Aspiring Taiwanese independent presidential candidate Terry Gou has resigned from the board of Foxconn, the Apple supplier he founded nearly a half-century ago. The company, officially registered as Hon Hai Precision Industry Co., Ltd., issued a news release late Saturday saying Gou, its former chair, had resigned for personal reasons.
Apple s upcoming iPhone 15 is reportedly entering production in Tamil Nadu, India, as the company aims to reduce manufacturing disparities with China. The move is part of Apple s broader initiative to diversify its manufacturing beyond China and reduce supply chain vulnerabilities.
The Taiwanese company, the world s largest contract electronics maker, said net profit for the April-June quarter slipped to T$33 billion from a revised T$33.29 billion in the same period the previous year.
India Gains At The Cost Of China As Apple Adjusts Supply Chain swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Taiwanese electronics giant Foxconn has bought a huge tract of land on the outskirts of Bengaluru, the key Apple supplier said in a filing Tuesday as it looks to diversify production away from China.