Foxconn fine for unauthorised China investment likely to be imposed soon – source
Foxconn, the world’s largest contract electronics maker, is likely to be fined soon by Taiwan’s government for an unauthorised investment in a Chinese chip maker, a person with direct knowledge of the situation said on Monday.
Apple supplier Foxconn adjusts production to avoid holiday blues
Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to prevent recent COVID-19 curbs at a massive iPhone factory in China from impacting holiday orders.
Shares dip, dollar strengthens as markets eye U.S. inflation data
Shares dipped slightly and the dollar firmed on Thursday, ahead of U.S. inflation data that will influence the Federal Reserve’s rate plans, while the likely collapse of a major digital asset exchange rattled crypto investors.
Apple plans to cut iPhone 14 production lag between China, India – Bloomberg
Apple Inc (AAPL.O) plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from the typical six to nine months for previous launches, Bloomberg News reported on Tuesday.
Foxconn starts to feel sting of slowing smartphone sales
Apple (AAPL.O) iPhone assembler Foxconn (2317.TW) gave a cautious outlook for the current quarter after posting results that exceeded expectations, citing slowing smartphone demand after a pandemic-fuelled boom.
Foxconn predicts more stable supply chain in the second half of 2022
Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, said on Tuesday that the second half of the year is heading “in a better direction” as Shanghai’s COVID-19 lockdown appears to be easing.
Stellantis Celebrates First Anniversary as it Speeds Transformation to Sustainable Mobility Tech Company
Born from the bold and visionary spirit of its founding companies, Stellantis N.V. was created to shape the future of mobility with innovative and sustainable solutions. Today, Stellantis marks its first anniversary with a review of the major milestones accomplished during the past 12 months.
Foxconn India iPhone plant to reopen on Wednesday -legislator
Apple Inc (AAPL.O) supplier Foxconn (2317.TW) will reopen an iPhone manufacturing facility in southern India on Wednesday, government officials and a legislator in the region where the plant is located told Reuters.
EXCLUSIVE Foxconn India iPhone plant extends closure, workers’ hostels inspected
A Foxconn (2317.TW) iPhone factory in India at the centre of a mass food-poisoning incident will extend a week-long closure by an extra three days, a senior official for the state of Tamil Nadu told Reuters.
EXCLUSIVE Foxconn’s India plant to stay shut this week after protests – govt sources
Apple supplier Foxconn’s (2317.TW) plant near Chennai in southern India will remain shut this week following protests sparked by a food poisoning incident, three government sources told Reuters on Tuesday.
