Foxconn says production at iPhone factory is normal amid COVID restrictions: report - Seeking Alpha

2 years ago 54

Foxconn institution  bureau   building

Robert Way/iStock Editorial via Getty Images

  • Foxconn (OTCPK:HNHPF) said that accumulation astatine its largest iPhone mill successful China is mean amid ongoing COVID-19 restrictions, Reuters reported.
  • The quality outlet, citing a remark from the Apple (NASDAQ:AAPL) supplier, noted that the restrictions successful Zhengzhou person had "little impact" connected its accumulation of iPhone models and that operations are inactive "normal."
  • Zhengzhou has been dealing with an outbreak of COVID-19 since October 8.
  • Earlier this week, the Zhengzhou field banned each eating successful and told workers they indispensable instrumentality their meals backmost to their rooms, Reuters added, citing the company's authoritative WeChat.
  • Foxconn's (OTCPK:HNHPF) Zhengzhou field assembles Apple's (AAPL) iPhone and has astir 300,000 workers.
  • Apple (AAPL) is slated to study fourth-quarter results connected October 27 aft the adjacent of trading.
  • Cupertino, California-based Apple (AAPL) unveiled respective caller products this week, including updated versions of its Apple TV set-top container and iPad Pro tablet.
Read Entire Article