NEWS
Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source
TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’s city of Zhengzhou after worker unrest disrupted operations, a person with direct knowledge of the matter told Reuters on Friday.
The estimate was an upward revision of an October internal forecast for production impact of up to 30% at the world’s largest iPhone factory, said the source, who sought anonymity as the information was private. Following this week’s bout of worker unrest at the plant, the source added, it was “impossible” for the company to resume full production by the end of the month – a deadline it had set internally before Wednesday’s wave of protests.
Foxconn declined to comment.
(Reporting by Yimou Lee and Taipei newsroom; Editing by Clarence Fernandez)
-
BUSINESS4 days ago
Domino’s Completes First Contextual and Attention-Powered Campaign with GumGum and Playground xyz
-
BUSINESS4 days ago
InMobi Wins Gold, Silver, Bronze MMA SMARTIES MENA Awards, Named “Technology Provider of the Year” for Fourth Consecutive Year
-
NEWS3 days ago
Analysis-Europe hits resistance in race to finalise green laws
-
FINANCE4 days ago
Explainer-Why does the UK have such a painful inflation problem?