Foxconn sales declined 19% during the first quarter of 2013, and “disappointing” demand for Apple’s iPhone is getting the blame, Reuters reports. Between January and March, the company’s sales totaled NT$808.97 billion ($26.96 billion), down from NT$988.24 billion ($32.99 billion) in the fourth quarter of 2012, and NT$1 trillion ($33.38 billion) a year ago. “A [...]Show More Summary
Just because the iPhone is still the world’s best-selling smartphone, that doesn’t mean its sales can’t be disappointing relative to expectations. Reuters reports that iPhone manufacturer Hon Hai, which trades publicly as Foxconn, reported a 19% decline in revenue compared to a year ago. Show More Summary
KGI Securities analyst Ming-chi Kuo has suggested in a Reuters story that a 19% drop in sales by Apple supplier Foxconn may be due to disappointing demand for the iPhone … Foxconn sales fell from T$988B (US$36B) in Q1 last year to T$809 (US$27B) in the same quarter this year. “A quarterly decline was expected, but [...]
Hon Hai Precision Technology, the electronics manufacturer perhaps better known to consumers as Foxconn, saw its sales for the first quarter decline by 19% year-over-year, according to Reuters, in what may be a bad omen for sales ofShow More Summary
Reuters is reporting that Hon Hai, the manufacturer that everyone else knows as Foxconn Technology, saw its sales tumble in the first quarter of this year. In the post-Christmas season, the iPhone maker brought in $26.9 billion -- a fall of 19 percent compared to the same quarter last year. Show More Summary
Sales were down 19 percent in the first quarter at Foxconn, manufacturer of devices for Apple and others, in a decline that was reportedly driven primarily by lower iPhone sales.
Foxconn is a company that has been mired in controversy in the past, where workers there must have had enough of their lot that they decided to end their lives at the place of their work, including jumping off the facility building.Show More Summary
Apple and Foxconn’s jumper problem might not be a thing of the past after all, as reports over the weekend broke that two workers have jumped from the roof of Foxconn’s Shenzhen factory on Friday in reaction to job cuts, lowered wages and the end of free amenities at the world’s largest gadget manufacturer. Show More Summary
Reduced orders at Foxconn, a technology manufacturer that partners with Apple and other major device makers, have allegedly caused discontent amongst factory workers, one of whom reportedly jumped from a factory roof but did not die...
Foxconn, the manufacturing arm of the Taiwanese Hon Hai Precision Industrial Co is once again caught in the center of media attention in China. Over the weekend reports appeared saying that two workers had jumped off a building at Foxconn's Shenzhen plant. Read more...
Google‘s high-tech glasses will be manufactured in California, according to multiple reports, in the latest example of an American tech company choosing to build one of its products in the United States. Google’s highly touted computerized...Show More Summary
A “confidential presentation” that outlines the upcoming product plans for a manufacturer based in Shenzhen, China, suggests the iPhone 5S could launch in June this year. Most rumors have suggested the device wouldn’t arrive until this fall, around 12 months after the iPhone 5, but an accessory manufacturer with direct links to Foxconn is confident it’ll be [...]Show More Summary
In today’s mobile news roundup: BlackBerry reports profit as co-founder departs; Google Glass will be made by Foxconn in the US; Google Maps now includes real-time subway departure data; India toughens up tax laws, plows through companies such as Nokia; … Continue reading ?
A confidential presentation that describes a Shenzhen-based manufacturer's 2013 product plans points to a few interesting bits of information about the iPhone 5S launch in June 2013 and Foxconn's role as manufacturer of record for Apple products.
The manufacturer of the hi-tech specs will be Hon Hai Precision Industry (also known as Foxconn) at its Santa Clara plant. Google's nearly-here wearable tech, Project Glass, will be made in California. Google has entrusted the manufacture...Show More Summary
Google Glass will be manufactured in Silicon Valley, the Financial Times reports citing people familiar with Google's plans The much-hyped gadget will be produced by Taiwan's Hon Hai Precision Industry, also known as Foxconn — the company that builds Apple's iPhone. Show More Summary
Google Glass will be put together in Silicon Valley for starters. (Credit: Stephen Shankland/CNET) Like so many other popular and much-coveted tech gadgets, Google Glass will be made by China's Foxconn -- but not in China. The Financial...Show More Summary
Sergey's space-specs to be built by Foxconn in California You had to be a US resident to sign up for the Google Glass Explorer competition, and now it looks as though it could be quite a while before Google's sci-fi headgear is spotted outside US soil, because the headsets will reportedly be American-made, too.…
Google’s (GOOG) highly anticipated wearable computing device will reportedly be manufactured in the United States. According to the Financial Times, the company has contracted Foxconn to assemble Google Glass at a facility in Santa Clara, California. Show More Summary