Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn.
The suspensions come amid tensions between the two countries and are likely to disrupt manufacturing as Apple tries to diversify production away from China.
In addition, equipment shipments are delayed, potentially disrupting next-generation iPhone production in India.
Recent shifts in the global smartphone manufacturing landscape highlight diversification efforts among iPhone manufacturers. Tata Electronics is exploring partnerships with major Android brands, while Luxshare expands through acquisitions,
Foxconn's fourth quarter 2024 revenue surged 15.17%, setting a record for the highest revenue ever, driven by strong demand in AI.
Buoyed by their impressive performance, the companies are busy expanding into new products and places. Contract manufacturers have also been expanding into new industries. In October Foxconn unveiled two new electric-vehicle designs,
Apple's iPhone assembly partner Foxconn has asked the Indian government for larger payments from a manufacturing fund, because other companies failed to meet standards.
BANGKOK--Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like ...
Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn BANGKOK -- Auto industry newcomers like Taiwan-based iPhone ...
UBTech and Foxconn have signed a ‘comprehensive long-term partnership’ to deploy more robots in the iPhone maker’s factories.
Apple wants to develop the subcontinent into a major production location and needs its manufacturers to do so.
If the suspensions persist, they could hinder Apple’s efforts to develop next-generation iPhones in India, a key part of its broader manufacturing strategy.