FILE PHOTO: The emblem of Foxconn, the buying and selling identify of Hon Hai Precision Trade, is seen on high of the corporate’s constructing in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu/File Picture
February 12, 2020
TAIPEI (Reuters) – Taiwan’s Foxconn hopes to resume 50% of its production in China by finish of February, a source instructed Reuters on Wednesday, because the agency whose shoppers embrace tech giants corresponding to Apple reopens crops closed due to the coronavirus outbreak.
The world’s largest contract electronics maker additionally aims to resume 80% of its production in China in March, the source with direct data of the matter stated, citing inside targets set by Foxconn’s chairman Liu Younger-Approach.
Foxconn’s plant reopening after the Lunar New Yr vacation had been delayed due to the speedy unfold of the coronavirus in China, which has killed greater than 1,100 individuals with the World Well being Group warning of a world risk probably worse than terrorism.
(Reporting By Yimou Lee; Enhancing by Shri Navaratnam)