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COVID hits 3 of Taiwan s Apple suppliers in India | Taiwan News

2021/05/22 16:51 Foxconn Technology headquarters in Tucheng, New Taipei City  Foxconn Technology headquarters in Tucheng, New Taipei City  (CNA photo) TAIPEI (Taiwan News) The three electronics giants from Taiwan making products for Apple Inc. in India have all been affected by the COVID-19 wave in the South Asian country, reports said Saturday (May 22). Foxconn Technology Group and Wistron Corporation have asked many of their Taiwanese managers to return home, while Pegatron Corporation was asking its subcontractors to continue work, CNA reported. India’s COVID surge has expanded from the north to the south, threatening staff at plants operated by the Taiwan companies in the states of Tamil Nadu and Karnataka. Both states have been reporting more than 30,000 new cases and over 1,000 deaths per day.

Watch Buckle Market Business Growth, Trends, Outlook, Opportunities, Demand Analysis, Forecasts 2025 – KSU

Watch Buckle Market Business Growth, Trends, Outlook, Opportunities, Demand Analysis, Forecasts 2025 – KSU
ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.

Industrial zones placing Apple suppliers temporarily suspend operation

Shareholders meetings to be suspended due to COVID-19: FSC

Shareholders meetings to be suspended due to COVID-19: FSC 05/20/2021 11:29 PM A shareholders meeting of Far Eastern Department Store in 2020. CNA file photo Taipei, May 20 (CNA) Taiwan s Financial Supervisory Commission (FSC) announced Thursday that shareholders meetings of public companies will be suspended nationwide from May 24 to June 30 due to the increase in domestically-transmitted COVID-19 cases in the country. The first ever full-scale suspension will affect 1,931 listed and over-the-counter companies including Taiwan Semiconductor Manufacturing Co. (TSMC), United Microelectronics Corp. (UMC) and Foxconn Technology Group the FSC said. TSMC and UMC were slated to hold their shareholders meetings on June 8, while MediaTek Inc., China Steel Corporation and Foxconn were scheduled to do so on June 10, 18 and 23, respectively.

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