Hundreds of workers at the world’s largest iPhone factory in Zhengzhou, China protested strict zero-COVID policies, poor working conditions, and mismanaged contracts on Wednesday—and analysts wa...
Tag: IPhone
Foxconn Apologizes After Workers Revolt At World’s Largest iPhone Factory
Topline Apple supplier Foxconn on Thursday issued an apology for chaos at its Zhengzhou plant—the world’s largest iPhone factory—and offered ¥10,000 ($1,400) compensation to any disgruntled workers wh...
How Apple’s iPhone workshop descended into rioting
Foxconn Apple – UGC/AP Hundreds of workers have rioted at Foxconn’s flagship iPhone plant in China, smashing equipment and clashing with hazmat-clad police over pay and living conditions. ...
Apple Shares Dip In Premarket Amid Covid Protest At China’s Biggest iPhone Factory
Topline Violent clashes broke out between security personnel and workers at China’s largest iPhone factory protesting delayed bonus payments and poor living conditions caused by stringent pandemic rul...
Protests Flare In China At World’s Largest iPhone Factory — Reports
The Taiwan headquarters of iPhone supplier Hon Hai Precision, one of the world’s largest electronics … [+] contractor manufacturers. (Photo by Craig Ferguson/LightRocket via Getty Images) ...
S&P 500 Tops Key Level In Market Rally; Riots Hit Apple iPhone Factory In China
Dow Jones futures were little changed early Wednesday, along with S&P 500 futures and Nasdaq futures. The stock market rally rebounded Tuesday, with the S&P 500 retaking the 4,000 level. A hug...
AAPL Stock: Apple iPhone 14 Pro Shortages Continue
Apple‘s (AAPL) iPhone 14 supply continues to be negatively impacted by a Covid-related production slowdown at its main assembly plant in China. AAPL stock rose on Friday. X However, Apple is unl...
Apple Says Customers Will Wait Longer to Receive iPhone 14 High-End Models Due to Shipments Delay
As the lockdown affects the Apple iPhone 14 shipments, Chinese investors are likely disappointed. Tech giant Apple (NASDAQ: AAPL) has announced a delay in the shipments of the high-end iPhone 14 model...
Apple’s iPhone sales could take another hit in December quarter
Apple Inc (NASDAQ: AAPL) is trading down on Monday after the multinational said it was temporarily cutting iPhone 14 production, citing the COVID restrictions at its primary facility in Zhengzhou, Chi...
There’s a silver lining in Apple’s iPhone 14 warning: analyst
If there is any tiny positive from Apple’s fresh iPhone production warning, it’s that recession fears haven’t stopped people from wanting $1,000 plus new models and waiting weeks to ...
Tech can’t find a bottom; industrial, consumer stocks bounce
Lots of companies got clocked last week. We saw weakness in a host of industries everything from media to gambling to cloud computing and software sales. The pain in the technology sector seems to kno...
Apple’s Big Problem Gets Bigger
Apple (AAPL) has been one of the big surprises of the current quarterly earnings season so far. The manufacturer of the iPhone and the iPad managed to thwart the most optimistic forecasts during th...
Apple Stock Jumps on Earnings but Faces Key Test on the Chart
Apple (AAPL) helped lend some stability to the Nasdaq last night when it reported earnings after the close. Now it’s doing so on Friday. Big tech has not reacted well to earnings this week and Amazo...
Apple Stock: iPhone Maker Warns Of Holiday Slowdown
After delivering better-than-expected results for the September quarter, consumer electronics giant Apple (AAPL) warned of a slowdown ahead for the December quarter. Still, Apple stock rose on Friday....
Now Buy iPhone 14pro With Cryptocurrency
Now Buy iPhone 14pro With CryptocurrencyOctober 17, 2022Can one buy iPhone 14pro with Bitcoin?iPhone has captured the world’s imagination. It is constantly changing, innovating and revolutionising.As ...
Apple, Goldman Sachs introduce interest-bearing savings accounts
Apple will soon allow iPhone users to put credit card rewards from Apple Card and additional funds from separate bank accounts into an interest-bearing savings account. In a press release Thursday, Ap...
Apple iPhone Exports From India Doubling in Boon to Modi’s Plan
(Bloomberg) — Apple Inc.’s iPhone exports from India crossed $1 billion in the five months since April, according to people familiar with the matter, signaling the South Asian nation is making p...
Apple’s falling iPhone demand isn’t as bad as it sounds
Apple (AAPL) is pulling away from iPhone 14 production, retreating from plans to increase manufacturing by 6 million units, according to a report by Bloomberg. Apple hasn’t confirmed the report, but i...
Apple bails on increasing iPhone production: what does it mean for the stock?
Apple Inc (NASDAQ: AAPL) is reportedly bailing on plans to boost iPhone production after its recently launched iPhone 14 failed to push demand as high as the multinational had anticipated. Shares brok...
Apple to Begin Manufacturing iPhone 14 Models in India, AAPL Stock Up
India is the world’s second-largest market for smartphones and with the limited presence of Apple in the region, the move to add iPhone 14 production is considered one of the most strategic steps to d...
10 Best Crypto Games for iPhone users (Complete Review 2022)
You should start playing crypto games immediately if you have an iPhone. These wildly innovative new games reward your gaming with prizes from the real world. Check out these best crypto games for iPh...
Billionaire Anil Agarwal’s Vedanta, iPhone Assembler Foxconn To Build $20 Billion Semiconductor And Display Plants In India
Anil Agarwal Sanjeev Verma/Hindustan Times via Getty Images Indian natural resources conglomerate Vedanta and Taiwanese manufacturing giant Foxconn will jointly invest 1.54 trillion rupees (about $20 ...
A Decade Deep: The Cost Of An iPhone Over The Years, Measured In BTC & ETH
The cost of an Apple iPhone over the years has only gone up. But has the iPhone price over the past decade outpaced the price of BTC, or ETH? Not even close, according to a new report from the folks a...