MacNN | Foxconn head says company struggling with iPhone 5 demand
Mac News Network View: Standard | Headlines | Categorized | Slim
Mac News Network
Mac News iPod News Reviews Forums
 

Desktop Headlines
Foxconn head says company struggling with iPhone 5 demand
Wednesday, November 7, 2012 @ 9:52am

Foxconn is being overwhelmed by demand for the iPhone 5, according to the Asian manufacturer's chairman, Terry Gou. Reuters reports that Gou made the comments to reporters following a business forum. "It's not easy to make the iPhones. We are falling short of meeting the huge demand," he said. Production is currently being handled by Foxconn brand Hon Hai Precision Industry; Gou has declined to say whether Foxconn International Holdings might be handling some of the overflow. Normally FIH handles only non-Apple products.



On Monday FIH shares rose by as much as 35 percent following a Citigroup analysis upgrading the company's stock to a buy, and suggesting that it would start building iPhones this year. Apple is already Foxconn's most important individual client; its demands have steadily grown over the years, however, with more complex designs launching in more countries simultaneously. The difficulty of assembling the iPhone 5 has been blamed for keeping sales below levels they might achieve.

Comments on this Article
Print Friendly Version
Email to a Friend
Add MacNN to Your RSS Feeds
Buy from the Apple Store


Related Stories:

Today's MacNN Stories:

  • Hands On: White Noise 5.8 (iOS, OS X, Android) - 6:57 PM EST
  • Sprint launches 'All-In' plan that limits video stream bandwidth - 6:26 PM EST
  • Apple updates Garageband, iBooks Author, iMovie - 6:23 PM EST
  • Apple finally launches iTunes 12.2, capping day of software updates - 6:20 PM EST
  • Mac users seeing request to upgrade to unreleased iTunes 12.2 [u] - 4:53 PM EST
  • Linksys ships range-boosting replacement antennas for home routers - 4:35 PM EST
  • Forums: iMac only boots to safe mode, login issues and more - 4:33 PM EST
  • Apple deals: iPads and iPods - 4:28 PM EST
  • GigSky utilizes Apple SIM for purchase of world-spanning data plans - 3:54 PM EST
  • Briefly: TaiG iOS 8.4 jailbreak; Downgrade iPad 2, iPhone 4S to iOS 6 - 3:33 PM EST
  • Uber acquires Bing mapping assets, 100 employees from Microsoft - 3:25 PM EST
  • Hands On: Apple Music (iOS, OS X, Windows) - 3:13 PM EST
  • Apple updates Safari, releases first 9.0 beta, offers EFI security fix - 3:02 PM EST
  • Daily Deals: 128GB iPad Air, GoPro Hero3+, Samsung curved HDTV - 1:40 PM EST
  • App Update: Pro Media Tools, Angband, Macgo Blu-ray Player, more - 1:28 PM EST
  • Users reporting iTunes Match issues as Apple Music launches - 1:08 PM EST
  • Hands On: Poly Bridge (OS X, Windows in early access) - 12:32 PM EST
  • Apple falls at appeals court, $450M e-book antitrust ruling upheld - 12:05 PM EST
  • Apple updates OS X to 10.10.4; includes networking, Mail, Photos fixes - 11:16 AM EST
  • European Parliament adopts net neutrality rules, ends roaming fees - 10:48 AM EST
  • Apple Music, iOS 8.4 update are on the air; servers hammered [u] - 10:48 AM EST
  • Hands On: Penumbear 1.2 (iOS) - 9:52 AM EST
  • MacNN Deals: Three ways to improve the way you charge mobile devices - 8:49 AM EST
  • LG Chem creates higher-capacity hexagonal batteries for smartwatches - 7:23 AM EST
  • Hands On: Wolfram Words 1.2 (iOS) - 7:01 AM EST
  • Briefly: Sprint Direct 2 You in more cities, Amazon Prime Now in UK - 6:34 AM EST

    Today's iPodNN Stories:
  • Hands On: Cogmind (PC) - 7:20 AM EST
  • Lenovo design vice president proposes retro ThinkPad creation - 12:53 PM EST
  • Archos PC Stick offers Windows 10 PC in an HDMI dongle - 9:45 AM EST
  • Meizu MX4 running Ubuntu launching in Europe tomorrow for €300 - 6:56 AM EST
  • Lenovo reveals ideacentre Stick 300 as compact HDMI dongle-based PC - 12:43 PM EST
  • No comments posted on this story yet. Please post yours.
    Your Comments
    In order to post comments, you must be a registered member of the MacNN Forums and logged in. Please login with your MacNN Forums username and password.

    MacNN Forums Login:

    MacNN Forums Password:

    Not a member of the MacNN forums? Register now for free.