Foxconn revenues slump
Nothing to do with Apple
Foxconn, Apple's biggest supplier and contract manufacturer, has seen a slump in revenue due to weaker demand for electronics in February 2023, but the Tame Apple Press has made no mention of Jobs' Mob's sales slumping as being the cause.
This is the end: Foxconn moves to Vietnam
Preparing for Chinese apocalypse now
Foxconn has signed a $62.5 million lease on 45 hectares of land in Vietnam and it continues to shift out of China.
iPhone city workers riot with police
Foxconn accused of not changing wages and mixing infected and uninfected workers
Hundreds of Foxconn workers in China's Zhengzhou district violently clashed with police after the company changed contracts to reduce their salary and mixed workers infected with Covid with those who were not.
Foxconn moves more operations away from China
Wants to avoid zero Covid policy
Foxconn has had a gutsful of China’s zero covid policy and is moving some of its operations to a country which still has cheap labour but whose government does not shut down a region when a worker gets a snuffle.
Workers too terrified to make iPhones after Covid scare
Foxconn locked them in for two weeks
Workers are fleeing the Foxconn in China’s Zhengzhou and swearing that they will never return after being locked in for two weeks under China’s tough zero Covid policy.
Foxconn invests $19.4 billion to make semiconductors in India
China gets problematic
Foxconn will invest $19.4 billion to make semiconductors in India and will work with the mega mining outfit Vedanta to make it so.
Foxconn sees business picking up
The second half of the year will be better
Taiwan's Foxconn said the second half of the year is heading "in a better direction" as Shanghai's COVID-19 lockdown appears to be easing.
Wisconsin worried it might have to foot Foxconn bill
$300 million a year
For five years, Foxconn failed to build a much-hyped sprawling factory in Wisconsin and now local politicians fear that they will be saddled with a $300 million a year bill to maintain a site that the outfit walked away from.
Foxconn claims to have shunted production away from Kunshan
Avoiding Corona crisis
Foxconn says that it has managed to avoid the worse of China’s draconian Covid crackdown in Kunshan city by moving production elsewhere.
Foxconn mulls setting up shop in Saudi Arabia
Human rights not applied
Foxconn which assembles Apple iPhones, is in talks with Saudi Arabia about jointly building a $9 billion multipurpose facility.