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Foxconn, Apple’s main iPhone supplier, to reportedly slash $2.9B in costs

iPhone assembler Foxconn intends to slash 20 billion yuan ($2.9 billion) from its costs next year, according to Bloomberg. Foxconn, which is the primary manufacturer of Apple’s iPhones, predicts that 2019 will be a “very difficult and competitive year,” Bloomberg reported Wednesday, citing an internal company memo. The company cuts include a 6 billion yuan ($865 million) reduction in its iPhone-related …

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Amazon lifts Australian sales block ahead of Black Friday

It’s been a long four months for Australians looking to purchase items from Amazon’s US site, after the company announced it would block Australians on July 1 due to a tax law. The restrictions appear to now have been lifted, as the company had updated its systems to comply with the goods and services tax required by Australia’s federal government, …

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