Apple Archives - Page 3 of 11

Tim Cook’s Trip to China Sparks Discussions on Social Media

Apple CEO Tim Cook has started his trip to China, where he was invited to attend the China Development Forum in Beijing from March 25 to 27. Apart from conducting business talks, Cook has been visiting Apple stores, attending meetings and taking photos with different people during his stay.

Tim Cook Commends China’s Innovation and Longstanding Partnership With Apple

During the China Development Forum on March 25, Apple CEO Tim Cook commended China for its rapid advancements in innovation and its longstanding relationship with Apple.

BOE’s Supply of LTPO OLED Displays to Apple Confirmed in February

Chinese electronic components producer BOE obtained an order for Apple's 6.1-inch iPhone 14 display last year, and this year it will continue to supply key components of the high-end iPhone series.

NIO Recruits Talent from Apple and Panasonic for Battery Business

Chinese electric vehicle maker NIO is looking for talent for its battery-making operations. Two executives from Apple and Panasonic have joined the company.

Li Auto Emphasizes Gross Profit Margins, Competition with Tesla and Apple

Li Xiang, chairman and CEO of Li Auto, revealed the electric vehicle maker's target - to occupy 35% of the passenger car market with a price range of more than 200,000 yuan ($28,997) in 2027, and to become the world's leading artificial intelligence enterprise in 2030.

China Smartphone Sales in 2022 Reach Lowest Level in a Decade

On January 27, Counterpoint Research, a global research firm, released its sales report for China's smartphone market in 2022. The country's smartphone sales declined 14% year-on-year in the previous year and reached their lowest level in a decade.

Luxshare Precision Denies That Apple Cut Orders

News that Apple will cut manufacturing orders caused its major Chinese supplier Luxshare Precision's stock price to fall on Wednesday. However, Luxshare clarified the situation in its latest announcement on Thursday morning.

Apple Launches New Year’s Discount in China, Triggering Dissatisfaction

Apple announced the launch of a "New Year's Promotion" in China on December 27. However, some Chinese web users commented that Apple is only clearing out inventory via the New Year's promotion event.

Luxshare to Take Over Some Production at Apple’s Largest Shanghai Foundry

GNDC, Apple's largest foundry in Shanghai, suspended recruitment of new employees in October, resulting in many factories and production lines standing idle. Luxshare Precision, an Apple supplier in Shenzhen, was reported to be in negotiations regarding the takeover of certain factories.

Henan’s Local Governments Require Officials to Support Pandemic-Affected iPhone Foundry Foxconn

The Zhengzhou plant of Foxconn in Henan Province, China, was recently affected by the COVID-19 pandemic. Some local governments have been asked to get involved and take the lead in supporting work at Foxconn for a period ranging from 1 to 6 months.

ZTE Spokesman Jacky Wu Uses iPhone at Awards Ceremony, Triggering Controversy

At the Golden Rooster Awards ceremony, Jacky Wu, a Chinese actor, director and spokesperson of smartphone maker ZTE, took a photo with Apple's iPhone, which triggered online discussions about whether the action violated the actor's endorsement contract.

Apple Supplier Luxshare Precision Requires Revenues to Exceed $32B Next Year

Apple supplier GoerTek lost an order to produce the AirPods Pro 2 last week. Many analysts believed that the order would be transferred to Luxshare Precision. On November 13, the company launched a 2022 stock option incentive plan to boost its share price.

GoerTek and Other Apple Suppliers Actively Explore Second Business Growth Point

OFilm, AAC Technologies, Lens Technology, Compal, GoerTek, and others, have made great achievements because they entered Apple's supply chain. However, once out of the chain, enterprises are often abandoned by the stock market.

GoerTek Loses Apple’s AirPods Pro 2 Order Due to Quality Problems

GoerTek, a China-based Apple supplier, has lost a major order to produce AirPods Pro 2. Ming-Chi Kuo, an analyst at TF International Securities, wrote on November 9 that this development is most likely due to production issues rather than demand issues.

Chinese Acoustic Components Firm GoerTek Rumored to Lose Apple’s AirPods Order

Chinese acoustic components manufacturer GoerTek received a notice from a major overseas customer to suspend the production of one of its smart acoustic complete products. It is rumored that the order that GoerTek lost is Apple's headphone order.

iPhone Foundry Foxconn Lowers Q4 Performance Forecast Due to Epidemic

Foxconn, Apple's largest iPhone foundry, said on November 7 that it is working hard to resume full production at its Zhengzhou factory as soon as possible, and lowered its fourth-quarter performance forecast.

Disrupted Production at Foxconn’s iPhone Plant in China to Have Heavy Impact

Crowds of Foxconn employees walked along the highway to their hometowns due to an outbreak of COVID-19 cases at the world's largest iPhone manufacturing facility in Zhengzhou. This factory is currently the leading source of employment in the central Chinese city of over 10 million people.