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Apple's iPad Launch May Double Hon Hai Shipments

Some rumors regarding Apple’s delay in launching new products were dismissed recently. The new iPads, iPad 5 and iPad mini 2 are expected to land sonn thereby leading to a doubling of Hon Hai shipments.

Jul 5 2013, 4:16am CDT | by

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Apple's iPad Launch May Double Hon Hai Shipments

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Apple's iPad Launch May Double Hon Hai Shipments

Apple's iPad Launch May Double Hon Hai Shipments

Some seriously tough rivalry has dogged Apple’s steps in the past few months. Hon Hai, the chief manufacturer of iPhones and iPads is ready to make the necessary changes. According to The China Post , the company won’t be giving up so soon. It is still in on the deal. The supply sources for both Apple and Hon Hai spoke of how the iPad 5 and the iPad mini 2 will be on store shelves between August and September of this year. This of course is as per plan. There have been some wild rumors concerning procrastination in the launch of the iPad mini 2.

Meanwhile, the iPad 5 will arrive on the scene at the right time. The fact that Pegatron has come in between the two doesn’t necessarily mean troubled days ahead for Hon Hai. Both Apple and Hon Hai have a mutually binding agreement. There understanding extends beyond the banal. Pegatron is basically concentrating on the budget iPhone and seeking to closely cooperate with Apple on the iPad series. As far as Apple’s iPad is concerned, Hon Hai’s shipments of the new device will see a 50%-60% increase which speaks volumes about the level of trust between the two companies. Two other projects which Apple plans to launch by the end of 2013 are a wearable device and an iTV. This will be even more beneficial to Hon Hai.

Apple is a name that is in common parlance throughout the world. And the fact that Hon Hai is in cahoots with it only increases the Taiwanese company’s prestige and morale. The two are conjointly creating leading edge technology that fulfills the new needs of a millennial generation. Apple owes much to its original founders who worked day and night to get the product off the ground. After covering the rocky road to success in the 80s and 90s, Apple finally began its journey towards extremely slim and smart devices. These included the iPhone, iPad and iPod. All three carried the imprints of the late genius Steve Jobs. This man single-handedly sacrificed his sleep and leisure time for the sake of making a difference in the world. A dent in the universe is how he portrayed this job of creating something beautiful out of ordinary components. Steve was a man who saw Apple through. He left behind a legacy and today companies like Hon Hai see Apple as an asset that they cannot afford to lose.

Image Credit: Getty Images


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Update: 5

Asia shares mixed as eurozone debt fears return

Source: Asia One

HONG KONG - Asian markets were mixed while the safe-haven yen edged up Friday following a sell-off on Wall Street and in Europe as fears over eurozone debt resurfaced with a payment crisis at Portugal's biggest listed bank.News that the parent of Banco Espirito Santo had covered up a $1.8 billion (S$2.24 billion) hole in its accounts fanned worries of a return to the debt crisis that wracked Europe just three year ...
Source: Asia One   Full article at: Asia One Jul 11 2014, 3:20am CDT


Update: 4

Lead iPhone manufacturer Foxconn negotiating to make Android handset

Source: 9to5Mac

The WSJ reports that Foxconn, Apple’s lead iPhone manufacturer, is in talks with a Chinese company to make an Android handset. Foxconn is currently responsible for the bulk of iPhone production, with Pegatron leading production of the iPhone 5c and iPad mini. Terry Gou, chairman of Hon Hai, also known as Foxconn Technology Group, told shareholders at an annual meeting Wednesday that discussions are under way with Xiamen Meitu Technology Co ...
Source: 9to5Mac   Full article at: 9to5Mac Jun 25 2014, 6:06am CDT

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Update: 3

Asian shares slip on profit-taking after Wall Street losses

Source: Channel News Asia

HONG KONG: Asian stock markets slipped on Wednesday following the previous day's gains, with investors taking their lead from losses on Wall Street as the dollar edged down against the yen.US oil prices moved higher following a report that Washington had decided to start exporting crude for the first time in four decades. File photo: The Tokyo Stock Exchange. Tokyo slipped 0.71 percent, or 109.63 points, to 15,2 ...
Source: Channel News Asia   Full article at: Channel News Asia Jun 25 2014, 3:59am CDT

Update: 1

Asia shares mixed after US record, dollar dips

Source: Channel News Asia

HONG KONG: Asian shares were mixed Friday, following another record close on Wall Street, while the dollar faced some downward pressure after the US Federal Reserve indicated interest rates would stay ultra low into next year.Oil prices were mixed after surging on the Iraq crisis Thursday, while eyes now turn to the release next week of provisional manufacturing data from China, Europe and the United States. Traders monitor ...
Source: Channel News Asia   Full article at: Channel News Asia Jun 20 2014, 3:58am CDT

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<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.




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