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Mar 30, 2012

Apple, Foxconn revamp China work conditions

SAN FRANCISCO (Reuters) – In a landmark development for the way Western companies do business in China, Apple Inc said on Thursday it had agreed to work with partner Foxconn to tackle wage and working condition violations at the factories that produce its popular products.

Foxconn – which makes Apple devices from the iPhone to the iPad – will hire tens of thousands of new workers, clamp down on illegal overtime, improve safety protocols and upgrade worker housing and other amenities.

Mar 29, 2012

Apple, Foxconn vow wide revamp of worker conditions

SAN FRANCISCO, March 29 (Reuters) – In a landmark
development for the way Western companies do business in China,
Apple Inc said Thursday it had agreed to work with
partner Foxconn to substantially improve wages and working
conditions at the factories that produce its wildly popular
products.

Foxconn – which makes Apple devices from the iPhone to the
iPad – will hire tens of thousands of new workers, clamp down on
illegal overtime, improve safety protocols and upgrade worker
housing and other amenities.

Mar 20, 2012

Apple’s iPad throws off much more heat -tests

SAN FRANCISCO, March 20 (Reuters) – Apple Inc’s new
iPad throws off a lot more heat than the previous version,
lending weight to complaints on Internet forums that the
hot-selling tablet computer could get uncomfortably warm after
heavy use, an influential consumer watchdog found after running
tests.

Consumer Reports, a widely followed group that reviews
everything from electronics to cars, found that Apple’s new
tablet racked up temperatures of 116 degrees Fahrenheit (47
Celsius) after 45 minutes of running an intense action game, up
to 13 degrees F hotter than the previous model under similar
conditions.

Mar 20, 2012

Apple iPad heat reports swirl, probe underway

SAN FRANCISCO (Reuters) – Apple Inc’s new iPad throws off a lot more heat than the previous version, lending weight to complaints on Internet forums that the hot-selling tablet computer could get uncomfortably warm after heavy use, an influential consumer watchdog found after running tests.

Consumer Reports, a widely followed group that reviews everything from electronics to cars, found that Apple’s new tablet racked up temperatures of 116 degrees Fahrenheit (47 Celsius) after 45 minutes of running an intense action game, up to 13 degrees F hotter than the previous model under similar conditions.

Mar 2, 2012

Wynn backtracks on Macau announcement as shares leap

LOS ANGELES, March 2 (Reuters) – Wynn Resorts Ltd
(WYNN.O: Quote, Profile, Research) retracted an announcement that it had advanced a major
project in Macau, saying it had been made in error after its
shares surged on the news.

Shares in the company, which were halted after that initial
run-up, resumed trade shortly after and were still up 5.8
percent at about $129 in early afternoon trading.

Feb 24, 2012

Apple’s China legal battle over iPad spreads to U.S.

LOS ANGELES/HONG KONG (Reuters) – A Chinese firm trying to stop Apple Inc from using the iPad name in China has launched an attack on the consumer electronics giant’s home turf, filing a lawsuit in California that accuses it of employing deception when it bought the trademark.

A unit of Proview International Holdings Ltd, a major computer monitor maker that fell on hard times during the global financial crisis, is already suing Apple in multiple Chinese jurisdictions and requesting that sales of iPads be suspended across the country.

Feb 18, 2012

China’s Xi sells U.S. trade elixir, personal chemistry

LOS ANGELES (Reuters) – China’s leader-in-waiting Xi Jinping Friday swiped away fears that his country’s economic growth could stumble, and turned to courting American companies and states hungry for a slice of that growth on the final day of his U.S. visit.

Vice President Xi and his U.S. counterpart Joe Biden suggested that Xi’s five-day trip, with its mixture of diplomacy and folksy public displays, could pave the way for steadier ties between the world’s two biggest economies.

Feb 18, 2012

Xi waves off China economy fears, triggers deals

LOS ANGELES, Feb 17 (Reuters) – China’s
leader-in-waiting Xi Jinping on Friday dismissed worries of a
hard landing for his country’s economy and turned to courting
American companies and states hungry for a slice of Chinese
growth on the final day of his U.S. visit.

Vice President Xi and his U.S. counterpart Joe Biden also
suggested Xi’s five-day visit could pave the way for steadier
ties between the world’s two biggest economies, with Biden
praising Xi’s eagerness to understand America.

Feb 17, 2012

China’s Xi says no hard landing for China economy in 2012

LOS ANGELES, Feb 17 (Reuters) – Chinese Vice President
Xi Jinping said on Friday the Chinese economy would experience
stable growth and avoid a hard landing this year, dispelling a
scenario economists fear may upset the global economy.

The Chinese leader-in-waiting, turning to courting American
companies and governors hungry for a slice of his nation’s
growth, told a business forum in Los Angeles that the world’s
No. 2 economy will continue to push domestic demand while
directing investment toward the United States.

Feb 17, 2012

China’s Xi, US officials talk food trade in Iowa

LOS ANGELES/DES MOINES, Feb 16 (Reuters) – China’s
leader-in-waiting, Xi Jinping, gathered with U.S. agricultural
officials in America’s grainbelt on Thursday and stressed their
shared interests in fostering increased food security and trade
in farm goods.

Extending his visit to the top U.S. soybean- and
corn-growing state of Iowa, Xi and Chinese Minister of
Agriculture Han Changfu met with U.S. Agriculture Secretary Tom
Vilsack in Des Moines to kick off what was billed as the
first-ever U.S.-China Agricultural Symposium.

    • About Edwin

      "Based in Los Angeles, I oversee company news coverage of much of the U.S. West Coast, including such corporations as Apple, Google and Microsoft. Previously, I was bureau chief for Hong Kong and Shanghai and oversaw coverage for all corporations in China and Hong Kong."
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