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Tesla Supplier Pegatron To Make Components For The EV Maker In Texas: Report
Wednesday, April 14, 2021 - 3:56am | 297Read More...Pegatron Corp has chosen a site in El Paso Texas, Texas to build a facility that will supply components for Elon Musk’s Tesla Inc (NASDAQ: TSLA), Reuters reported on Tuesday — citing a Taiwanese newspaper. What Happened: The report says Pegatron had in November revealed that...
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Apple Supplier Pegatron Prepares To Make iPhones In India With $150M Investment
Thursday, January 21, 2021 - 4:15am | 415Read More...Apple Inc (NASDAQ: AAPL) supplier Pegatron has leased half a million square feet of space in an industrial park in Chennai to set up new manufacturing facilities, India's Financial Express newspaper reported Thursday (tocal time). What Happened: The move comes as part of the ...
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Apple Puts iPhone Maker Pegatron On Probation Over Labor Violations
Monday, November 9, 2020 - 2:00am | 325Read More...Apple Inc. (NASDAQ: AAPL) has put a key Taiwanese supplier — Pegatron Corp.— on probation after it discovered cases of labor violations, Bloomberg reported early Monday. What Happened: The violations were related to a student worker program and Apple said it wouldn’t resume the...
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Bitter Bite: Qualcomm Updates Q3 Guidance On Apple Interference
Friday, April 28, 2017 - 9:11am | 416Read More...QUALCOMM, Inc. (NASDAQ: QCOM)'s ongoing dispute with Apple Inc. (NASDAQ: AAPL) prompted the smartphone component maker to lower its third-quarter guidance. Qualcomm disclosed earlier this month Apple's ODM partners including Foxconn and Pegatron underpaid Qualcomm around $1 billion, the amount...
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Drexel Hamilton's Apple Monitor Shows October Sales 'Slightly Below Historical Seasonality'
Thursday, November 10, 2016 - 1:02pm | 411Read More...Drexel Hamilton said in a note released on Thursday that the most recent Apple Inc. (NASDAQ: AAPL) Monitor showed October sales trending slightly below historical seasonality. October Softness Came After Strong September Analyst Brian White noted that the final October sales rose 6 percent month-...
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Taiwan's Stock Market Surges Following Reports Apple Supply-Chain Manufacturers Told To Expect Massive iPhone 7 Output
Monday, May 23, 2016 - 8:45am | 217Read More...Taiwan's stock exchange jumped higher on Monday as the country's main index, the TSEC, gained 2.62 percent. Investors were buying high tech stocks and key members of Apple Inc. (NASDAQ: AAPL)'s supply chain after Taiwan's Economic Daily said that suppliers to the iPhone 7 device were told to...
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Apple Suppliers Reportedly Ramp Up Hiring For iPhone 7
Tuesday, May 17, 2016 - 4:23pm | 258Read More...Suppliers of Apple Inc. (NASDAQ: AAPL) have initiated wide-scale hiring to build iPhone 7 series, according to a report on CNBC. The report cited a job ad on the website for Foxconn's Zhengzhou, China, factory, which read, "Foxconn Zhengzhou is hiring a large number of ordinary workers...
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Smartphone Suppliers Are Screaming The Market Has Gone From Bad To Worse
Wednesday, May 11, 2016 - 9:18am | 346Read More...Apple Inc. (NASDAQ: AAPL) investors appear to be preparing for the possibility of declining iPhone sales in the near term. The question that the broader investment community continues to ask is if the prospect of declining smartphone sales is a problem related only to Apple or is it an industry-...
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Inside Apple's Pegatron Supply Chain In Shanghai
Monday, April 25, 2016 - 3:13pm | 275Read More...Bloomberg was offered an exclusive look at one of Apple Inc. (NASDAQ: AAPL)'s factories that has come under fire for forcing its employees to work long and grueling hours. The factory, owned and operated by Pegatron, collaborated with Apple to adopt new procedures to fix its labor related...
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Energous Gains 2% On Positive Reuters Mention
Friday, April 1, 2016 - 2:42pm | 185Read More...Shares of Energous Corp (NASDAQ: WATT) were trading higher by nearly 4 percent late Friday afternoon after the company's CEO issued encouraging statements to Reuters. Energous's CEO, Stephen Rizzone, told Reuters that his company is in talks to license its wireless charging technology to at least...
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Energous Jolts Higher To New 52-Week Highs Following New Agreement With Pegatron
Tuesday, March 29, 2016 - 2:05pm | 218Read More...Shares of Energous Corp (NASDAQ: WATT) were trading higher by more than 8 percent mid-Tuesday afternoon after earlier hitting a new 52-week high of $11.44. Investors and traders were bullish on the development-stage manufacturer of wire-free chargers (known as WattUp) for electronic devices after...
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New Apple Supplier Data Are Highly Correlated With Revenue
Tuesday, February 16, 2016 - 10:52am | 290Read More...In a new report, Stifel analyst Aaron Rakers looked at two of Apple Inc. (NASDAQ: AAPL)’s biggest suppliers to get a sense of what investors can expect for the company in Q1. According to Rakers’ numbers from Hon Hai Precision (Foxconn) and Pegatron, revenue in January was down...
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3 Apple Stories JPMorgan Is Following
Monday, May 18, 2015 - 1:44pm | 359Read More...In a report published Monday, JP Morgan analyst Rod Hall discussed three Apple Inc. (NASDAQ: AAPL) related stories he is following. Under-The-Radar Acquisition Apple acquired Coherent Navigation, a GPS start-up that makes high-accuracy GPS devices and software. According to Hall, the...
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Apple Responds To Allegations Made In BBC Documentary
Monday, December 22, 2014 - 2:31pm | 452Read More...BBC recently released a documentary that revealed poor working conditions at the Chinese factory Pegatron, one of the most prominent suppliers of Apple Inc. (NASDAQ: AAPL). CNBC’s Eunice Yoon on Friday reported on what Apple’s CEO Tim Cook had to say in response to the documentary...
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iPhone 6 Rumors Coming At A Dizzying Pace
Tuesday, March 18, 2014 - 10:01am | 478Read More...'Tis the season—for the Apple (NASDAQ: AAPL) rumor mill to ramp up production of the latest secret news out of China, artists’ rendition of the next generation iDevice, and analysts fighting for airtime as they release their newest estimates based on those rumors. In the last week, we’ve seen a...
