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foxconn

Apple Supplier Foxconn in Talks to Assemble iPad at Its Tamil Nadu Plant: Report

by Maya Ortiz
Apple Supplier Foxconn in Talks to Assemble iPad at Its Tamil Nadu Plant: Report

Apple supplier Foxconn seems to be eyeing to expand its operation in India. The Taiwan-based company is reportedly evaluating plans to assemble iPad in the country. Until now, Foxconn and other …

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Apple COO meets Shenzhen official to discuss supply chain ahead of iPhone 16 launch

by Anas Siddiqui
Apple COO meets Shenzhen official to discuss supply chain ahead of iPhone 16 launch

A top Apple executive has paid a visit to China’s southern tech hub Shenzhen to speak with the city’s party secretary about supply chains, underscoring China’s importance for the US …

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Hong Kong start-up SmartMore is the city’s new hi-tech poster child

by Anas Siddiqui
Hong Kong start-up SmartMore is the city’s new hi-tech poster child

While privately-held SmartMore has not disclosed its financial data, the company is known as one of the fastest-growing start-ups in China. At the ceremony, the firm displayed products ranging from …

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Apple supplier Foxconn misses March quarter estimates amid iPhone sales downturn in China

by Anas Siddiqui
Apple supplier Foxconn misses March quarter estimates amid iPhone sales downturn in China

The world’s largest electronics contract manufacturer reported a net profit of NT$22 billion (US$679 million) in the first quarter. While that was up more than 70 per cent, it missed …

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Foxconn sees record April sales with 19% jump, offers positive Q2 outlook despite ‘off-peak season’

by Anas Siddiqui
Foxconn sees record April sales with 19% jump, offers positive Q2 outlook despite ‘off-peak season’

Taiwan’s Foxconn, the world’s largest contract electronics maker and the biggest assembler of Apple’s iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record sales for …

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Samsung Likely to Report 15 Percent YoY Rise in Server Chip Profits, Analysts Say

by Maya Ortiz
Samsung Likely to Report 15 Percent YoY Rise in Server Chip Profits, Analysts Say

Samsung is likely to turn in its best April-June profit since 2018 with a 15 percent year-on-year rise, as lingering demand for its memory chips from server customers offsets lower sales …

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India Approves Rs. 7,350-Crore PLI Plan to Boost IT Product Exports

by Maya Ortiz
India Approves Rs. 7,350-Crore PLI Plan to Boost IT Product Exports

India approved a Rs. 7,350-crore plan to boost local manufacturing and exports of IT products such as laptops, tablets, personal computers, and servers, the technology minister said. The production-linked incentive …

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Chip Manufacturers’ Order Books Still ‘Very Full’, Taiwan’s Economy Minister Says

by Maya Ortiz
Chip Manufacturers’ Order Books Still ‘Very Full’, Taiwan’s Economy Minister Says

Order books for both mature and advanced semiconductor nodes for Taiwanese chip firms are still very full, Economy Minister Wang Mei-hua said on Wednesday, amid concerns about a slowdown in …

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Apple’s Make in India Plan Hits Hurdles as Tata Casings Factory Struggles to Meet Quality Standards: Report

by Maya Ortiz
Apple’s Make in India Plan Hits Hurdles as Tata Casings Factory Struggles to Meet Quality Standards: Report

Apple Inc is facing challenges as it tries to increase production in India, the Financial Times reported on Tuesday, citing people familiar with the iPhone maker’s operations. The Cupertino, California-based …

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MacBook, iPad Production Delayed as Supply Crunch Hits Apple: Report

by Maya Ortiz
MacBook, iPad Production Delayed as Supply Crunch Hits Apple: Report

Production of some of Apple’s MacBook and iPad models has been postponed due to a global component shortage, the Nikkei reported on Thursday. Chip shortages have caused delays in a …

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