Quantcast

Latest Foxconn Stories

Foxconn Freezes Hiring, Wall Street Dumps Apple Stock
2013-02-20 19:35:04

Michael Harper for redOrbit.com — Your Universe Online Wall Street, it seems, really wants Apple to fail. With every whiff of something that could be bad news, the sell off begins. Stock prices drop, people become panicked, and headlines are born. Foxconn today announced a hiring freeze in all their plants across China. When the Financial Times reported this news, they cited Foxconn spokesperson Liu Kun, who claimed the freeze was related to poor demand for the iPhone 5, a...

HP Cracks Down On Underage And Student Labor In China
2013-02-08 18:57:52

Michael Harper for redOrbit.com — Your Universe Online Following in Apple´s footsteps, HP is now cracking down on student and underage workers in their factories in China. According to the New York Times, HP has now issued new rules to their factories regarding these workers. These new regulations are even stricter than Apple´s guidelines for their supply chain partners. For instance, HP is now requiring all workers in their factories must be there voluntarily and...

Apple Finds Supplier Used Child Labor
2013-01-25 19:13:46

Michael Harper for redOrbit.com — Your Universe Online In recent years, Apple´s main manufacturer, Foxconn, has come under fire for its hiring practices and working conditions. Under Tim Cook, the company has stepped up their commitment to ensure a safe workplace for their employees and the employees of each of their partners. According to a new report from the Cupertino company, they performed 393 audits of their major suppliers last year in an effort to find underage workers,...

Apple CEO Returns To China
2013-01-08 12:41:29

redOrbit Staff & Wire Reports - Your Universe Online For the second time in less than a year, Apple Chief Executive Tim Cook is visiting China, where he met with officials to discuss the development of the country´s technology industry and related issues, various new outlets reported on Tuesday. According to Bloomberg News, Cook also spoke with Miao Wei, head of the Ministry of Industry and Information Technology about the state of mobile communications across the globe, as...

Foxconn Goes For GoPro
2012-12-20 19:09:32

Michael Harper for redOrbit.com — Your Universe Online Here´s something interesting: Foxconn, the maker of iPads, Playstations, and more, has announced today they´ll be buying up a piece of GoPro, the tiny high-definition camera loved by extreme athletes and fans of slow motion footage everywhere. According to the statement, Hon Hai (Foxconn´s flagship factory) has paid $200 million to acquire an 8.88% full-diluted stake in GoPro. In addition to snatching up a part...

Foxconn To Expand North American Operations
2012-12-09 06:57:38

redOrbit Staff & Wire Reports - Your Universe Online In the wake of reports Apple would begin manufacturing some of their Mac computers in the US starting in 2013, Foxconn Technology Group has announced plans to expand their North American operations. “We are looking at doing more manufacturing in the U.S. because, in general, customers want more to be done there,” Louis Woo, a spokesman for the Taiwanese company responsible for making the iPad and the iPhone for their...

China Paper Says iPhone 5S Coming Soon
2012-11-12 19:09:32

Michael Harper for redOrbit.com — Your Universe Online One Chinese-language newspaper has started this week strong, making some rather bold claims about the future of a few Apple devices that seem pretty tough to believe. To begin, the Commercial Times is the first to kick off the iPhone 5S rumor season, saying we´ll see a new smartphone much sooner than expected. Joining the new iPhone, according to the newspaper, is the next model iPad, just months after Apple surprised the...


Word of the Day
holluschickie
  • A 'bachelor seal'; a young male seal which is prevented from mating by its herd's older males (mated bulls defending their territory).
This comes from the Russian word for 'bachelors.'
Related