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The Latest Breaking News from Foxconn

Here are the big stories from Karnataka today

Karnataka Today newsletter: IAF trainer aircraft crashes near Chamarajanagar, and more

The Hindu

Karnataka govt. to hand over land to iPhone maker Foxconn by July 1: Minister M.B. Patil

Karnataka Minister M.B. Patil said Foxconn planned to start manufacturing iPhone units by April 2024 at its Devanahalli plant

The Hindu

2023 Lordstown Endurance: EPA Range Rating Reveals Terrible Efficiency

The 2023 Lordstown Endurance is equipped with a 109-kWh battery, but it disappoints in terms of energy efficiency, which significantly affects the EPA range.

InsideEVs

From analysis to the latest developments in health,
read the most diverse news in one place.

Apple supplier giving factory staff $424 bonus if they can stick it out for 90 days ahead of new iPhone launch

Third-party manufacturer Foxconn is hoping to avoid any production problems ahead of the crucial Christmas shopping season following last year’s COVID difficulties.

Fortune

Key iPhone 15 supplier splashes the cash to avoid repeating its iPhone 14 delay woes

Foxconn is spending big to make sure it has enough workers to build Apple's next big iPhone.

iMore

Friday essay: what the migrant workers who made my iPhone taught me about love

Ten years ago, a group of images on a popular Chinese website caught my attention. They showed young rural migrant workers in intimate, though not overtly sexual situations: talking quietly, holding hands, kissing, embracing, or simply sitting close to each other with their limbs intertwined.

The Conversation

Surge in strikes at Chinese factories after Covid rules end

Action by workers has trebled this year as the country emerges from its draconian coronavirus measures

The Guardian - UK

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Foxconn loses iPhone 16 Pro Max build job in major change for iPhone production

iPhone 16 Pro Max's screen manufacturer is moving from Foxconn to Luxshare.

iMore

Taiwan opposition party picks New Taipei mayor, a former police chief, as its presidential candidate

Taiwan’s opposition Nationalist Party has picked the popular mayor of New Taipei City as its candidate in next year’s presidential election, seen as a referendum on the island’s future relations with China

The Independent UK

Key iPhone manufacturing partner Foxconn bets big on India's Telangana

Foxconn is investing $500 million in Telangana in southern India with new plants being set up.

iMore

Asian trade subdued as economic outlook weakens

RECAP: Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from the US and China fuelled concerns about a global slowdown.

Bangkok Post

UPDATE: Fisker Pear EV Delayed To 2025, Will Start From Less Than $30,000

The California-based EV startup initially said that the Pear will go into production in 2024 at the Foxconn-owned factory in Ohio where the Lordstown Endurance electric pickup is currently being made.

InsideEVs

iPhone maker Foxconn buys huge site in Devanahalli

Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Bengaluru, the key Apple supplier said in a filing on Tuesday (May 9) as it looks to diversify production away from China.

The Hindu

iPhone maker Foxconn buys huge site in India

BENGALURU, India: Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Indian tech hub Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.

Bangkok Post

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InsideEVs

Lordstown Motors Anticipates Endurance Production “Will Cease In The Near Future”

With just 31 Endurance pickups assembled and ready for sale as of February 2023, and just six units delivered so far, the company is now anticipating a rapid fall.

Barchart

Here’s Why You Should Stay Away From Lordstown Motors (RIDE)

Once attracting intense interest for its commercial EV ambitions, the lights may go out on Lordstown Motors as RIDE stock crumbles badly.

The Hindu

In ‘India as Eden’ offer, the apple of diluted labour laws

The dormitory labour regime being practised in Mainland China, and which is close to being recreated in India, will blur the socio-spatial boundaries between work and life for Indian labour

InsideEVs

Lordstown Warns Of Bankruptcy As Foxconn Threatens To Cut Funding

Foxconn's decision was rushed by a Nasdaq warning to Lordstown that its stock may be delisted after falling below a minimum $1 per share for 30 straight days.

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Reuters

Founder of Taiwan's Foxconn says China won't attack if he's president

The billionaire founder of Taiwan's Foxconn and presidential hopeful Terry Gou said on Thursday China does not want war with the island and would not attack if he become president as he would not declare independence.

Fortune

It's not just a store: Apple's retail debut in India says a lot about the company's future ambitions

The country could be key to Apple's future growth.

The Independent UK

Microsoft looks to buy $50m Foxconn parcel in Wisconsin

Microsoft has agreed to buy a $50 million parcel of land in southeastern Wisconsin from Foxconn after the world’s largest electronics manufacturer failed to fulfill grandiose promises to build a massive facility that would employ thousands of workers

Fortune

CEO Tim Cook opens Apple's first India store in Mumbai

Apple is both selling and making more phones in India as the company shifts its supply chains away from China.

Reuters

Foxconn founder, seeking Taiwan presidency, has no plan to visit China

Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn, has no plan for now to visit China, he said on Tuesday, in his bid to become the presidential nominee of Taiwan's main opposition party.

Al Jazeera

World’s largest population: Will India gain or lose?

India has the world’s largest workforce. But without enough good jobs, that unmatched advantage could be a nightmare.

Tribune News Service

Apple India iPhone output soars to $7 billion in China shift

Apple Inc. assembled more than $7 billion of iPhones in India last fiscal year, tripling production in the world’s fastest-growing smartphone arena after accelerating a move beyond China.

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