Apple is reportedly eyeing an expansion of its iPhone trade-in program in China. According to a Bloomberg report, the Cupertino, California-based tech company is in talks with its manufacturer, Foxconn, to roll out a trade-in program...Show More Summary
(Reuters) - Apple Inc plans to introduce a trade-in program for iPhones in China in association with the Foxconn Technology Group, Bloomberg reported, citing people familiar with the effort. Under the program, consumers will be ableShow More Summary
Apple’s doing everything it can to push its brand in China, which Tim Cook is convinced will soon take over from the U.S. as the company’s primary market. Having recently taken the top spot for smartphone sales in the country for the first time … Read more ›
The program in China will reportedly involve Apple selling traded-in iPhones directly to Foxconn, who will then refurbish and resell the devices via its own channels. According to Bloomberg: Under the China program, retail staff at Apple...Show More Summary
A report on Wednesday claims Apple is primed to roll out an iPhone trade-in program in China that will let customers sell back old equipment to Foxconn in return for store credit.
Foxconn and other foreign businesses in China are fighting to save tax breaks and other benefits promised by Chinese cities and provinces, as Beijing ramps up a campaign against big spending by local governments.
Thanks to the consistently high local demand, the iPhone resell business is rather lucrative in China, to the point where even the company who actually manufactures the devices wants in as well. According to Bloomberg, Apple is about to launch an iPh...
Assembler of iPhones holds up proposed factory over curbs on promised subsidies.
Apple will begin rolling out an iPhone trade-in program in China in the near future. The option may become available in stores as soon as March 31st, allowing Chinese users to take advantage of the program that has helped boost iPhone sales in several countries already, including the United States, Canada, Australia, France, Germany, Italy, Spain, Switzerland, […]
As production of the Apple Watch ramps up ahead of its April 24 launch, Apple is apparently still facing yield issues, and continues to tweak its suppliers as it works to bring the wearable device to market.
Potential investment could be Foxconn’s biggest so far in high-end parts manufacturing.
Nokia announced the N1 Android tablet in late 2014 for launching in the Chinese market this year. Now, the Foxconn made, brand licensed tablet has made the trip to Mobile World Congress and we can finally see it for ourselves.
Do you think that Lean is just for Manufacturing and Six Sigma is just for manufacturing process improvement? That it’s only relevant if you are making automobiles (like Toyota) or consumer electronics (like FoxConn)? If so, then maybe you need to get out of the eighties and back to the future (no flux capacitor needed). […]
Foxconn, the main manufacturing partner for Apple, will reduce its huge workforce in the face of higher labor costs and lower revenues. The move comes even as Apple is expecting to reveal high sales for its iPhone 6 and iPhone 6 Plus later today, both of which are made at Foxconn factories. Show More Summary
Foxconn, the lead assembler for iPhones, is planning to cut its workforce despite widespread expectations that Apple will today announce record sales of its smartphones, reports Reuters. It’s likely that the proposed reduction in staffing relates to Foxconn’s work for other manufacturers, who account for around 60% of the company’s revenues. Also, Apple sells a lot […]
By Michael Gold and Yimou Lee SHENZHEN, China (Reuters) - Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, will cut its massive workforce, the company told Reuters, as the Apple Inc supplier faces declining revenue growth and rising wages in China. Show More Summary
When an Apple product succeeds, so do its suppliers. Two of Apple's iPhone suppliers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Hon Hai Precision Industry (a.k.a. Foxconn), posted record-breaking revenues for the month of December, reports AppleInsider. Show More Summary
The iPhone's strong holiday sales helped two of Apple's biggest supply chain partners --?Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry --?post record monthly revenues in December, according to the companies' regulatory filings with the Taiwan Stock Exchange.