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Hon Hai Precision Industry Co., Ltd. (HNHPF)

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6.27-0.08 (-1.26%)
At close: 03:56PM EDT
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  • Financial Times

    Apple already building latest iPhone 14 in India

    Apple has started producing its iPhone 14 in India just three weeks after the release of the smartphone line-up, a significant win for the south Asian country as it attempts to grab a bigger piece of the global electronics supply chain. Apple said on September 26 that it was “excited to be manufacturing [the] iPhone 14 in India”. It is the first time that Apple has started producing its newest phones outside China so soon after their launch.

  • Bloomberg

    Apple Ditches iPhone Production Increase After Demand Falters

    (Bloomberg) -- Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter.Most Read from BloombergCredit Suisse Turmoil Deepens With Record Stock, CDS LevelsCredit Suisse Market Turmoil Deepens After Memo BackfiresTesla Falls Most Since June as Quarterly Deliveries DisappointStocks Stage Oversold Comeback as ISM Sinks Yields: Markets WrapOPEC+ Set to Discuss 1 Million

  • Bloomberg

    Apple Suppliers Drop as Firm Said to Ditch iPhone Output Boost

    (Bloomberg) -- Shares in Apple Inc.’s Asian suppliers extended losses Wednesday after Bloomberg reported the Californian company is backing off plans to increase production of its new iPhones.Most Read from BloombergCredit Suisse CEO Seeks to Calm Markets as Default Swaps ClimbTesla Deliveries Miss Estimates, Slowed by Logistic SnarlsOPEC+ to Consider Output Cut of More Than 1 Million BarrelsGet Ready for Another Bear-Market Rally, Strategist Emanuel SaysUkraine Latest: Zelenskiy Says Lyman ‘Ful