Apple upping iPhone 17 production in India
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We're leaving mobile behind to enter the AI era. Nothing sums that up more than Foxconn's shifting priorities and evolving relationship with Apple.
Foxconn, traditionally an iPhone assembler, is now seeing higher revenue from AI servers and cloud products than consumer electronics, marking a significant diversification.
Apple's biggest iPhone factory is swelling with new workers as Foxconn throws money at recruits to keep production on track for the iPhone 17.
New recruits who stay at the factory for three months qualify for a bonus of up to US$1,113, a significant hike from early July.
Taiwan's Foxconn , which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income.
Bengaluru strengthens its position in Apple's global manufacturing plans. Foxconn has commenced iPhone 17 production at its new Bengaluru facility. This unit represents Foxconn's second-largest operation outside China.
Foxconn, owned by Hon Hai Precision Industry HNHPF, the prominent supplier for Apple Inc. AAPL, has seen its AI server division overtake iPhone assembly as its primary business. AI Servers Now Outshine iPhone Assembly At Foxconn Foxconn’s Cloud & Networking Products division has,
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