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Foxconn

Foxconn iPhone Sales

‘Disappointing’ iPhone sales lead to 19% revenue decline at Foxconn

April 10th, 2013

Just because the iPhone is still the world’s best-selling smartphone, that doesn’t mean its sales can’t be disappointing relative to expectations. Reuters reports that iPhone manufacturer Hon Hai, which trades publicly as Foxconn, reported a 19% decline in revenue compared to a year ago. What’s more, Reuters says that the decline is due primarily to …

Foxconn Bribery Probe

Foxconn worker arrested in bribery probe

January 9th, 2013

Hon Hai and its manufacturing subsidiary Foxconn are the subject of a bribery probe in China, the company confirmed on Wednesday. According to a statement given to The Wall Street Journal, authorities in China are investigating the alleged bribery of supply chain companies by Foxconn employees. “We are working with law-enforcement officials who we brought in to …

Apple Foxconn Working Conditions

Working conditions begin to improve at Apple partner’s factories

December 27th, 2012

It has been nearly a year since Apple (AAPL) CEO Tim Cook addressed the unsafe working conditions in the company’s supply chain factories. Following an investigation from the Fair Labor Association that found a number of Chinese labor law violations, Apple and Foxconn (2038) agreed to improve conditions. The companies planned a series of reforms, …

Foxconn Brazil Expansion

iPhone maker Foxconn buys 350 more acres of land in Brazil

November 16th, 2012

Foxconn has big plans for Brazil and the manufacturing giant just took another step toward realizing them. Parent company Hon Hai on Friday announced that subsidiary Foxconn CMMSG Industria de Electronicos has purchased more land in Brazil, AFP reports. The transaction with Toulouse Incorporacao will see Foxconn gain approximately 350 acres and it will cost the company $12.64 …

Foxconn 130-inch Ultra HDTV Rumor

Foxconn could build 130-inch Ultra HDTV panels for 2013 launch

November 10th, 2012

Sony’s (SNE) $25,000 84-inch Ultra HDTV with 4K resolution might soon look puny compared to flatscreens that have even larger displays, according to a DigiTimes report. The report claims Foxconn could build 70-inch, 80-inch and even 130-inch panels with Ultra HD resolution in them. As a major investor in Chimei Innolux (CMI),  Taiwan’s largest LCD maker, Foxconn’s goal is …

Foxconn American Manufacturing Plants

iPhone manufacturer Foxconn may set up plants in the U.S.

November 8th, 2012

While it’s unlikely that iPhones will have “Made in the U.S.A.” proudly stamped on them anytime soon, that doesn’t mean American tech manufacturing is dead. Unnamed sources have told Digitimes that iPhone manufacturer Foxconn has “plans to establish manufacturing plants in the US and is currently conducting evaluations in cities such as Detroit and Los …

China Mobile iPhone 5

Foxconn says iPhone 5 is the most difficult device it has ever built

October 17th, 2012

Still can’t get an iPhone 5? It might be Apple’s (AAPL) fault and not just a display production shortage. According to The Wall Street Journal, a Foxconn official who wished to remain anonymous said the “iPhone 5 is the most difficult device that Foxconn has ever assembled” and even now, workers are still learning how to manufacture …