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The iPhone 3GS is still being sold in the US and other countries, but by the time the next-generation iPhone appears later this year the 3GS will be getting a little long in the tooth. Jefferies & Company analyst Peter Misek says that Apple has apparently signed a deal with a global distrib...

3 years ago 0 Comments
May 21, 2012 at 5:00PM
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China Daily is claiming that Foxconn will pump $210 million into building a production line in China's Jiangsu province. Local authorities have stated that the plant in Huai'an city will produce components for Apple, no doubt heralding a raft of rampant speculation as to Cupertino's intentions. Th...

3 years ago 0 Comments
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For those unaware, going at it alone in the cutthroat display business isn't exactly a recommended business approach. To wit, Sharp -- once a mainstay in the LCD industry -- has just sold an approximate 10 percent stake of itself to Taiwan's Hon Hai Group. Sharp will be issuing new shares worth $80...

3 years ago 0 Comments
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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