Foxconn Issues Rare Statement About Orders


Reading time ( words)

Foxconn Electronics (Hon Hai Precision Industry), the company known for making Apple's iPhones, has issued a statement saying there may be changes to customers' orders due to market developments, according to Digitimes.

"Recently, there may be some changes of customers' orders based on the market development. However, there should be limited impact after combining all ups and downs of order flow," said Foxconn in a statement released through the Taiwan Stock Exchange (TWSE) on Sunday.

It has been rare for Foxconn to issue warnings concerning its order status, though the statement did not specify the clients or kinds of orders to be affected, Digitimes reports. The company said it "has built a global manufacturing network and will continue to diversify the portfolios of clients and production locations to meet the customers' needs and maximum the corporate's benefit."

Share

Print


Suggested Items

A Young Engineer’s Perspective

04/15/2019 | Barry Matties, I-Connect007
Jeffrey Diament, a recent Princeton University graduate and an engineering associate from sensor manufacturer Instrumems, talks about the company’s nanowire sensing platform that can measure velocity, temperature, and humidity. Being his first career job out of college, Diament discusses his experience on the hardware and manufacturing side of things and offers advice to other young professionals.

No Rest for the Weary: Supply Chain Pressures Are Here to Stay!

03/29/2019 | Jamey Mann, Kimball Electronics
As we leave 2018 behind, it should be noted that the challenges faced by all consumers of electronic components in our industry this year have stretched teams both physically and mentally. We will continue to see pressures across the supply chain through 2019 and beyond, so there is no rest for the weary.

Industry Outlook from IPC's Sharon Starr

03/18/2019 | Patty Goldman, I-Connect007
Sharon Starr, IPC's director of market research, provides updates on the EMS and PCB industry outlook, benefits of IPC membership and participation, plans to expand the EMS statistical program, and new studies being published.



Copyright © 2019 I-Connect007. All rights reserved.