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2 comment(s). Last comment by IDQWE001 2023-03-17 19:37
Posted by qqq47660 > 2023-03-17 19:27 | Report Abuse
u may not realise it but China is bigger than apple, bigger than foxconn.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by IDQWE001 > 2023-03-17 09:29 | Report Abuse
The deal will see Foxconn, the world’s largest contract electronics maker and assembler of around 70% of all iPhones, become an AirPod supplier for the first time and underlines efforts by the key Apple supplier to further diversify production away from China. — Bloomberg Foxconn Technology Group, the worlds largest electronics contractor by revenue, has halted a plan to manufacture tablet computers in Hengyang in Central Chinas Hunan province according to a statement from Foxconns parent company, the Taipei-based Hon Hai Precision Industry Co Ltd, to the Taiwan Stock Exchange on Tuesday. A report in the Xiaoxiang Morning Herald on May 1 said Foxconn was to be planning to make its Hengyang tablet computer plant operational by the end of May and the Hengyang plant was expected to produce 10 million tablet computers this year, and to have an annual output value of 20 billion yuan ($3.1 billion). A media officer from Hengyangs Baisha Industrial Park acknowledged the statement from Foxconn and confirmed there are ongoing coordination issues related to the matter. TAIPEI: Taiwanese contract manufacturer Foxconn has won an order to make AirPods for Apple Inc and plans to build a factory in India to produce the wireless earphones, two people with direct knowledge of the matter have told Reuters. The deal will see Foxconn, the world’s largest contract electronics maker and assembler of around 70% of all iPhones, become an AirPod supplier for the first time and underlines efforts by the key Apple supplier to further diversify production away from China. AirPods are currently made by a range of Chinese suppliers. One source said Foxconn will invest more than US$200mil (RM900mil) in the new India AirPod plant in the southern Indian state of Telangana. It wasn’t immediately clear how much the AirPod order would be worth. ...