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Foxconn's COVID-19 outbreak in a major iPhone factory could impact production by up to 30%, but the assembly partner is attempting to use other facilities to keep production up.
A Covid outbreak has locked down 'China's Silicon Valley' which is likely to result in global supply chain disruption.
iPhone Assembler Foxconn to Help Launch Electric Cars This Year Bloomberg 2/20/2021 Debby Wu and Annie Lee (Bloomberg) -- Foxconn Technology Group’s new EV platform is expected to help launch vehicles later this year, a company official said, signifying major progress in the Taiwanese electronics giant’s push into the automotive space. Two light vehicles designed using Foxconn’s platform will be unveiled in the fourth quarter, Chairman Young Liu of Foxconn’s flagship unit Hon Hai Precision Industry Co. told reporters at the company’s headquarters in suburban Taipei...