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A Sour Apple? Annual iPhone Sales Said To Fall For The First Time Ever
Monday, June 13, 2016 - 7:55am | 285Read More...Apple Inc. (NASDAQ: AAPL) investors haven't had it easy over the past year with shares falling more than 20 percent as bearish sentiment over the company's ability to continue innovating and boost iPhone sales diminish. According to a new report from Nikkei Asian Review, the worst may...
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Taiwan's Stock Market Surges Following Reports Apple Supply-Chain Manufacturers Told To Expect Massive iPhone 7 Output
Monday, May 23, 2016 - 8:45am | 217Read More...Taiwan's stock exchange jumped higher on Monday as the country's main index, the TSEC, gained 2.62 percent. Investors were buying high tech stocks and key members of Apple Inc. (NASDAQ: AAPL)'s supply chain after Taiwan's Economic Daily said that suppliers to the iPhone 7 device were told to...
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Apple Suppliers Reportedly Ramp Up Hiring For iPhone 7
Tuesday, May 17, 2016 - 4:23pm | 258Read More...Suppliers of Apple Inc. (NASDAQ: AAPL) have initiated wide-scale hiring to build iPhone 7 series, according to a report on CNBC. The report cited a job ad on the website for Foxconn's Zhengzhou, China, factory, which read, "Foxconn Zhengzhou is hiring a large number of ordinary workers...
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Inside Apple's Pegatron Supply Chain In Shanghai
Monday, April 25, 2016 - 3:13pm | 275Read More...Bloomberg was offered an exclusive look at one of Apple Inc. (NASDAQ: AAPL)'s factories that has come under fire for forcing its employees to work long and grueling hours. The factory, owned and operated by Pegatron, collaborated with Apple to adopt new procedures to fix its labor related...
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Foxconn Subsidiary Said To Obtain License To Open Retail Outlets To Sell Apple Products In China
Tuesday, April 19, 2016 - 12:09pm | 179Read More...According to a report by DigiTimes, Foxconn Electronics, the giant electronics contract manufacturing company that is a key part of Apple Inc. (NASDAQ: AAPL)'s supply chain, is eyeing an expansion of its business to include retail stores in China. DigiTimes, citing "industry sources,...
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Foxconn And Sharp Approve $3.5 Billion Deal
Wednesday, March 30, 2016 - 2:09pm | 187Read More...Foxconn stated in late February it will delay the signing of its takeover of Sharp as the company came across "material information" that "had not been previously proposed nor offered during negotiations." Related Link: Foxconn Delays Signing Of Sharp Takeover, Shares Plunge...
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Foxconn Delays Signing Of Sharp Takeover, Shares Plunge 11% In Tokyo
Friday, February 26, 2016 - 12:33pm | 171Read More...According to a report from Reuters, Sharp Corp and Foxconn agreed to extend a deadline for its takeover talks by one to two weeks. Reuters, citing "a person familiar with the matter," stated that Foxconn put the deal - which was announced on Thursday - on hold to clarify "new...
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New Apple Supplier Data Are Highly Correlated With Revenue
Tuesday, February 16, 2016 - 10:52am | 290Read More...In a new report, Stifel analyst Aaron Rakers looked at two of Apple Inc. (NASDAQ: AAPL)’s biggest suppliers to get a sense of what investors can expect for the company in Q1. According to Rakers’ numbers from Hon Hai Precision (Foxconn) and Pegatron, revenue in January was down...
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Foxconn Raises Its Offer For Sharp While Rival Bidder Remains On The Sidelines
Friday, January 29, 2016 - 3:36pm | 272Read More...According to the Wall Street Journal, Foxconn raised its offer to acquire Sharp, the struggling Japanese electronics manufacture. Foxconn is best known for being a key manufacturer of Apple Inc. (NASDAQ: AAPL) devices. However, the company has been eyeing an acquisition of Sharp to expand its...
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Report: Foxconn 'Detailed Its Offer' To Acquire Sharp
Wednesday, January 27, 2016 - 12:47pm | 185Read More...Foxconn, a major manufacturer of Apple Inc. (NASDAQ: AAPL) products, has submitted an offer to acquire the troubled electronics maker Sharp. According to Reuters, Taiwan-based Foxconn has detailed an offer to acquire the Japan-based Sharp. The publication, citing "a person with direct...
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Report: Apple Supplier Foxconn Eyes $5.3 Billion Acquisition Of iPhone Display Maker Sharp
Thursday, January 21, 2016 - 11:31am | 291Read More...According to The Wall Street Journal, Foxconn offered $5.3 billion (or ¥625 billion) to acquire Sharp. Taiwan-based Foxconn is best known for being a major assembler of Apple Inc. (NASDAQ:AAPL)'s iPhone devices. Meanwhile, Japan-based Sharp has been bailed out several times by various...
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Foxconn Vacation Rumors A Non-Story, But Apple 'Likely' To Continue Cutting Expectations: JPMorgan Analyst
Thursday, January 7, 2016 - 10:46am | 227Read More...Reports on Wednesday suggested Foxconn received a subsidy of several million dollars because of slower iPhone 6s demand, along with talk that the key Apple Inc. (NASDAQ: AAPL) supplier commenced holiday break early because of reduced production. According to Bloomberg, the company said any...
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3 Apple Stories JPMorgan Is Following
Monday, May 18, 2015 - 1:44pm | 359Read More...In a report published Monday, JP Morgan analyst Rod Hall discussed three Apple Inc. (NASDAQ: AAPL) related stories he is following. Under-The-Radar Acquisition Apple acquired Coherent Navigation, a GPS start-up that makes high-accuracy GPS devices and software. According to Hall, the...
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Fubon Research Upgraded This Apple Supplier Because Of The iPhone
Monday, March 30, 2015 - 9:47am | 235Read More...Fubon Research, a firm's coverage that is distributed through Jefferies for companies traded in Taiwan, on Monday issued a company snapshot of Foxconn Technology Co Ltd, which is publicly traded in Taiwan, as the company issued better than expected gross margin due to strong demand for high-end...
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Apple Trying To Grow Share In China With Trade-In Program
Thursday, March 26, 2015 - 8:31am | 131Read More...Apple Inc. (NASDAQ: AAPL) will introduce a trade-in program for iPhones in China, according to a report in Bloomberg. Beginning March 31, consumers can take older iPhones to stores for credit against other merchandise. Apple is in the midst of expanding its footprint in China, with CEO Tim Cook...
