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

Hon Hai Precision Industry, Apple's primary assembly partner known as Foxconn, is confident in its ability to meet high demand for the iPhone Duo, a foldable device priced at $2,000 (S$2,600) that launched in October. Despite initial stock shortages and delayed online deliveries, Hon Hai’s CEO Michael Chiang told Bloomberg TV that the company's global manufacturing network spanning 24 countries will ensure timely supply for holiday orders. Chiang also noted the growing importance of AI in boosting consumer gadget demand and highlighted Hon Hai's diversification into cloud services and networking hardware.

Written by AI on 2026-11-01, from this article's own text only (the story summary below draws on all the coverage).

Story summary

Apple's main assembly partner, Hon Hai Precision Industry (also known as Foxconn), is confident in its ability to meet the high demand for the new iPhone Duo, a foldable device priced at US$2,000. The iPhone Duo was launched earlier in October and saw limited in-store stock sell out quickly, with some online orders delayed until the end of January — marking one of the longest pre-order wait times for a new Apple product. Hon Hai's rotating CEO, Michael Chiang, told Bloomberg TV that the company’s expansive global manufacturing presence across over 240 sites in 24 countries will help fulfill customer demand during the holiday season and beyond.

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