Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn.
Foxconn is halting new work rotations for its Chinese employees at its Apple iPhone factories in India, and sending Taiwanese workers instead, according to five people familiar with Foxconn’s operations in India. Shipments of specialized manufacturing ...
The suspensions come amid tensions between the two countries and are likely to disrupt manufacturing as Apple tries to diversify production away from China.
It appears that China is now paying attention to Apple and other electronics and car businesses who are shifting their manufacture and assembly to India and other countries. A Bloomberg article claims that China is making it more difficult for workers and specialized machinery required for high-tech manufacturing in Southeast Asia and India to exit its borders.
Apple wants to develop the subcontinent into a major production location and needs its manufacturers to do so.
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 ...
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 Japan’s Nissan
In December 2024, reports emerged that two of Japan's automotive juggernauts are looking to form a merger akin to the automotive equivalent of a 'dream team.' On Dec. 23, the leaders of Japanese automakers Nissan (NSANY) and Honda (HMC) announced that they intend to merge under a holding company in an effort to stay competitive against its rivals in a world shifting towards electric vehicle adoption.
Termed by a former Foreign Secretary, Rajiv Gokhale, in an article, as industrial “sanctions” the removal of Chinese workers from iPhone factory and similar moves elsewhere endeavour to restrain India from achieving the success it has attained in the manufacture of mobile phones like in the case of production of IPhone.