Foxconn invests $82M in EV battery plant in Zhengzhou December 26, 2024 The move is another attempt by Foxconn to diversify beyond its iPhone business with forays into sectors such as EVs, semiconductors and robotics, the South China Morning Post report indicates.
Foxconn to invest $137.5 million in new Zhengzhou HQ July 26, 2024 Taiwan's Foxconn, the world's largest contract electronics maker, has signed a contract with the Henan provincial government to build a 700 acre business headquarters.
Foxconn sets up dedicated EV division January 12, 2024 Foxconn Technology Group is accelerating its move into the automative sector with a newly created division: Foxconn New Energy Automobile Industry Development Co.
Global smartphone shipments remain in a slump May 05, 2023 Smartphone shipments totaled 268.5 million units in 1Q23, according to the latest Omdia smartphone preliminary shipment report. Compared to the previous year, this marks a decrease of 12.7%, and compared to the previous quarter, a 11.1% fall.
Global smartphone production fell by 15.5% YoY in 4Q22 March 10, 2023 Smartphone brands hoped that the promotional activities related to the year-end holiday season or initiated by e-commerce companies would lead to a significant reduction in channel inventory near the end of 2022.
Foxconn close to full production at ill-fated plant January 03, 2023 Foxconn's COVID-hit iPhone plant in China's Zhengzhou city is almost back to full production, reports Reuters citing people with direct knowledge.
Estimated iPhone 14 shipments lowered to 78.1 million units December 29, 2022 The operation of Foxconn's major manufacturing base in the Chinese city of Zhengzhou has been affected by a local COVID-19 outbreak since this October. As a result, the capacity utilisation rate of the base has yet to rise above the level of 70%, reports market researcher Trendforce.
Smartphone production fell to about 289M units in 3Q22 December 07, 2022 According to TrendForce’s latest research, global smartphone production totaled around 289 million units for 3Q22, showing a slight QoQ drop of 0.9% and a YoY drop of 11%.
COVID continues to cause trouble for Foxconn December 05, 2022 Apple supplier Foxconn doesn't expect its plant in Zhengzhou, China – a city recently hit by a COVID outbreak – to resume full production until late December, or even early January.
Apple expects lower shipments of new iPhone models November 07, 2022 As previously reported by Evertiq, COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou, China. The facility is currently operating at a significantly reduced capacity.
Drop in capacity utilisation lowers projected iPhone shipments November 03, 2022 Zhengzhou, the capital China’s Henan Province, was hit with a wave of COVID-19 outbreaks in the middle of October. The spread of the disease eventually reached Foxconn’s manufacturing base, where the number of infections rose significantly in late October.
iPhone production could fall 30% at key Chinese plant due to stricter Covid restrictions October 31, 2022 According to reports, China's stricter COVID-19 restrictions might cause production of Apple's iPhones to decline by as much as 30% at Foxconn's Zhengzhou plant in central China.
Semiconductor industry avoids direct impact of coronavirus February 21, 2020 The semiconductor industry appears to have escaped the direct impact of the coronavirus crisis so far, but the market is likely to suffer the repercussions as the outbreak slows or suspends production among electronics manufacturers, according to Omdia.
Bosch completes the sale of its starter motor division January 03, 2018 At the end of 2017, Bosch has successfully sold its subsidiary SEG Automotive Germany GmbH, the former Robert Bosch Starter Motors Generators Holding GmbH, together with all subsidiaries.
Foxconn starts shipping iPhone X October 19, 2017 EMS-giant Foxconn, has reportedly started shipping iPhone X devises. However the first batches smaller than expected.
ZMJ acquires Robert Bosch Starter Motors Generators May 03, 2017 Bosch plans to sell its subsidiary Robert Bosch Starter Motors Generators Holding GmbH, including all subsidiaries, to the purchaser consortium ZMJ (Zhengzhou, China) and CRCI (Hong Kong, China).
The Foxbot’s are coming – 40’000 installed October 11, 2016 EMS giant Foxconn has reportedly been installed 40’000 robots to take care of manufacturing at several facilities in China.
Foxconn investigating the death of two employees August 23, 2016 EMS provider Foxconn is investigating two deaths at one of its manufacturing facilities in China.
Foxconn to invest billions in Chinese subsidiaries March 31, 2016 The Taiwanese giant is investing about USD 1.65 billion in several of the company's Chinese subsidiaries.
Fire at Foxconn's Zhengzhou Plant January 26, 2016 A fire broke out at Foxconn's Zhengzhou Plant, China, but no casualties were reported.
Apple to go green(er) – Foxconn plans to follow November 03, 2015 Apple has launched two new programs aimed at reducing the carbon footprint of its manufacturing partners in China.
Hon Hai betting on electric vehicles March 23, 2015 Hon Hai Precision Industry – better know as Foxconn – has partnered with Chinese Tencent and car dealer China Harmony Auto Holding to develop opportunities related to electric vehicles.
Is Foxconn lying about stolen iPhones? March 20, 2015 As previously reported, Foxconn has denied that phones were stolen from one of the company's facilities in China. However, the perpetrator has confessed.
Foxconn: no iPhones were stolen March 20, 2015 There has reportedly been some mischief going on at Hon Hai's – Foxconn – facilities in China, with reports claiming that thousands of iPhone 6 phones have been stolen.
Foxconn looking to set up a display plant October 24, 2014 EMS-giant Foxconn, which we all know is making most of the worlds iPhone, is reportedly planning to build a new manufacturing facility in northern China, a facility that would manufacture screens for the phones.
Apple & a new manufacturing partner February 13, 2014 Apple seems a creature of habit and why change a winning concept. However, one little change (read addition) to its line-up of manufacturing facilities for its products has been made.
Foxconn hires for next-gen iPhone? July 10, 2013 EMS-giant Foxconn is reportedly preparing for the production of the next generation iPhone – the iPhone 5s or iPhone 6 – the company is said to be hiring workers for its plant in Zhengzhou.
Three suicides at Zhengzhou Foxconn May 20, 2013 Questions about working conditions EMS-giant Foxconn are being raised once again as non-profit organization China Labor Watch reports on three worker suicides in the last 20 days.
List: Apple's manufacturing partners January 25, 2013 Cupertino-based electronics giant Apple has provided a new supplier list for 2013.
Developing trends – Part 1: Clusters old and new January 03, 2013 This article is the first in a series of three that investigates current and future electronics manufacturing clusters and the predictors to their development. It examines China’s cluster landscape and the catalysts of cluster development.
Foxconn denies reports of strike action October 08, 2012 Foxconn has denied reports that 3000 to 4000 workers went on strike at the company’s plant in Zhengzhou, China on Friday.
4'000 Foxconn workers on strike October 08, 2012 A strike reportedly broke out Friday last week (October 5, 2012) at Foxconn's Zhengzhou factory in China.