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Foxconn’s Shenzhen parks suspend operations and backup factories have been deployed to reduce operational impact – yqqlm

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Foxconn’s Shenzhen parks suspend operations and backup factories have been deployed to reduce operational impact – yqqlm
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Foxconn’s Shenzhen parks suspend operations, backup factories have been deployed to reduce operational impact

2022-03-14 10:55

Source: The Paper

The Paper

2022-03-14 10:55

According to Securities Times e Company news, Foxconn suspends production and operations at its Shenzhen Apple factory. On March 14, the reporter learned from Foxconn that Foxconn’s parent company Hon Hai Precision Industry Co., Ltd. is located in various parks (Longhua, Guanlan, etc.) in Shenzhen, mainland China, and cooperates with the local government’s new crown epidemic prevention work. Local government notification. Regarding the impact of the suspension of production, Foxconn stated that the company has made necessary production deployments due to other backup factories to reduce the impact on the company’s operations. (The Paper)

Disclaimer: Securities Times strives for true and accurate information. The content mentioned in the article is for reference only and does not constitute substantive investment advice. Operational risks are based on this.

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