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Foxconn News

25 Nov 2022

Foxconn offers $1,400 to each new hire to leave China iPhone factory

The new hires at the world's largest iPhone factory will receive the money if they tender their resignation immediately, reports South China Morning Post.

24 Nov 2022

Foxconn apologises for pay-related error at China iPhone plant after unrest

Foxconn said on Thursday a pay-related "technical error" occurred when hiring new recruits at a COVID-hit iPhone factory in China. It apologised to workers after the company was rocked by fresh labour unrest. The factory makes Apple devices including the iPhone 14 Pro and Pro Max, and accounts for 70% of iPhone shipments globally.

13 Nov 2022

Vedanta-Foxconn to set up downstream in Maharashtra, bigger than Gujarat

Vedanta-Foxconn signed an MoU with the Gujarat government to set up a semiconductor unit. Vedanta-Foxconn would invest Rs 1,54,000 crore to set up the facility in Gujarat. Rs 94,000 crore will go into setting up the display manufacturing unit, while Rs 60,000 crore will be invested in the semiconductor facility.

11 Nov 2022

iPhones: Amid China covid scare, Foxconn to quadruple workforce at TN plant

iPhones are assembled in India by at least three of Apple's global suppliers- Foxconn, Pegatron and Wistron. Foxconn plans to boost the workforce at its Tamil Nadu plant to 70,000 by adding 53,000 more workers. Foxconn has already begun production of the iPhone 14 in India.

07 Nov 2022

China's Covid curbs delays Apple iPhone 14 Pro, iPhone 14 Pro Max shipment

Customers who may have ordered iPhone 14 Pro and iPhone 14 Pro Max may have to wait a bit longer. Apple said that Covid restrictions in central China have "temporarily impacted" production at the Foxconn plant. Foxconn China is currently operating at a significantly reduced capacity.

19 Oct 2022

Apple supplier Foxconn hopes to make Tesla electric vehicles in future: Report

Apple supplier Foxconn is already working with Lordstown Motors and Fisker to produce Electric Vehicles on their behalf in the United States.

20 Feb 2022

iPhone maker Foxconn to make semiconductors in India with Vedanta

Foxconn said it had signed a memorandum of understanding with oil-to-metals group Vedanta to make semiconductors. Foxconn said it would invest $118.7 million to set up a joint venture company with Vedanta.

18 Feb 2022

Vedanta to invest up to $20 billion in semiconductor business in India

Avanstrate has applied for setting up a semiconductor plant and a display manufacturing unit. Vedanta has signed a memorandum of understanding with electronics manufacturing services giant Foxconn to form a joint venture company. The joint venture company will manufacture semiconductors in India.

14 Feb 2022

iPhone maker Foxconn to make chips in India with Vedanta

Foxconn said it would invest $118.7 million to set up a joint venture company with Vedanta. The company has also in recent years announced plans to become a major player in the global EV market.

29 Dec 2021

Apple puts supplier Foxconn's India plant on notice after worker protests

The latest action follows protests that erupted this month. Over 250 women working at the plant and living in one of the dormitories were treated for food poisoning. More than 150 were hospitalised.

25 Dec 2021

TN Govt asks iPhone assembly unit Foxconn to take better care of workers

This comes nearly a week after hundreds of Foxconn workers protested and blocked the crucial Chennai-Bengaluru highway. According to the protestors, there were long-standing issues between the management and the contractual workers, which the management allegedly refused to address or resolve. Nearly 14,000 men and women are employed in the Foxconn unit that manufactures electronic components, iPhones for Apple and handsets for other leading smartphone brands.

21 Dec 2021

Apple iPhone 13 to get manufactured in India: Check details here

Apple aims to begin commercial manufacturing of the iPhone 13 in India in February for both the domestic and export markets. Apple has also secured a supply of semiconductor chips, which has aided the company's expansion strategy to bring manufacturing to India. The iPhone 11 and iPhone 12 are already manufactured at the Foxconn plant in Chennai.

18 Dec 2021

Over 150 Foxconn India factory workers hospitalised after food poisoning

Foxconn did not immediately respond to a request for comment Most of the Taiwanese manufacturer`s workers in India are women

20 Oct 2021

Foxconn unveils 3 new EV prototypes including two sedans with upto 750km range

The prototypes are projected to become actual models from 2022 for Model T. The Model C is projected to be available by 2023.

Apple iPhone 12

11 May 2021

Foxconn's iPhone output in India down amid second COVID-19 wave

Tamil Nadu is one of the worst-hit states in the second coronavirus wave engulfing India. More than 50 percent of the plant's capacity had been cut, both sources said, declining to be named as they were not authorised to speak to the media. Foxconn similarly said strong smartphone sales contributed to a stronger-than-expected performance in the fourth quarter amid the work-from-home trend.

24 Feb 2021

Apple supplier Foxconn ties up with Fisker for EV production

Fisker's shares jumped 23.4% to $20.10 in premarket trading. "Project PEAR" (Personal Electric Automotive Revolution), is looking at markets globally including North America, Europe, China and India Foxconn aims to provide components or services to 10% of the world`s EVs by 2025-2027

21 Feb 2021

Apple supplier Foxconn says 'limited impact' from chip shortage on clients

The shortage in the manufacture of the chip has resulted in the global auto manufacturer to cut production. Counterpoint Research says the shortage has extended to the smartphone sector. It is estimated that Apple will face a minimal impact from this shortage.

12 Jul 2020

Apple supplier Foxconn to invest USD 1 billion in India: sources

Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said.

09 Sep 2019

Apple, Foxconn say they overly relied on temporary workers in China

The response comes after China Labor Watch on Monday issued a lengthy report accusing the two companies of breaching numerous Chinese labour laws, including one barring temporary staff from exceeding 10% of the total workforce.

02 Sep 2019

Apple products may get costlier with new 15% tariff

Apple has its products assembled by Foxconn in China.

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