iPhone maker Foxconn ”gradually” resuming production capacity
Leading contract electronics maker Foxconn is gradually resuming production capacity at its major manufacturing base at Zhengzhou in China”s Henan province.
Its production in the Zhengzhou Airport Economy Zone had slowed due to the outbreak of the novel coronavirus (COVID-19) in January, affecting the international supply chain, Xinhua reported on Wednesday.
Apple said in February that its revenue for the current quarter would be below its forecasts and that the worldwide iPhone supply “will be temporarily constrained” because of the consequences of the COVID-19 epidemic.