Foxconn tells hundreds of Chinese staff to return from its Indian iPhone factories

Apple’s largest assembly partner, Foxconn, ordered more than 300 Chinese employees to return home from their iPhone factories in India, Bloomberg InformedCiting anonymous sources. The report said that employees asked to return the account for the wholesale of Foxconn employees in their iPhone facilities in India, and only Taiwan’s assistant employees remain in the country….

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Private sector lost 33,000 jobs, missing expectations

FILE PHOTO: A pedestrian passes a “Help Wanted” sign in the door of a hardware store in Cambridge, Massachusetts, U.S., July 8, 2022.  Brian Snyder | Reuters Private sector hiring unexpectedly contracted in June, payrolls processing firm ADP said Wednesday, in a possible sign that the economy may not be as sturdy that investors believe…

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thinner foldable with bigger battery

Honor launched the Honor Magic V5 on Wednesday July 2, as it looks to challenge Samsung in the foldable space. Honor Honor on Wednesday touted the slimness and battery capacity of its newly launched thin foldable phone, as it lays down a fresh challenge to market leader Samsung. The Honor Magic V5 goes will initially…

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How Gen-Z is grappling with global chaos

As the first digital-native generation, Gen Z is exposed to global instability in a way that no other generation has been. Skynesher | E+ | Getty Images As the first digital native generation, Gen Z is grappling with exposure to global instability in a way that no other generation has. “We were raised with war…

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A slowing economy meets a fast future

Employees at a coal mine in China’s Shaanxi province sit in an office to use digital systems for mining work, according to a photo taken on April 26, 2023, during a media tour organized by Chinese telecoms giant Huawei. Wang Zhao | Afp | Getty Images This report is from this week’s CNBC’s The China…

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