Apple’s iPhone maker confident of meeting surge in Duo demand

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The client was not given the opportunity to put restrictions on the content or review it prior to publication. by BDCApple’s iPhone maker confident of meeting surge in Duo demandThe Duo is now primarily assembled by Hon Hai, also known as FoxconnAuthor of the article:Annabelle Droulers and Debby WuA customer holds the new iPhone Duo on launch day at the Apple Fifth Avenue store in New York on October 23, 2026. Photo by TIMOTHY A. CLARY / AFP via Getty ImagesApple Inc.’s main assembly partner Hon Hai Precision Industry Co. expects its expansive global manufacturing presence will help it fulfill growing demand for the U.S. company’s marquee foldable device.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountThe U.S. company launched the US$2,000 iPhone Duo earlier this month. The limited in-store stock was sold out quickly, while some online orders were offered delivery at the end of January, marking some of the lengthiest delays for a new Apple product in the company’s modern era.This advertisement has not loaded yet, but your article continues below.The Duo is now primarily assembled by Hon Hai, also known as Foxconn, in the Taiwanese company’s “iPhone City” campus in central China. The company also makes components for Apple in other facilities in China and beyond.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again“We have over 240 sites in 24 countries all over the world, which enable us to have a timely supply to our customers’ demand whenever they need. So I’m quite confident that we can fulfill the demand,” Hon Hai’s rotating chief executive Michael Chiang told Bloomberg TV, when asked about meeting holiday season orders for the Duo. Chiang added that he thinks AI will boost demand for consumer gadgets.While Chiang did not refer to Apple or iPhone Duo by name, he plays a critical role in coordinating business between Foxconn and the U.S. company. When Apple Chief Operating Officer Sabih Khan visited Foxconn’s facility in central China in October, Chiang accompanied him on a tour of the iPhone Duo production line.Hon Hai Chairman Young Liu has been fostering his potential successors through the rotating CEO program. Chiang, seen as a rising star within Foxconn, assumed his new role in April.This advertisement has not loaded yet, but your article continues below.Like many of its hardware peers in Taiwan, Hon Hai’s business has undergone a transformation in the AI era. Apple used to account for more than 50% of its revenue, but that is no longer the case. Hon Hai’s cloud and networking unit contributed to 51% of its total sales in the second quarter, a sign that AI-related hardware is what’s driving the company’s growth now.Hon Hai is scheduled to showcase the latest Nvidia Corp.-powered server offerings on Friday at its annual flagship event, and it is also expected to unveil its new electric vehicle lineup.With assistance from Lauren Faith LauThis advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.