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Page 4 - Foxconn

Violent clashes in China likely to boost India's iPhone exports

India could account for up to 20% of Apple's global production capacity by FY26

Violent clashes in China likely to boost India's iPhone exports
Updated On : 24 Nov 2022 | 10:04 PM IST

Foxconn apologises for pay dispute at China factory in Zhengzhou

The company that assembles Apple Inc.'s iPhones apologised on Thursday for what it said was a technical error that led to protests by employees over payment of wages offered to attract them to a factory that is under anti-virus restrictions. Protests erupted on Tuesday in the central city of Zhengzhou after employees complained Foxconn Technology Group required they do extra work to receive the higher pay promised by recruiters. Foxconn is trying to rebuild its workforce after thousands of employees walked out last month over complaints about unsafe conditions. Videos on social media showed police in white protective suits kicking and clubbing protesting workers. Foxconn, the biggest contract assembler of smartphones and other electronics for Apple and other global brands, blamed the dispute on a technical error in the process of adding new employees. It promised they would receive the wages they were promised. "We apologise for an input error in the computer system and guarantee

Foxconn apologises for pay dispute at China factory in Zhengzhou
Updated On : 24 Nov 2022 | 2:37 PM IST

Foxconn offers staff $1,400 to leave after protests in China's iPhone city

Apple Inc.'s main global production partner said in an online notice the sum, to be paid out in two installments, will help smooth the journey home for employees

Foxconn offers staff $1,400 to leave after protests in China's iPhone city
Updated On : 24 Nov 2022 | 10:50 AM IST

Protesting workers beaten over pay dispute at Chinese iPhone factory

Police beat workers protesting over a pay dispute at the biggest factory for Apple's iPhone, whose new model is delayed by controls imposed as China tries to contain a surge in COVID-19 cases. Foxconn, the biggest contract assembler of smartphones and other electronics, is struggling to fill orders for the iPhone 14 after thousands of employees walked away from the factory in the central city of Zhengzhou last month following complaints about unsafe working conditions. China's status as an export powerhouse is based on factories such as Foxconn's that assemble the world's consumer electronics, toys and other goods. The ruling Communist Party is trying to contain the latest wave of outbreaks without shutting down factories and the rest of its economy as it did in early 2020. Its tactics include closed-loop management, under which workers live in their factories with no outside contact. Foxconn offered higher pay to attract more workers to the Zhengzhou factory to assemble the iPhone

Protesting workers beaten over pay dispute at Chinese iPhone factory
Updated On : 24 Nov 2022 | 10:44 AM IST

China's iPhone city locks down urban areas as Covid-19 cases rise

The new restrictions were announced after hundreds of workers at Apple's main iPhone-making plant in Zhengzhou streamed out of dormitories earlier in the day

China's iPhone city locks down urban areas as Covid-19 cases rise
Updated On : 24 Nov 2022 | 7:42 AM IST

Violent protests erupt at Apple's biggest iPhone-making plant in China

Hundreds of workers at Apple's main Foxconn plant in China clashed with security personnel, as tensions boiled over after almost a month under tough restrictions intended to quash a Covid outbreak

Violent protests erupt at Apple's biggest iPhone-making plant in China
Updated On : 23 Nov 2022 | 11:21 PM IST

Foxconn freezes hiring sighting four-day quarantine space shortage

Apple iPhone supplier Foxconn has paused its hiring because of four-day quarantine space shortage.

Foxconn freezes hiring sighting four-day quarantine space shortage
Updated On : 20 Nov 2022 | 4:59 PM IST

Karnataka may get India's first semiconductor fab facility: Report

The International Semiconductor Consortium's (ISMC)-proposed $3 billion fab may start construction as early as February 2023

Karnataka may get India's first semiconductor fab facility: Report
Updated On : 17 Nov 2022 | 9:45 AM IST

Chinese authorities call on retired soldiers to help Foxconn iPhone plant

The plant, the world's largest iPhone manufacturing facility, has been hit by discontent over government mandated measures to curb the spread of Covid-19

Chinese authorities call on retired soldiers to help Foxconn iPhone plant
Updated On : 16 Nov 2022 | 11:59 PM IST

India as the world's factory: China may be in denial

It is interesting that the myths around the influence of Confucianism on Southeast Asia come not from Chinese scholars but from futurologist Hermann Kahn

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Updated On : 15 Nov 2022 | 8:40 PM IST

Apple supplier Foxconn plans to quadruple workforce at India plant: Sources

The China's virus policy prompted Apple to lower its forecast for shipments of the premium iPhone 14 models this week, dampening its sales outlook for the busy year-end holiday season

Apple supplier Foxconn plans to quadruple workforce at India plant: Sources
Updated On : 12 Nov 2022 | 12:33 AM IST

Covid-19 China: Consumer revenue will fall this quarter, warns iPhone maker

The company, known also as Foxconn, reported earnings that missed estimates for the third quarter and said revenue growth will be flat for the current three-month period

Covid-19 China: Consumer revenue will fall this quarter, warns iPhone maker
Updated On : 10 Nov 2022 | 4:14 PM IST

Covid curbs increased in China factory hub Guangzhou as outbreak balloons

In-person classes in eight of the city of some 19 million people's 11 districts will be halted from Thursday, officials said late Wednesday

Covid curbs increased in China factory hub Guangzhou as outbreak balloons
Updated On : 10 Nov 2022 | 9:11 AM IST

Two Indian companies to pick up over 26% but less than 51% stake in ISMC

Next Orbit director refuses to divulge names though talks were reportedly on with HCL, Reliance Industries

Two Indian companies to pick up over 26% but less than 51% stake in ISMC
Updated On : 08 Nov 2022 | 10:24 PM IST

Apple cuts iPhone 14, iPhone 14 Plus output by 3 mn units as demand wanes

Apple previously cancelled plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize

Apple cuts iPhone 14, iPhone 14 Plus output by 3 mn units as demand wanes
Updated On : 07 Nov 2022 | 11:09 PM IST

Foxconn woos fleeing workers with $70 subsidy after iPhone production hit

Apple earlier said that restrictions related to Covid-19 have temporarily affected the main iPhone 14 Pro and iPhone 14 Pro Max assembly facility in Zhengzhou

Foxconn woos fleeing workers with $70 subsidy after iPhone production hit
Updated On : 07 Nov 2022 | 5:04 PM IST

Foxconn says working to resume China production as soon as possible

Foxconn said in a statement that the provincial government in Henan, where Zhengzhou is located, "has made it clear that it will, as always, fully support Foxconn in Henan".

Foxconn says working to resume China production as soon as possible
Updated On : 07 Nov 2022 | 8:19 AM IST

Iphone supply chain hit by Xi Jinping's stringent Coronavirus curbs

The abrupt move is expected to disrupt a factory already grappling with an outcry over an on-site coronavirus outbreak, worker exodus and enforced quarantine

Iphone supply chain hit by Xi Jinping's stringent Coronavirus curbs
Updated On : 03 Nov 2022 | 7:52 AM IST

China orders seven-day lockdown in area around world's largest iPhone plant

The abrupt action reflects Beijing's Covid Zero approach to stamping out outbreaks, and is likely to further disrupt Foxconn's main operations base.

China orders seven-day lockdown in area around world's largest iPhone plant
Updated On : 02 Nov 2022 | 10:56 PM IST

Foxconn's Covid woes may hit iPhone November shipments from Zhengzhou plant

The impact on production comes amid the traditionally busy time for electronics makers and ahead of the year-end holiday season, which is also a prime time for vendors such as Apple

Foxconn's Covid woes may hit iPhone November shipments from Zhengzhou plant
Updated On : 31 Oct 2022 | 8:57 AM IST