Automakers are joining forces to boost their scale and competitiveness to contend with industry newcomers like iPhone maker Foxconn.

The suspensions come amid tensions between the two countries and are likely to disrupt manufacturing as Apple tries to diversify production away from China.

In addition, equipment shipments are delayed, potentially disrupting next-generation iPhone production in India.

Foxconn's fourth quarter 2024 revenue surged 15.17%, setting a record for the highest revenue ever, driven by strong demand in AI.

Recent shifts in the global smartphone manufacturing landscape highlight diversification efforts among iPhone manufacturers. Tata Electronics is exploring partnerships with major Android brands, while Luxshare expands through acquisitions,

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 ...

The move may disrupt the iPhone assembly lines in the Foxconn factories in Tamil Nadu and Karnataka. The report claimed that the Chinese government is responsible for the suspensions of worker deployments and equipment exports.

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.

The past week witnessed significant developments in the tech sector, with Apple's rise to India's top five valuable companies, Meta's job cuts, new pr