TRUMP EFFECT: Apple May Make iPhones in US …Like Trump Said They Would
In February Donald Trump told a crowd in Wilmington, Tennessee that he will bring iPhone production back to the United States.
Donald Trump: We’re going to have Apple start to make their iPhones and computers and everything else they make in this country not in China.
Apple may start making their iPhones in the United States.
iPhones might one day soon carry “Made in America” labels.
Key Apple assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, has been studying the possibility of moving iPhone production to the U.S., sources told the Nikkei Asian Review.
“Apple asked both Foxconn and Pegatron, the two iPhone assemblers, in June to look into making iPhones in the U.S.,” a source said. “Foxconn complied, while Pegatron declined to formulate such a plan due to cost concerns.”
Foxconn, based in the gritty, industrial Tucheng district in suburban Taipei, and its smaller Taiwanese rival churn out more than 200 million iPhones annually from their massive Chinese campuses.
Another source said that while Foxconn had been working on the request from Apple Inc., its biggest customer that accounts for more than 50% of its sales, Chairman Terry Gou had been less enthusiastic due to an inevitable rise in production costs.
“Making iPhones in the U.S. means the cost will more than double,” the source said.
The person added that one view among the Apple supply chain in Taiwan is that U.S. President-elect Donald Trump may push the Cupertino, California-based tech titan to make a certain number of iPhone components at home.
According to a FOX Business Network report Chinese manufacturers loaded over 700 million Android devices with spyware.
A software from a Chinese company was found pre-installed in an estimated 700 million Android devices. Pre-installed, meaning it was already on the phone when you bought it.
The spyware was loaded on phones, TV, cars, etc.
The spyware allowed Chinese officials to listen to your phone calls, read all your text messages, steal your family and friends contacts, and even remotely control your devices.
Via Fox Business Network: