The company’s share rose by 7.7% to 49.02 yuan by midday Wednesday in repsonse to the news of another iPhone assembly plant in China.
Luxshare's iPhone business should see significant profit growth, says Kuo, with the company expected to ship 45–50 million iPhones in 2023, up from approximately 20 million in 2022, indicating Apple's increasing faith in and reliance on the assembler. Apple wants to triple its iPhone production...
Pegatron Corp, a Taiwanese company that has its manufacturing plant in China, has been producing iPhones, iPads, Macs and other components for Apple for many years. The company already has allegations for violating labour laws in the past and this is only the latest. Apple discovered that mana...
The company also clarified that the previous news of serious flooding happened in the Zhongmu Park, which belongs to the FIT subsidiary and mainly produces computer connectors. The plants where Foxconn produces iPhones were not much impacted, only with water in the periphery of the main plant.Sin...
The company is asking suppliers to increase their assembly base in India and Vietnam. Over the last year, China’s strict COVID-19 restrictions have disrupted Apple’s production lines in the country multiple times. Apple wants to make more iPhones in India Apple is also looking to reduce ...
The Verge adds that Luxshare will become the first company based in mainland China to assemble the Apple iPhone. The threat of a ban on WeChat has prompted about a dozen US companies – including Apple, Disney and Walmart – to take part in a conference call with the W...
Apple is considering the possibility of bringing iPhone manufacturing to Vietnam, a report claims, after the Cupertino company visited a factory owned by assembly partner Luxshare to check the conditions of the facility. Representatives from Apple visited Luxshare over the summer to check out ...
In 5 years will Apple be making iPhones in Brazil, India, China, the US, Russia, and France? This is definitely going to be less efficient, meaning the losers are going to lose more than the winners gain. But I guess it could increase total well-being if the losers are rich guys ...
Those existing tariffs you mention in China, Japan, and Germany are exactly the sort of thing that I'm trying to avoid. We tariff Chinese-made iPhones; they tariff Boeing. It goes 'round and 'round with more and more tariffs on all sides, increasingly stifling international...
iPhones sold in Egyptand a few other Middle Eastern nations have their GPS disabled by software only. Locals are able to circumvent the GPS unlock by jailbreaking. By physically removing the Wifi, China is insuring that iPhones won’t be able to use Wifi via a hack, nor will their users...