Taiwan's Foxconn says impact from Chinese lockdowns limited


Source: thetechstreetnow.com thetechstreetnow.com

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A Foxconn logo on a building in Taipei. Taiwanese tech giant Foxconn on Thursday said the impact on production from COVID lockdowns in China was "limited" and most of its facilities in the country were operating normally. Foxconn, also known as Hon Hai, is the world's largest contract electronics maker and assembles Apple's iPhones as well as gadgets for many top international brands. It employs more than one million workers across its vast network of factories in China, where a number of cities are struggling to curb virus outbreaks. Chairman Young Liu said China's pandemic controls posed challenges for the...