Foxconn Riot Could Cut China iPhone Production By More Than 30%

Saturday, 26 November 2022, 20:00:00
Foxconn Riot Could Cut China iPhone Production By More Than 30% Apple”s top manufacturing partner, Foxconn Technology Group, is set to see November iPhone shipments from a massive factory in Zhengzhou, China, known as iPhone City, plunge after a week of unrest, Reuters said, citing a source with direct knowledge of the matter. They said iPhone production would be slashed by more than 30% at Foxconn”s Zhengzhou plant in November versus an earlier estimate of up to 30% when problems at the factory began in late October. Most of the 200,000-person workforce has been living in isolation since last month. New hires were brought in recently as management wanted to keep churning premium iPhone models, including the iPhone 14 and 14 Pro. But Foxconn failed to live up to its promises of higher pay for new hires, which sparked a riot across the world”s largest iPhone factory earlier this week. To squash the violence, Foxconn began distributing 10,000 yuan ($1,400) to newly recruited workers to leave by Thursday. “The source said more than 20,000 workers, mostly new hires not yet working on production lines, took the money and left,” Reuters said.
— Zero Hedge

Allot Gains Nod From Verizon But Needs Big Results Improvement (NASDAQ:ALLT)

Saturday, 26 November 2022, 11:50:07
Allot reported its Q3 financial results on November 15, 2022. ALLT provides a variety of cybersecurity solutions to businesses worldwide. Read more here.
— Seeking Alpha

The best iPhone 14 Black Friday deal saves you $500 without a trade-in

Friday, 25 November 2022, 19:23:31
If you’re looking for a new iPhone 14 this Black Friday, you won’t find too many straight deals. You can save big at Verizon, AT&T, and T-Mobile if you trade in an old phone, spread out your payments, or open a new 5G unlimited line, but if you’re looking to simply save money on a […] The post The best iPhone 14 Black Friday deal saves you $500 without a trade-in appeared first on TECHTELEGRAPH .
— Techtelegraph

IoT In Utilities Global Market Report 2022: Ukraine-Russia War Impact

Friday, 25 November 2022, 14:40:00
NEW YORK, Nov. 25, 2022 /PRNewswire/ — Major players in the IoT in utilities market are International Business Machines Corporation, Oracle Corporation, Verizon Communications, Cisco Systems Inc, Vodafone Group, Telit, Landis+Gyr, Itron Inc, Schneider Electric SE, Huawei Technologies,…
— PR Newswire

Walmart is offering a free $300 gift card when you buy an Apple iPhone 14 on AT&T or Verizon for Black Friday

Friday, 25 November 2022, 13:58:20
The Walmart Black Friday sale is underway, and if you patiently hold out for Apple’s latest phone, you’ll be rewarded. The Apple iPhone 14 is the latest and greatest of the iPhones, and Walmart is having an amazing Black Friday deal. If you buy any iPhone 14 model, including the Plus, Pro, and Pro Max, you’ll get a free $300 Walmart gift card. Some restrictions apply, but you’ll see that this deal is much better than your typical deals you’d see spread throughout the year. Buy an Apple iPhone 14 with Plan, get a $300 Walmart gift card Full details and limitations are listed below: Online offer and pricing valid from November 21, 2022 at 7 PM ET through December 2, 2022 at 11:59 PM ET. Offer valid in store and pricing from 6 a.m. local time November 25, 2022 through December 2, 2022. Offer valid when eligible phone is activated on an eligible AT&T, Verizon, or T-Mobile payment plan. Activation must be done by 11:59 PM local time on December 2, 2022. The Walmart eGift Card is an electronic gift card valid for future purchases.
— Lanka Times