Skip to main content

Contract manufacturer

See All Stories
Site default logo image

Strong iPhone 6 demand helps Foxconn achieve 56% rise in year-on-year earnings

foxconn

Record iPhone sales helped Apple’s lead manufacturer Foxconn to achieve 56% growth in year-on-year earnings, Apple representing almost half the company’s turnover. Foxconn achieved its highest first quarter profit growth in a decade, reports the WSJ.

The company also more than doubled its 2014 dividend from NT$1.80 per share to NT$3.80 (US$0.06 to 0.12).

Apple announced last month that it sold 61.1M iPhones in its fiscal Q2, demand for its larger-screened phones remaining extremely strong after the initial record start. Two analysts with strong track-records yesterday predicted that this success is likely to continue, forecasting sales of 51M iPhones in the current quarter.

Watch the full BBC documentary on iPhone factory working conditions while you can

Site default logo image
A screengrab from the documentary showing workers sleeping on the production-line

A screengrab from the documentary showing workers sleeping on the production-line

The full BBC documentary on working conditions in iPhone factories has been unofficially uploaded to YouTube. It probably won’t be too long before it gets pulled, so if you want to see it, watch it while you can – we’ve embedded the full video below … 
Expand
Expanding
Close

Tim Cook “deeply offended” by BBC allegations of poor working conditions in iPhone factories

Site default logo image

apple-china

In a letter to UK staff, Tim Cook is said to have been “deeply offended” by allegations made in a BBC undercover documentary that Apple had broken promises over the working conditions in Pegatron’s iPhone factories in China, reports the Telegraph.

In an email to around 5,000 staff across the UK, Apple senior vice president of operations Jeff Williams said both himself and the chief executive were “deeply offended by the suggestion that Apple would break a promise to the workers in our supply chain or mislead our customers in any way”.

“Panorama’s report implied that Apple isn’t improving working conditions,” he continued. “Let me tell you, nothing could be further from the truth.”

Williams said that Apple had provided both “facts and perspective” on the allegations, but the BBC had chosen not to include these in the program … 
Expand
Expanding
Close