Taiwanese tech giant Foxconn has ended a months-long "closed loop" system at the world's biggest iPhone factory in central China, citing Beijing's nationwide loosening of zero-COVID regulations.
Read through a roundup of the COVID news you should know about:
Apple supplier Foxconn's founder-director Terry Gou had warned China that the government's zero-COVID stance would threaten the position of the world's second-largest economy in the global supply chai
Apple supplier Foxconn's COVID-hit Zhengzhou facility in China has lifted its "closed-loop" management curbs on Thursday, it said in a statement posted on its Wechat account.
Foxconn Technology Group founder Terry Gou warned that the government's strict policies would threaten its position in global supply chains.
Foxconn is investing another $500 million in its India business as it ramps up its plans to expand its chipmaking factories in the South Asian market that is slowly becoming a key hardware base for Ap
Foxconn Technology, a final assembler of Apple iPhones saw an 11% drop in it's revenue compared to this time last year as "zero-COVID" protests rock China.
Foxconn announced Monday that plans to reopen the world's largest iPhone factory are underway as the company seeks to hire new workers.
Foxconn Technology Group reported an 11% drop in November revenue from a year earlier after the company struggled with a Covid outbreak and worker unrest at Zhengzhou, the world's biggest iPhone assem
Apple supplier Foxconn says it is "gradually" restoring production capacity at its sprawling campus in central China, which has been hit by Covid-19 restrictions and worker protests since October.
In its monthly revenue report, the iPhone assembler said the epidemic situation is under control.
Foxconn reported a slide in November revenue, with a "portion of shipments being impacted" by the Covid outbreak in Zhengzhou, where it makes iPhones.
Apple supplier Foxconn expects to see full production resume at a COVID-hit China plant around late December to early January, a source with direct knowledge told Reuters on Monday, after unrest at a
Apple's "iPhone factory," in China is offering 1,000 Yuan ($141) for staff referrals who stay at the company for more than 15 days.
Apple supplier Foxconn on Wednesday offered a 1,000 yuan ($141.11) award to staff who successfully recommend people to work at its plant in China's Zhengzhou city, as it tries to replenish depleted st
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