Foxconn aims to resume half China production by end-February -source
12/02/2020 03:09
TAIPEI, Feb 12 (Reuters) - Taiwan's Foxconn 2317.TW hopes
to resume 50% of its production in China by end of February, a
source told Reuters on Wednesday, as the firm whose clients
include tech giants such as Apple AAPL.O reopens plants closed
because of the coronavirus outbreak.
The world's largest contract electronics maker also aims to
resume 80% of its production in China in March, the source with
direct knowledge of the matter said, citing internal targets set
by Foxconn's chairman Liu Young-Way.
Foxconn's plant reopening after the Lunar New Year holiday
had been delayed due to the rapid spread of the coronavirus in
China, which has killed more than 1,100 people with the World
Health Organization warning of a global threat potentially worse
than terrorism. urn:newsml:reuters.com:*:nB9N28N01J
(Reporting By Yimou Lee
Editing by Shri Navaratnam)
((yimou.lee@thomsonreuters.com; +886-2-8729-5122;))