Next-generation iPhone to enter mass production this month: media

Reuters

Published Jul 17, 2014 09:10PM ET

Next-generation iPhone to enter mass production this month: media

TAIPEI (Reuters) - Taiwan's Hon Hai Precision Industry Co Ltd, the world's largest contract manufacturer of electronic goods, will begin mass production of Apple Inc's next-generation iPhone this month, local media reported Friday.

Mass production of a 4.7-inch successor to the wildly popular iPhone 5 series of smartphones will begin during the third week of July, Taiwan's Economic Daily News said, without citing sources. Production of a 5.5-inch version will begin during the second week of August, it said.

A separate report issued Thursday by a China state-run news service said Hon Hai is planning to hire 100,000 workers at its mainland facilities to meet future demand for the gadget, citing comments made by the chief of the Henan Provincial Commerce Department.

Fellow Taiwanese contract manufacturer Pegatron Corp this month also began recruitment of over 10,000 workers for its mainland facilities to manufacture the phone, according to the Economic Daily News report.

Hon Hai had no comment on the report. Representatives for Pegatron and the Henan Provincial Commerce Department could not immediately be reached for comment.

(Reporting by Michael Gold; Editing by Edwina Gibbs)

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes