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As the world waits for Apple to release the iPhone 5, Reuters is reporting that Cupertino may be refreshing the iPhone 4, as well. According to two anonymous sources "with knowledge of the matter," an unnamed Korean manufacturer has already begun producing parts for a cheaper, 8GB version of the ...

3 years ago 0 Comments
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Foxconn confirmed today that its manufacturing plant in Chengdu, China has reopened and resumed operations following an explosion in its iPad 2 production facility last month that killed three employees and left others in hospital. The company has also announced that while its investigation int...

3 years ago 0 Comments
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Hon Hai Precision, the parent company of Foxconn, recorded an impressive revenue increase in its latest earnings report thanks to the iPad 2, the original iPad and the Kinect. According to the Taiwan Economic News, the manufacturing company reported revenue of NT$152.878 billion (about US$5.2 bil...

4 years ago 0 Comments
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AppleInsider reports that Brazilian billionare Eike Batista, who made his $27 billion fortune in the mining industry, is trying to convince Apple to have its products made in Brazil rather than by Foxconn in Shenzhen, China. He is currently constructing the Port of Acu in southern Brazil -- a $1.6 b...

4 years ago 0 Comments
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We've been struggling to wrap our heads 'round this whole Foxconn imbroglio since the beginning, and while we're pretty skeptical about any official reports we'd be remiss if we didn't mention that the Human Resources and Social Security Ministry in China was looking into the thing, and that they'l...

4 years ago 0 Comments
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According to Reuters, Foxconn will be raising worker wages an additional 10% from the original 20% raise announced last week. Foxconn spokesman, Arthur Huang, said that the 30% base wage increase takes effect immediately. Foxconn admits that it hopes to earn the respect of its workers and raise eff...

4 years ago 0 Comments
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Chinese website Zol -- which is owned by CBS Interactive -- is reporting that Apple may be moving toward a model of paying Foxconn employees direct subsidies, in the form of small percentages of the profits from whatever product line they work on. It's also interesting to note that the report claim...

4 years ago 0 Comments