China Lockdown: Major Apple iPhone Plant Faces The Brunt Of Restrictions
2 years, 1 month ago

China Lockdown: Major Apple iPhone Plant Faces The Brunt Of Restrictions

News 18  

-China ordered an industrial park that houses an iPhone factory belonging to Foxconn to enter a seven-day lockdown on Wednesday, in a move set to intensify pressure on the Apple supplier as it scrambles to quell worker discontent at the base. The Zhengzhou Airport Economy Zone in central China said it would impose "silent management" measures with immediate effect, including barring all residents from going out and only allowing approved vehicles on roads within that area. Market research firm TrendForce said it had cut its iPhone shipments forecast for the fourth quarter by 2-3 million units, from 80 million previously, due to the troubles at the Zhengzhou plant, adding that its investigation of the situation found that the factory's capacity utilization rates were now around 70%. It believed Foxconn's production of the iPhone Pro and Pro Max models would continue exclusively at the Zhengzhou base in the short-term but that Apple was planning to spread the series' production-related risks by diverting orders to rival makers Luxshare and Pegatron, it added. Reuters reported earlier this week that the plant's November output could fall by 30% due to the COVID situation and that Foxconn was working to boost production at another factory in Shenzhen.

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History of this topic

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say
5 days, 2 hours ago

Apple AI in China: In talks with Tencent, ByteDance to roll out AI features, sources say

The Hindu  

Apple is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter. ChatGPT is not available in China and the country's regulatory requirements mandate that generative AI services obtain government approval before public release, forcing Apple to seek local partners for its AI …

Building Apple products has become a side hustle for China’s biggest EV maker
3 weeks, 2 days ago

Building Apple products has become a side hustle for China’s biggest EV maker

Live Mint  

Apple products say on the box “assembled in China," leaving the mystery of who did the assembling. BYD, known globally as Tesla’s most formidable EV competitor, has a second business manufacturing electronics, and it has grown to assemble more than 30% of Apple’s tablets, according to industry executives and analysts. Cook said on Chinese social media that BYD was among …

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?
1 month, 4 weeks ago

Apple’s Sales in China Are Stalling. What Will It Sacrifice to Turn Things Around?

Wired  

“Our objective is to move as fast as we can, obviously, because our objective is always to get features out there for everyone. We have to understand the regulatory requirements before we can commit to doing that and commit a schedule to doing that.” In this context, Apple’s decision to open up its biggest research center outside of the US …

Foxconn to build new business HQ in Henan
4 months, 4 weeks ago

Foxconn to build new business HQ in Henan

China Daily  

Foxconn Technology Group, the world's largest electronics manufacturing contractor, plans to invest 1 billion yuan to establish a new business headquarters in Zhengzhou, Henan province, as the company is diversifying revenue sources and reducing its heavy dependence on assembling Apple's iPhones. Roger Sheng, vice-president of research at US market research company Gartner, said Foxconn is diversifying its business layout and …

Foxconn to invest 1b yuan in new headquarters
5 months ago

Foxconn to invest 1b yuan in new headquarters

China Daily  

The logo of Foxconn is seen at Longhua district, Shenzhen, Guangdong province, Sept 3, 2022. Foxconn Technology Group, the world's largest electronics manufacturing contractor, plans to invest 1 billion yuan to establish a new business headquarters in Zhengzhou, Henan province, as it has signed a strategic partnership with the provincial government. With a construction area of approximately 70,000 square meters, …

China's smartphone shipments reach 69.3m units in Q1
7 months, 2 weeks ago

China's smartphone shipments reach 69.3m units in Q1

China Daily  

A consumer checks out an Honor smartphone at a store in Shanghai in January. WANG GANG/FOR CHINA DAILY BEIJING - China's smartphone shipments grew by 6.5 percent year on year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed. Although this growth figure was supported by a low comparison base year, it …

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion
8 months, 2 weeks ago

Apple's major milestone: Company now makes 1 in 7 iPhones in India as output hits $14 billion

Hindustan Times  

Apple increased its iPhone production in India as the company assembled $14 billion worth of iPhones in fiscal 2024, Bloomberg reported. Foxconn and Pegatron, two major Taiwanese manufacturers, played a significant role in boosting Apple's production output in India. China is the largest iPhone-making hub in the world but Apple is ramping up iPhone production in India as it strategically …

Apple to open eighth flagship store in Shanghai
9 months, 1 week ago

Apple to open eighth flagship store in Shanghai

China Daily  

Shoppers look at products at an Apple Store on Nanjing Road Walkway in Shanghai on Aug 23, 2023. Apple Inc will open a new flagship store named Apple Jing'an in central Shanghai on March 21, the US tech giant announced on Monday. Attracting more than 83.4 million yuan of investment, Apple Jing'an is the company's second-largest flagship store after the …

Apple China iPhone sales plunge 24% as Huawei's popularity surges
9 months, 2 weeks ago

Apple China iPhone sales plunge 24% as Huawei's popularity surges

The Hindu  

Apple's iPhone sales in China fell 24% year-on-year in the first six weeks of 2024, according to research firm Counterpoint, as the U.S. company faced increased competition from domestic rivals such as Huawei. The U.S. tech giant's chief competitor in China in premium smartphones, Huawei, saw unit sales rise by 64% in the period, according to the report. Apple "faced …

Apple's China sales tumble highlights waning clout as local brands gain
10 months, 3 weeks ago

Apple's China sales tumble highlights waning clout as local brands gain

The Hindu  

Apple's weak China sales performance may have shocked investors, but customers and analysts have been noting the rising challenges the company faces in its third-largest market. Intensifying competition from domestic rivals, coupled with longer upgrade cycles as consumers spend more cautiously amid an economic slowdown, have stunted Apple's China growth, with sales there nosediving by 13% in the quarter ending …

IPhone maker Foxconn plans ₹13,300 crore in India expansion bid
1 year ago

IPhone maker Foxconn plans ₹13,300 crore in India expansion bid

Hindustan Times  

IPhone maker Hon Hai Precision Industry Co. plans to expand its footprint in India with another NT$50 billion investment for construction projects. The logo of Foxconn is seen outside the company's building in Taipei, Taiwan, The announcement, made in an exchange filing in Taiwan late Monday, didn’t give any further details, saying only that the investment was for “operational needs.” …

Apple’s manufacturer Luxshare moves investment to Vietnam instead of India: Here’s why
1 year, 1 month ago

Apple’s manufacturer Luxshare moves investment to Vietnam instead of India: Here’s why

Live Mint  

Apple’s one of the biggest Chinese component manufacturers, Luxshare, has reportedly decided to invest in Vietnam instead of India, citing the political tensions between the two countries. According to a report by Business Standard, after three years, Luxshare’s move to make investments in Vietnam is a result of many failed attempts to expand its operations in India. On 16 August, …

Smartphone manufacturing: How 'Make in India' is marking a difference
1 year, 1 month ago

Smartphone manufacturing: How 'Make in India' is marking a difference

Firstpost  

The decisions by the likes of Apple, Foxconn and Micron to either expand or establish their India presence could not have come at a better time As India is looking to become the third largest economy in the world in the coming years, cutting-edge technologies across 5G/6G, satellite communication and semiconductors will contribute towards this growth. More than 90 per …

China iPhone sales strong, Apple tells investors as Huawei threat looms
1 year, 1 month ago

China iPhone sales strong, Apple tells investors as Huawei threat looms

The Hindu  

Apple said on Thursday that demand for its iPhones in China was strong, trying to reassure investors who are worried it is losing ground to a newly resurgent Huawei Technologies and other local smartphone makers. Research firm Canalys estimated that overall smartphone sales in China fell 3% in July-September from a year earlier as consumers bought fewer smartphones as an …

Tata to make iPhone for India, abroad; to take over Wistron plant for $125 mn
1 year, 1 month ago

Tata to make iPhone for India, abroad; to take over Wistron plant for $125 mn

Hindustan Times  

Tata Group is set to become the first homegrown iPhone maker in India for domestic and global markets after Wistron Corp. agreed to sell a plant in the southern part of the country to the conglomerate. Wistron’s board approved the sale of Wistron InfoComm Manufacturing Private Ltd. to Tata for $125 million, the Taiwanese electronics manufacturer said Friday in a …

Apple supplier Foxconn subjected to tax inspections by Chinese authorities
1 year, 2 months ago

Apple supplier Foxconn subjected to tax inspections by Chinese authorities

Associated Press  

BANGKOK — Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities, according to local reports Sunday. Foxconn, a Taiwanese -headquartered company officially registered as Hon Hai Precision Industry Co., Ltd, had its offices in Guangdong and Jiangsu provinces searched by tax officials, according to a report in the Chinese …

Apple's Indian contract facility temporarily halts iPhone assembly after fire
1 year, 2 months ago

Apple's Indian contract facility temporarily halts iPhone assembly after fire

Firstpost  

Apple supplier Pegatron temporarily halted iPhone assembly at its facility in Chennai on Monday after a fire incident on Sunday night, according to a report citing sources Apple supplier Pegatron temporarily halted iPhone assembly at its facility in southern India on Monday after a fire incident on Sunday night, three sources told Reuters. The Taiwanese firm cancelled the first two …

Banned or not? Why there is confusion over restrictions on iPhone use in China
1 year, 3 months ago

Banned or not? Why there is confusion over restrictions on iPhone use in China

Firstpost  

China has denied issuing any ban on the ‘purchase or use’ of Apple’s iPhones. The remarks by its foreign ministry spokesperson come after multiple media reports said last week that staffers at central government agencies have been forbidden to use the smartphone at the workplace China has denied banning Apple’s iPhones for government staff at work. “China has not issued …

China says it has not banned purchase, use of iPhones, foreign phone brands
1 year, 3 months ago

China says it has not banned purchase, use of iPhones, foreign phone brands

The Hindu  

China has not issued a ban on the purchase and use of foreign phone brands, the Chinese foreign ministry said on Wednesday, in response to media reports that said some government agencies and firms had told staff to stop using Apple's iPhones at work. "China has not issued laws, regulations or policy documents that prohibit the purchase and use of …

Ahead of iPhone 15 launch, Apple copes with China challenge
1 year, 3 months ago

Ahead of iPhone 15 launch, Apple copes with China challenge

Hindustan Times  

Apple on Tuesday is expected to unveil a new iPhone 15 lineup as questions about market access in China and competition hang over the world's most valuable listed company. Apple will also have to grapple with competition from Huawei Technologies, which was its top rival in China's premium smartphone market until U.S. export controls ruined Huawei's phone business in 2019. …

Some Chinese government employees banned from using Apple devices: Report
1 year, 3 months ago

Some Chinese government employees banned from using Apple devices: Report

The Hindu  

September 07, 2023 12:22 pm | Updated 01:37 pm IST Some Chinese government bodies have banned their employees from using Apple’s iPhone and other foreign devices for work purposes, reported Wall Street Journal on Wednesday, citing anonymous sources. The extent of the policy is not yet clear, but it reportedly applied to some central government agencies where employees were told …

Apple Supplier Foxconn Begins iPhone 15 Production in India
1 year, 4 months ago

Apple Supplier Foxconn Begins iPhone 15 Production in India

Deccan Chronicle  

Apple Inc.’s next-generation iPhone 15 is beginning production in Tamil Nadu, in an effort to further narrow the gap between its India operations and main manufacturing base in China. “Apple’s increased production in India will lead to more of its supply chain moving to the country,” said Shilpi Jain, a senior analyst at Counterpoint Research. Other Apple suppliers in India …

Apple Partner Foxconn On Hiring Spree At Largest Factory Ahead Of iPhone 15 Launch
1 year, 5 months ago

Apple Partner Foxconn On Hiring Spree At Largest Factory Ahead Of iPhone 15 Launch

ABP News  

Apple's largest and most prominent manufacturing partner Foxconn has ramped up hiring at the world's biggest iPhone factory in Zhengzhou province of China, weeks ahead of the launch of the upcoming iPhone 15. A recruiter named Zhao, which is responsible for hiring staff for Foxconn, is hiring permanent employees and temporary workers at an hourly wage of 21.5 yuan, the …

Foxconn denies allegations Apple will move supply chain outside China
1 year, 5 months ago

Foxconn denies allegations Apple will move supply chain outside China

China Daily  

The logo of Foxconn is seen at Longhua district, Shenzhen, Guangdong province, Sept 3, 2022. Liu Young-way, chairman and CEO of Foxconn Technology Group, the world's largest electronics manufacturing contractor, denied that Apple Inc planned to move its supply chains out of Chinese mainland. Foxconn, formally known as Hon Hai Precision Industry Co, is a key supplier of Apple. Looking …

Apple Supplier Wistron Stops Making iPhones In India: Here's Why
1 year, 7 months ago

Apple Supplier Wistron Stops Making iPhones In India: Here's Why

News 18  

Apple is making a broad set of changes to its global production lines outside of China with India as one of its main focus markets. Recently it was confirmed that Tata Group is ready to enter the make in India iPhone arena by acquiring the plant from another iPhone vendor Wistron in India. The report also says Wistron has been …

Foxconn breaks ground for $500 million manufacturing plant near Hyderabad
1 year, 7 months ago

Foxconn breaks ground for $500 million manufacturing plant near Hyderabad

The Hindu  

Electronics manufacturing major and iPhone maker Apple’s supplier Foxconn broke ground on Monday for a production plant near Hyderabad, on which Telangana IT Minister K.T. A greenfield project, the facility will create 25,000 direct jobs in its first phase itself, Mr. Rao told the groundbreaking at Kongara Kalan, in neighbouring Ranga Reddy, in the presence of Foxconn subsidiary Foxconn Interconnect …

iPhone made-in-India by Tata: Industry giant bags 5% of all 2023 global orders
1 year, 7 months ago

iPhone made-in-India by Tata: Industry giant bags 5% of all 2023 global orders

Firstpost  

The Tata Group will start making iPhones in India and will make at least 5 per cent of all iPhones sold globally in 2023. Tata to begin with at least 5 per cent of global orders According to TrendForce, it is common for new suppliers to initially receive smaller orders for entry-level models, following Apple’s established pattern. TrendForce estimates that …

iPhone maker Foxconn buys huge site in India's tech hub Bengaluru
1 year, 7 months ago

iPhone maker Foxconn buys huge site in India's tech hub Bengaluru

Firstpost  

Bengaluru: As it looks to diversify production away from China, Taiwanese electronics giant Foxconn in a filing on Tuesday said that it has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru. Foxconn, also known by its official name Hon Hai Precision Industry, is the world’s biggest contract electronics manufacturer and a principal assembler of …

iPhone maker Foxconn buys huge site in Devanahalli
1 year, 7 months ago

iPhone maker Foxconn buys huge site in Devanahalli

The Hindu  

May 09, 2023 09:50 pm | Updated 09:50 pm IST - Bengaluru Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Bengaluru, the key Apple supplier said in a filing on Tuesday as it looks to diversify production away from China. Also known by its official name, Hon Hai Precision Industry, Foxconn is the …

iPhone maker Foxconn buys huge site in Bengaluru
1 year, 7 months ago

iPhone maker Foxconn buys huge site in Bengaluru

India Today  

Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China. Karnataka state chief minister Basavaraj S. Bommai said in March that Apple would "soon" manufacture iPhones at a new plant that would create …

Apple ramps up iPhone production in India to $7 billion in strategic shift from China
1 year, 8 months ago

Apple ramps up iPhone production in India to $7 billion in strategic shift from China

India TV News  

Apple Inc. increased its iPhone production in India over the previous fiscal year, exceeding the $7 billion milestone and tripling its output in the country. The American business currently manufactures approximately 7% of its iPhones in India through increasing partnerships with companies like Foxconn Technology Group and Pegatron Corp. India produced an estimated 1% of the world's iPhones in 2021 …

Apple supplier Foxconn plans $200m factory in India, sources say
1 year, 9 months ago

Apple supplier Foxconn plans $200m factory in India, sources say

Al Jazeera  

Source says Taiwan firm will invest more than $200m in the new AirPod plant in the southern Indian state of Telangana. One source said Foxconn will invest more than $200m in the new India AirPod plant in the southern Indian state of Telangana. The person, who requested anonymity as the matter was not public yet, said Foxconn officials had debated …

Apple supplier Foxconn plans to rely less on China for revenue
1 year, 9 months ago

Apple supplier Foxconn plans to rely less on China for revenue

Live Mint  

TAIPEI : Foxconn Technology Group, one of Apple’s biggest suppliers, said it would rely less on China as a source of revenue as it diversifies production sites to strengthen supply-chain resilience. Taiwan-based Foxconn, best known for assembling Apple Inc.’s iPhones and other products in big plants in mainland China, has been diversifying its production sites as well as the products …

iPhone maker Hon Hai expects flat 2023 as it builds EV push
1 year, 9 months ago

iPhone maker Hon Hai expects flat 2023 as it builds EV push

Live Mint  

Hon Hai Precision Industry Co. said it expects to multiply its sales of electric vehicle components this year while weathering cooler consumer spending on technology. Beyond Apple’s range of smartphones and Mac computers, Foxconn assembles high-end electronics for large and small customers and is vulnerable to slumps in consumer or enterprise demand. iPhone Maker Warns Device Sales to Fall After …

Apple supplier Foxconn is on the hunt for semiconductor and EV deals in India
1 year, 9 months ago

Apple supplier Foxconn is on the hunt for semiconductor and EV deals in India

CNN  

Hong Kong CNN — Apple supplier Foxconn says it is seeking Indian partners to cooperate in areas such as chips and electric vehicles, as its chief executive wrapped up a visit to the country. Taiwan’s Foxconn has been looking to expand its operations in the South Asian giant after suffering severe supply disruptions in China last year. “My trip this …

Top Apple supplier plans major India expansion
1 year, 9 months ago

Top Apple supplier plans major India expansion

Live Mint  

Apple Inc.’s main manufacturer, Foxconn Technology Group, is considering a major expansion in India, including possibly assembling millions more iPhones and setting up new production sites as it seeks to further diversify beyond China. Foxconn also plans to build a new production facility in the southern Karnataka state, where it would make products including iPhones, people familiar with the matter …

Foxconn plans new India iPhone plant in shift away from China
1 year, 9 months ago

Foxconn plans new India iPhone plant in shift away from China

The Hindu  

Apple will manufacture iPhones at a new plant in India, officials said Friday, as the U.S. tech giant seeks to ramp up its India production and diversify away from China. The flagship mobile's global supply chain is based mainly in China, where strict Covid policies last year and ongoing diplomatic tensions with the United States have hurt production. Foxconn, the …

Foxconn Eyes India As It Plans $700 Million Investment In New Plant For iPhone Production
1 year, 9 months ago

Foxconn Eyes India As It Plans $700 Million Investment In New Plant For iPhone Production

News 18  

Foxconn Technology Group, a major manufacturer for Apple’s iPhone, is reportedly planning to invest up to $700 million to build a new plant in India. According to Bloomberg, Foxconn could be looking at producing iPhone parts on a 300-acre site located near Bengaluru, Karnataka. Last November, Foxconn’s Zhengzhou facility, known as the biggest Apple iPhone factory globally, faced challenges with …

Apple targets raising India production share to up to 25%: Goyal
1 year, 11 months ago

Apple targets raising India production share to up to 25%: Goyal

The Hindu  

Apple Inc. wants India to account for up to 25% of its production from about 5%-7% now, the trade Minister told a conference on Monday, as the iPhone maker continues to move its manufacturing away from China. "Apple, another success story," Piyush Goyal said, pitching India as a competitive manufacturing destination. Cupertino, California-based Apple has bet big on India since …

Tata Group Inches Closer To Acquire India's iPhone Plant: Report
1 year, 11 months ago

Tata Group Inches Closer To Acquire India's iPhone Plant: Report

ABP News  

Tata Group is inching closer to acquire a major plant in India in a deal that would give the country its first home-grown iPhone maker, reported Bloomberg. Tata’s deal would advance India’s efforts to create local contenders to challenge China’s dominance in electronics, which has been jeopardised by political tensions with the US and Covid-related hurdles. Tata Group aims to …

Foxconn's Zhengzhou Facility Back At 90 Per Cent Capacity As Covid Curbs Subside
1 year, 11 months ago

Foxconn's Zhengzhou Facility Back At 90 Per Cent Capacity As Covid Curbs Subside

ABP News  

Apple Inc.’s biggest main production partner, Foxconn Technology Group, has brought the world’s largest iPhone plant to about 90 per cent of anticipated peak capacity, as reported by news agency Bloomberg. According to the report, Foxconn’s plant in the central Chinese city of Zhengzhou is now operating with roughly 200,000 employees, the official Henan Daily reported, citing Foxconn executive Vic …

iPhone maker Foxconn's Covid-hit China plant to resume production: Report
1 year, 11 months ago

iPhone maker Foxconn's Covid-hit China plant to resume production: Report

Hindustan Times  

Foxconn's COVID-hit iPhone plant in China's Zhengzhou city is almost back to full production, with its December shipments reaching about 90% of initial plans, two people with direct knowledge of the matter said. iPhone maker Foxconn's Covid-hit China plant to resume production: Report Foxconn, formally Hon Hai Precision Industry Co Ltd, declined to comment. Production at the world's largest manufacturing …

Apple suppliers to invest Rs 2,800 cr in UP as iPhone maker to move more manufacturing to India
2 years ago

Apple suppliers to invest Rs 2,800 cr in UP as iPhone maker to move more manufacturing to India

India TV News  

With Apple eyeing to ramp up manufacturing in India amid Covid-related supply chain issues in China, the Yamuna Expressway Industrial Development Authority said on Wednesday that some of Apple suppliers have applied for land with the authority, with a proposed investment of Rs 2,800 crore while generating thousands of jobs. The China upheaval, which hit its key supplier Foxconn's Zhengzhou …

Foxconn To Build Hostels For 60,000 Employees In Tamil Nadu: Report
2 years ago

Foxconn To Build Hostels For 60,000 Employees In Tamil Nadu: Report

ABP News  

As Foxconn, the maker of iPhones, aims to boost the production of Apple devices in India, the company is reportedly building large hostels for nearly 60,000 employees at its manufacturing unit in Chennai, reported by the Economic Times. According to the report, in response to the strong domestic demand for Apple products and Foxconn’s aim to diversify away from China, …

Foxconn Eases Most Of Its Anti-Covid Curbs At China's Zhengzhou Facility
2 years ago

Foxconn Eases Most Of Its Anti-Covid Curbs At China's Zhengzhou Facility

ABP News  

Foxconn Technology Group, which assembles most iPhones for Apple Inc., is easing most of its anti-Covid curbs at its factory in Zhengzhou, China, as reported by news agency Bloomberg. Foxconn, whose formal name is Hon Hai Precision Industry Company, said it is now ending its “point-to-point” system, in which it required employees to restrict their daily movements to between their …

Foxconn to ease COVID-19 curbs in Chinese iPhone factory
2 years ago

Foxconn to ease COVID-19 curbs in Chinese iPhone factory

Associated Press  

HONG KONG — The company that assembles Apple Inc.’s iPhones has announced it is easing COVID-19 restrictions at its largest factory in China that led thousands of workers to quit and drastically slowed production. Foxconn Technology Group said in a statement on one of its official WeChat social media accounts that it would end the so-called “closed loop” system at …

Foxconn iPhone factory continues to face protests over China's 'Zero COVID' policy
2 years ago

Foxconn iPhone factory continues to face protests over China's 'Zero COVID' policy

Op India  

Foxconn, Apple’s largest supplier, has faced unending chaos in the last two months at its Zhengzhou plant, which happens to be the largest iPhone factory in the world, located in the Henan province in central China, reported Portal Plus. Foxconn’s Zhengzhou plant which earlier employed over 2,00,000 workers, is facing violent protests by employees since November. The chaos which seems …

Apple iPhone 14 Pro lead times slowly returning to normal in China
2 years ago

Apple iPhone 14 Pro lead times slowly returning to normal in China

India TV News  

Tech giant Apple's iPhone 14 Pro models' lead times for deliveries have marginally decreased in China as the process of slowly restoring normal supply levels continues. Delays, which included Covid lockdowns and staff uprisings, at the Zhengzhou Foxconn facility, the largest manufacturer of the iPhone 14 Pro models, have negatively impacted Apple's supply of the iPhone 14 Pro and iPhone …

Apple made China the backbone of its iPhone assembly. Shifting away could take years
2 years ago

Apple made China the backbone of its iPhone assembly. Shifting away could take years

CNN  

CNN — In early November, weeks before the peak holiday shopping season was about to kick off, Apple issued an unusual warning: customers would have to wait longer for the new iPhone 14 Pro models. In an investor note earlier this week, one analyst at Wedbush Securities estimated it would take Apple until at least 2025 or 2026 to move …

Apple's iPhone shipments seen sagging under China disruptions
2 years ago

Apple's iPhone shipments seen sagging under China disruptions

Live Mint  

Apple Inc has warned that worker unrest at the world's biggest iPhone factory in China would impact shipments of higher-end models of the device in the holiday quarter. Here are their predictions: Wedbush Securities: Shortages to result in 5% to 10% fewer units sold in the quarter; Says shutdowns to cost Apple about $1 billion a week in lost iPhone …

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