Foxconn sees full China production resuming late-Feb - News Summed Up

Foxconn sees full China production resuming late-Feb


Taiwan's Foxconn, which makes smartphones for global vendors including Apple, has filed requests to reopen factories with local Chinese governments, the source said, adding that full resumption was not possible until late-February due to various travel bans to curb the virus. The factory halt is set to hit Foxconn's profit for 2020 and the company is still evaluating the potential financial impact, the person said. Foxconn did not immediately respond to a request for comment.


Source: bd News24 February 05, 2020 09:00 UTC



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