A revised forecast of smartphone production predicts volume will shrink to a record low in the second quarter as the spread of the coronavirus continues to hurt sales, according to a press release. TrendForce, a provider of technology market intelligence, reported global production of cellphones...
The COVID-19 has taken a dramatic toll on U.S. manufacturing as production has dropped to its lowest level since World War II, according to a new report by the Federal Reserve Board. Total industrial production fell 5.4 percent in March compared to the same month...
Economic damage in China is worse than anticipated — factory production experienced its fastest downward spiral in 30 years, according to the National Bureau of Statistics (NBS) on Monday (March 16). “China’s containment of the epidemic is bearing fruit, but there is a challenge ahead in...
The closing of Foxconn’s factory in Taipei over the outbreak of the Coronavirus could affect iPhone production, Reuters reported on Monday (Feb. 3), citing sources. Foxconn produces iPhones and other smartphones for Apple and other brands. The factory in Taipei was among many in China...
April 21, 2017
As the supply chain industry is one of the oldest businesses, it can sometimes be viewed as stodgy. While the industry has been around for well over a century, the term “supply chain management” wasn’t coined until the 1980s. CIO defines supply chain management as “the combination of art and science that goes into improving […]
August 11, 2022
Apple has reportedly told suppliers to make 90 million new iPhones this year, in line with 2021 production levels, a report from Seeking Alpha said. This comes with the company trying to build 220 million iPhones total in 2022, which is the same amount built in 2021. Apple usually doesn’t tell how many iPhones it […]
April 30, 2020
A revised forecast of smartphone production predicts volume will shrink to a record low in the second quarter as the spread of the coronavirus continues to hurt sales, according to...
April 15, 2020
The COVID-19 has taken a dramatic toll on U.S. manufacturing as production has dropped to its lowest level since World War II, according to a new report by the Federal...
March 16, 2020
Economic damage in China is worse than anticipated — factory production experienced its fastest downward spiral in 30 years, according to the National Bureau of Statistics (NBS) on Monday (March 16)....
