One of Foxconn's Chinese factories was forced to close yesterday when a massive fight broke out that damaged equipment. Reports indicate that about 2000 workers were involved in a fight that left 40 people injured. It's unclear what caused the brawl with some reports indicating a disagreement between workers and a restaurant owner started the violence.
Other reports indicate that the disagreement started after a worker got into an argument with a Foxconn security guard. The factory has opened back up and Foxconn hasn't indicated whether the closure will affect supplies of the iPhone 5.
Apple is without question Foxconn's largest and most important client. The China-based electronics manufacturing giant has seen its revenue skyrocket since it began building iPhones and iPads for Apple, and 2014 will seemingly be the biggest year yet for the iPhone, with two new models set to debut and as many as 80 million units on order.
Since the iPhone 6 and "iPhone Air" phablet comprise Foxconn's most important project eve ... Source: BGR
Full article at: BGR
4 days ago, 2:09pm CDT
A new report citing unnamed sources "familiar with the matter" claims that Apple has put in orders for its largest-ever initial iPhone run, asking suppliers Foxconn and Pegatron to produce between 70 million and 80 million units for the devices' debut in the fall through the end of the year. Claiming that the order includes both 4.7-inch and 5.5-inch models (though the latter has yet to reveal solid evidence of actually existing), the new upcoming production run compares ... Source: MacNN
Full article at: MacNN
Jul 21 2014, 9:40pm CDT
John Chen devised a turnaround plan after joining BlackBerry (BBRY) eight months ago that has proved fruitful. BlackBerry shares have risen 50.46% so far this year, while the Technology SPDR ETF (XLK) has risen 8.81%. The company’s performance was better than analysts’ expectations in the first quarter of its fiscal 2015 (1QFY15). After reporting a loss of $423 million in 4QFY14, BlackBerry redeemed itself among invest ... Source: bidness etc
Full article at: bidness etc
Jul 9 2014, 7:54am CDT
After various reports indicated that Apple’s iPhone suppliers including Foxconn and Pegatron are getting ready for the iPhone 6, Bloomberg chimed in saying that the two bigger iPhone 6 models will enter mass production in July. The publication has learned from people familiar with the matter that the two iPhone 6 models will have 4.7-inch and 5 ... Source: BGR
Full article at: BGR
Jun 24 2014, 8:30am CDT
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