News Snapshot:
Foxconn employees on the assembly line in Longhua, Shenzhen, China. The company reportedly employed students working overtime at its iPhone factory in Zhengzhou. Qilai Shen | Bloomberg | Getty Images Foxconn, a major assembler of Apple’s iPhones, announced Wednesday that it has partially resumed production in Shenzhen, a Chinese manufacturing hub. The company said earlier this week that it had paused operations in Shenzhen after an uptick in Covid-19 cases led the city to shut down. Foxconn said it is only able to resume production on campuses that include both employee housing and production facilities. The Taiwanese firm added that...
