The plant, the world's largest iPhone manufacturing facility, has been hit by discontent over government mandated measures to curb the spread of Covid-19
It is interesting that the myths around the influence of Confucianism on Southeast Asia come not from Chinese scholars but from futurologist Hermann Kahn
The China's virus policy prompted Apple to lower its forecast for shipments of the premium iPhone 14 models this week, dampening its sales outlook for the busy year-end holiday season
The company, known also as Foxconn, reported earnings that missed estimates for the third quarter and said revenue growth will be flat for the current three-month period
In-person classes in eight of the city of some 19 million people's 11 districts will be halted from Thursday, officials said late Wednesday
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Apple previously cancelled plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize
Apple earlier said that restrictions related to Covid-19 have temporarily affected the main iPhone 14 Pro and iPhone 14 Pro Max assembly facility in Zhengzhou
Foxconn said in a statement that the provincial government in Henan, where Zhengzhou is located, "has made it clear that it will, as always, fully support Foxconn in Henan".
The abrupt move is expected to disrupt a factory already grappling with an outcry over an on-site coronavirus outbreak, worker exodus and enforced quarantine
The abrupt action reflects Beijing's Covid Zero approach to stamping out outbreaks, and is likely to further disrupt Foxconn's main operations base.
The impact on production comes amid the traditionally busy time for electronics makers and ahead of the year-end holiday season, which is also a prime time for vendors such as Apple
At least six counties and cities in Henan asked residents who just left Foxconn to contact local authorities before going home. Workers will be sent to several days of mandatory isolation: Officials
Foxconn's factory in Zhengzhou in central China is the world's largest assembly plant for Apple's iPhones
Industry analysts predict that next year, Apple might manufacture iPhone 15 in India at the same time in China
The company also revealed two electric vehicle concepts at its third annual Hon Hai Tech Day as it tries to diversify its business and take on the automotive market
The company that assembles smartphones for Apple Inc. and other global brands unveiled an electric SUV on Tuesday that will be produced for a Taiwanese automaker under a similar contract model. Foxconn Technology Group said the SUV will be sold by Yulon Motor as the Luxgen n7 starting next year. It said the five-seat vehicle should be able to travel 700 kilometers (440 miles) on one charge. No price was announced. Foxconn, also known as Hon Hai Precision Industry Co., plans to produce electric cars and buses for brands in China, North America, Europe and other markets. It said clients can modify their appearance and features. The venture adds to a crowded global market with electrics offered by almost every established automaker and dozens of ambitious startups. Hon Hai will certainly redefine the EV industry, company founder Terry Gou said in a statement. Foxconn, headquartered in New Taipei City, Taiwan, is the world's biggest contract assembler of smartphones and other consumer
Monthly mobile phone exports from India touched the $1 billion mark for the first time ever in the month of September this year
The smaller nation is scoring high in attracting global corporations and their suppliers
Gujarat gains because it was the first to check all the boxes as far as investor-friendly policies are concerned