local government in Kunshan, where the company is based.

“The Foxconn factory has reduced its employee strength from 110,000 to 50,000, thanks to the introduction of robots. It has tasted success in reduction of labour costs,” said the department’s head Xu Yulian … 

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Foxconn Stories May 13, 2016

AAPL: 90.52

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Foxconn Stories May 12, 2016

AAPL: 90.34

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Foxconn Stories May 9, 2016

AAPL: 92.79

0.07
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According to a new report from The Economic Times of India, Apple supplier Foxconn is close to signing a deal with the Indian government to open an iPhone manufacturing plant in the country. The report claims that Apple and Foxconn have narrowed the location for the factory down to Maharashtra.

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Foxconn Stories April 25, 2016

AAPL: 105.08

-0.60
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Over the weekend, Bloomberg posted an exclusive report of Pegatron’s iPhone plant in China. Although Foxconn is Apple’s primary assembler, Apple has moved more of its iPhone assembly contracts to Pegatron in recent years to diversify its supply chain.

The Bloomberg report describes how the factory is managing its workforce, tracking hours via automated systems, and tackling labor issues like overtime. This is the first time Pegatron has allowed official press to photograph the insides of the factory, where 50,000 people work on the floor.

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