Foxconn Looking to Build $5.7 Billion iPhone Display Factory to Win Apple Orders [iOS Blog]

Apple's main assembly partner for iOS devices, Foxconn, is looking to increase its presence in Apple's supply chain as it considers constructing a new plant to provide display's for the popular devices, according to The Wall Street Journal . Total investment in the project could reach $5.7 billion.

Foxconn, formally known as Hon Hai Precision Industry Co. , is discussing a possible investment with the government of Zhengzhou, about 750 kilometers south of Beijing, according to people familiar with the talks. The two sides are discussing terms such as how to divide the investment, which could reach as much as 35 billion yuan ($5.7 billion), the people said.

The display is typically the most expensive single component in Apple's iOS devices, and the company has long sourced the parts from a variety of vendors including Samsung, LG Display, Sharp, and Japan Display. Foxconn has been seeking to improve its display expertise in recent years, pursuing a troubled partnership with Sharp as it has tried to position itself to win orders for iPhone and iPad displays.

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Posted in 2014 at 01:36PM, October 23

Environmental VP Lisa Jackson Discusses Apple's Carbon Footprint Balancing Act [Mac Blog]

At Fortune's recent Brainstorm Green conference, Apple VP of Environmental Initiatives Lisa Jackson spoke about her role at Apple and the company's green initiatives, reports Philip Elmer-DeWitt of Apple 2.0. Jackson joined Apple's executive team last year and formerly served as the head of the Environmental Protection Agency.






After a brief discussion of Jackson's background and Apple's green achievements, the highlight of the 16-minute interview occurs when Jackson was questioned by Patagonia's environmental chief Rick Ridgeway. Ridgeway inquired how Apple can boast about reducing its carbon footprint on individual products, when its overall footprint increases each year as the business grows. After chuckling about being "put on the spot," Jackson responded seriously:

Listen, if all of us sustainability professionals have to resort to "make and sell less stuff" as the answer to the problem, then we are suffering from an extraordinary lack of imagination. And innovation. One of the things that your company -- certainly I think Apple -- is about is trying to understand where the technology innovations and other innovations are that help us to reduce carbon intensity. We're not advocating for less people to have access to our products. That's not the answer we're looking for.

Apple has made great strides in the area of the environment, reducing the carbon footprint of its Mac business by 27 percent over the past eight years and powering most of its facilities almost entirely with renewable energy.

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Posted in 2014 at 01:36PM, May 22

ANDROID FANS: The Nexus tablet of your dreams is said to be launching in Q3!

Google's Nexus 7 might not be the most popular tablet in the world, but it is clearly one of the top choices for Android enthusiasts looking for a pure Google experience at a surprisingly affordable price. Starting at just $229, Google's 7-inch tablet is indeed a tremendous value. According to a new report, however, Android fans may soon have an even better option when it comes to purchasing a new tablet.

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Posted in 2014 at 01:36PM, April 21