30 percent automation in China by 2020
According to the latest reports from Foxconn executives, the world’s largest contract electronics manufacturer now plans to replace nearly its entire human workforce with automated machines over three testing phases, due to advancements in the number of robots it can produce per year.
Japan a bit too pricey
Foxconn and Sharp are to set up a $6.95 billion10.5G or 11G LCD TV panel factory in China. Needless to say Foxconn is stumping up most of the cash and Sharp is to providing the manufacturing technology.
Flogged them for $1.5 million
A Taiwanese Foxconn manager nicked 5,700 iPhones and flogged them for a $1.56 million profit and hugely undercutting Jobs' Mob
12 stories without a safety net
An angry Amazon employee sent an email to hundreds of co-workers, including Chief Executive Officer Jeff Bezos before flinging himself off Amazon’s 12-story Apollo building.
Subsiding production like all good socialists
Donald “Prince of Orange” Trump has said that he is prepared to offer all sorts of sweeteners so that Apple will set up a plant in the US.
The cost of “Made in America”
Apple’s assembler Foxconn has been looking at the possibity of setting up iPhone production to the US before Donald “Prince of Orange” Trump orders the US company to do so.
Lower than expected results
Shipments of smartphones by Taiwan-based brand vendors and handset ODMs showed a surprise fall.
Expects significant improvement
Troubled Japanese telly maker Sharp is expecting significant improvement in annual profit due to restructuring with its new owner Foxconn.
Android devices containing Foxconn firmware might have a backdoor thanks to a debugging feature left inside the OS bootloader.