Thanks to automation, the Cupertino-based tech giant plans to reduce the number of workers assembling the iPhone by as much as half, but that could have disastrous effects on international labor markets.
Manufacturers including iPhone maker Foxconn have been asked by Vietnamese officials to voluntarily cut their power usage by 30%.
Apple's largest iPhone manufacturer has reported almost a fifth higher revenue for April 2024 compared to the same month in 2023, in part because of diversification.
Foxconn is closing factories in China as iPhone production moves elsewhere, and impacts beyond industry have been made crystal clear in a new video.
With India accounting for an ever greater proportion of iPhone manufacturing, Apple and its suppliers are planning to build residential accommodation by the thousands.
Apple Chief Operating Officer Jeff Williams has traveled to Taiwan, on a trip to mark the 50th anniversary of Foxconn.
Apple's largest manufacturer says that Q4 2023 revenues for all of its business, including the iPhone, declined 5.4% year on year, and that it believes a slowing demand will also impact Q1 2024.
New research says that Apple's suppliers including iPhone manufacturer Foxconn have invested $16 billion since 2018, in an increasing plan to move or reshore manufacturing away from over-reliance on China.
The Indian government announced this week approval of Foxconn's plan to invest an additional $1 billion in a manufacturing plant expected to produce the iPhone.
Apple supplier Foxconn is struggling to get its factories in India to operate efficiently, with employees citing language barriers, culture clashes, and difficulty adapting to strenuous schedules.
Foxconn is doubling its investment in India with a further $1.54 billion going to a further manufacturing plant that is expected to produce iPhone.
Apple supplier Foxconn is falling behind in its decarbonization efforts, a Greenpeace report asserts, with the supply chain partner producing the highest level of emissions of final assembly companies.
Noted analyst Ming-Chi Kuo said Wednesday that Apple will double iPhone production in India through 2024.
Chinese authorities say their tax and land use probe into iPhone maker Foxconn is unrelated to forthcoming elections, but then cautions firms over "social responsibilities."
Foxconn founder Terry Gou's rival in the Taiwanese elections says China should "cherish" the iPhone assembler, and not try to pressure the firm during an election.
Apple iPhone manufacturer Foxconn says it will cooperate fully with investigations into its business by China's tax authorities.
A profile of Apple's major iPhone factory in India's Sriperumbudur shows the rapid expansion of the facility, and despite recovering from one set of problems, there are still poor working conditions that need to be addressed.
Billionaire Foxconn founder Terry Gou is running for president of Taiwan, and says he "will not bow to China's threats," as any political pressure would disrupt sales to Apple, Tesla, and others.
Foxconn's parent company Hon Hai says it expects iPhone and other smartphone sales to contract overall in 2023, following its latest earnings report.
Apple's artificial intelligence work has now extended to it needing a series of servers for testing, and Foxconn is its exclusive supplier.
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Amber Neely
William Gallagher
Malcolm Owen
Peter Cohen
Wesley Hilliard
