News Snapshot:
China is once again forcing some of its biggest companies, including iPhone maker Foxconn, to continue production within a “closed loop” for the next seven days as the manufacturing hub of Shenzen is once again seeing a rise in coronavirus cases. Foxconn to operate under a “closed loop” system for a week to combat coronavirus The authorities have asked China’s 100 biggest companies including automakers, networking giants, drone manufacturers, and more to restrict operations to workers living within a closed bubble, with limited or no contact with individuals outside of the closed bubble. As reported by Bloomberg , Foxconn is...
