Sometime last year, Foxconn promised to change it’s conditions to further benefit it’s employees. In the past, Foxconn and Apple had been in the spotlight for the poor conditions that the factory workers were placed under. As of now, we aren’t entirely aware of what steps in that direction Foxconn has taken, but, today, Apple promises to lend a hand, financially. The public, still, isn’t quite clear on what the precise details of this arraignment...
The unannounced, unacknowledged iPhone 5 is already pushing Foxconn’s factories near max capacity. According to a new report by DigiTimes citing Taiwanese supply chains, Foxconn is now pumping out nearly 150,000 iPhone 5s per day in an effort to ship 5-6 million iPhone 5s come late September/early October. The jury’s still out as to whether or not Apple’s other iPhone 5 manufacturer, Pegatron, has started iPhone 5 production yet. The manufacturer is...
According to Bloomberg, Apple is about to get a bit of added Chinese retail presence thanks to the company behind many of their iconic gadgets. New reports claim Foxconn is planning to open up a line of self-branded retail shops within China to market and sell Apple hardware. Foxconn cites the relatively small profit margin on manufacturing products in general as the reason for their move. Similarly, Foxconn will be able to make money off Apple products two-fold and...
Depending on which analyst you talk to, the recent Foxconn explosion at the Chengdu facility could have a pretty severe impact on iPad 2 supply. For example, Sterne Agee analyst Shaw Wu claims Apple’s other iPad production facilities (such as the Shenzhen facility) will be able to make up for the downtime at the damaged Chendu building. Slightly more disheartening are estimates from IHS iSuppli citing a 500,000 unit supply shortage. However, through the lens of RBC...
Foxconn has been in the news quite a bit this past year, though not in the way that I’m sure the executives would like. First it was for poor working conditions. Then it was for mass suicides occurring on a daily basis attributed to the poor living/working conditions. And now some more less than stellar news for the consumer electronic manufacturering giant. Truth be told, it’s not really another “bad” story per say. Just a handful of pictures...
