Foxconn
About Foxconn
Founded in 1974, Foxconn Technology Group has achieved remarkable international milestones under the leadership of the Group's chairman, Terry Gou. Guided by the key growth strategy that hinges on "time to market", "time to volume" and "time to money", the Group has pioneered a holistic digital solution for the 3C industries based on the integrated concept of "IIDM-SM", namely Integration, Innovation, Design, Manufacturing, Sales and Marketing. In 2018, Foxconn achieved NT$ 5.2 trillion in revenue, and received an array of international accolades and recognitions: Foxconn Technology Group was ranked 24th among Fortune Global 100, 105th among Forbes Global 2000, 8th among Forbes Top Multinational Performers, and 215th among Forbes World's Best Employers. As a leading technological solution provider, the Group has fully leveraged its expertise in software and hardware to integrate its unique manufacturing prowess with emerging technologies. By developing a key growth strategy that deepens and capitalizes on its expertise in Cloud Computing, Mobile Devices, IoT, Big Data, AI, Smart Networks and Robotics/Automation, the Group has expanded capabilities in four key technologies - Data Tech, Analytics Tech, Platform Tech, Operations Tech. Envisioning a robust, dynamic "8K+5G" ecosystem that will touch across eight aspects of smart lives, the Group aims to develop into a technology company that revolves around six major flows - goods flow, people flow, technology flow, money flow, information flow and process flow.
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iPhone 16 Pro vs. Ultra-Thin iPhone 17 Air: Live Mockup Comparison
- The iPhone 17 Air is rumored to be the thinnest iPhone ever, with a thickness of just 6mm.
- The mockup shows three cameras, but leaks suggest the final version may have only one 48-megapixel camera.
- The device could feature a 6.5-inch display, Apple's in-house modem, the A19 chipset, and 8GB of RAM.
- Production has entered the New Product Introduction (NPI) phase at Foxconn, indicating a potential launch in the near future.
Apple rumored to have started production on the iPhone 17 Air
- The iPhone 17 Air has officially entered the production phase at Foxconn.
- It is rumored to be the slimmest iPhone ever, measuring only 6mm thick.
- There are speculations about the iPhone 17 Air being a precursor to Apple's folding iPhone.
- The phone is expected to come with a single rear camera and rely entirely on eSIM technology.
Apple shares hit new all-time closing high
- Shares of Apple Inc. (AAPL) reached a new all-time closing high of $248.13.
- Apple currently holds the title of the world's most valuable company with a market value of $3.751 trillion.
- The top five U.S. publicly-traded companies based on market value are Apple, NVIDIA, Microsoft, Amazon, and Alphabet.
- Apple assembler Foxconn will begin producing AirPods wireless earphones in India for the first time.
Apple assembler Foxconn to begin AirPods production in southern India early next year
- Apple assembler Foxconn will begin producing AirPods wireless earphones in India for the first time early next year.
- A unit of supplier Foxconn Technology Group will start assembly of AirPods at a new factory near Hyderabad in Telangana state around the first quarter of next year.
- This marks a milestone in Apple's diversification efforts out of China.
- India is now a key part of Apple's effort to reduce its dependence on China as tensions flare between Washington and Beijing.
iPhone 17 Air Model Enters Product Introduction Phase at Foxconn
- Apple's rumored iPhone 17 Air model has entered the new product introduction phase (NPI) at Foxconn.
- The NPI phase involves design validation, prototyping, supplier qualification, and manufacturing process development.
- The iPhone 17 Air is expected to have a slimmer design and fall between the iPhone 17 Pro and 17 Pro Max in size.
- It will feature a custom-designed 5G modem chip and a relocated rear camera.
iPhone 17 Air is real, and Foxconn is already making it
- According to supply chain sources, Foxconn has entered the new product introduction phase for the iPhone 17 Air, indicating that the device is on schedule for release in late 2025.
- Earlier rumors suggested that Novatek would begin mass production of a new OLED display technology for the iPhone 17 Air, further indicating the device's potential release in the second half of 2025.
- The iPhone 17 Air is expected to be a premium version of the non-Pro iPhone 17, with an estimated price of $1,299 and features such as the A19 chip, 8 GB of RAM, and two main cameras.
- Rumors suggest that the iPhone 17 Pro models may have 12GB of RAM, the A19 Pro chip with TSMC's N3P manufacturing process, and three 48MP primary cameras.
AirPods to Be Made in India for the First Time Next Year
- Apple will begin making AirPods in India for the first time early next year.
- Foxconn will manufacture the wireless earphones at a factory near Hyderabad in Telangana state.
- The decision to set up production in India was influenced by financial incentives offered by the Indian government.
- The move is part of Apple's plan to reduce production reliance on China.
Foxconn’s sales surge on Apple product demand as AI growth slows
- Foxconn, a major assembler of Apple products, reported a 3.47% YoY increase in November sales, driven by strong sales in the Computing Products category.
- The company's Cloud and Networking Products division also supported the sales growth, fueled by ongoing demand for AI servers.
- Foxconn expects significant sequential and annual growth in the fourth quarter, which is traditionally a high season for the sector.
- Apple's release of new Apple Intelligence features and expansion to more countries is expected to further boost sales for both Apple and Foxconn.
Thailand’s PTT to reduce its 60% stake in Foxconn EV JV, Taiwan firm will take the lead – plans delayed
- Thailand's PTT plans to reduce its stake in the Foxconn EV joint venture and let Foxconn take the lead in the project.
- PTT's original plan was to produce EVs in Thailand starting from 2024, but there is no sign of a production car yet.
- The stake reduction is due to intensifying competition in Thailand's EV market, with an influx of Chinese brands.
- Foxconn also announced that it would not reach its original targets for global market share and revenue in the EV sector.
Foxconn Asks Indian Recruiters To Remove Marital Status From Job Ads
- Foxconn has instructed its recruiting agents in India to remove marital status criteria from job advertisements for iPhone assembly positions.
- The company provided standardized recruitment templates to vendors and warned them about contract termination if they continue using its name in advertisements.
- The move comes after allegations that Foxconn was excluding married women from jobs at its iPhone assembly facility in Tamil Nadu.
- Foxconn denies the allegations and claims that it hires employees regardless of gender.
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