TSMC said that 80% of the fabrication tools affected by the virus outbreak had been restored and that it expects full recovery sometime later today.
Apple’s favorite manufacturer Foxconn has begun offering staff retention bonuses as it ramps up seasonal hiring for mass-production of a second-generation iPhone X, iPhone X Plus and a new 6.1-inch LCD model.
Foxconn on Thursday broke ground on a new 20 million-square-foot complex in Wisconsin. The project could bring thousands of new jobs to the state.
Apple’s top manufacturer is getting more in incentives for building a plant in Wisconsin. Construction on the new mega-plant begins this week.
As consumers balk at the high price tag of iPhone X, Apple has reportedly adjusted its sales projections and now expects to move more iPhone models in its coming fall lineup that will come outfitted with cheaper LCD screens than the models equipped with pricier OLED screens.