Pegatron expanding China capacity to manufacture iPhone 6 - report
TAIPEI (Reuters) - Taiwan's Pegatron Corp (4938.TW), which assembles Apple Inc's (AAPL.O) iPhone and iPad, is opening up new factory space and recruiting workers in China to meet orders to manufacture the new iPhone 6, Commercial Times reported.
Production would begin in the second quarter, the newspaper said on Tuesday, citing sources which it did not identify. It did not give a timeline for when the phone would arrive in stores.
The report also did not specify the number of units that would be manufactured at the facility in Kunshan, on the outskirts of Shanghai, or how many workers would be recruited.
In addition to Pegatron, fellow Taiwanese contract assembler Hon Hai Precision Industry Co Ltd (2317.TW) would be the other primary manufacturer of the new phone, Commercial Times said.
Pegatron chief financial officer and spokesman Charles Lin had no comment on the report. Calls to Hon Hai seeking comment went unanswered.
Shares of Pegatron gained 1.64 percent, eclipsing a 0.26 percent rise in the broader Taiwan market .TWII.
(Reporting by Michael Gold; Editing by Ryan Woo)
- Tweet this
- Share this
- Digg this
- Russia can run on empty for a year if sanctions block new bonds
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- Mumbai hit by big power cuts after technical glitch at Tata Power unit
- Actress Jennifer Lawrence contacts authorities after nude photos hacked
- Rupee sees biggest fall in three weeks on broad dollar gains
China's latest antitrust probes, which have hit firms such as Microsoft and Volkswagen AG, are not protectionist tools that favour domestic firms, an official of the country's price regulator told the official China Daily. Full Article
Data scientists are increasingly becoming important to the world's tech companies. Video