TAIPEI (Reuters) – Apple supplier Foxconn (2317 TW) got approval to resume production at a crucial China plant after being required to shut it following a coronavirus break out, but only 10%of the factory’s workforce has actually handled to return so far, a source informed Reuters.
Foxconn, the world’s largest contract electronic devices maker, got the green light to reboot production in the eastern central Chinese city of Zhengzhou, stated the individual with direct knowledge of the matter. The company, however, has actually not yet been enabled to restart production in Shenzhen, a southern production center, the source stated.
The two factories together make up the bulk of Foxconn’s assembly lines for Apple’s ( AAPL.O) iPhones, and the hold-ups are most likely to effect worldwide shipments.
Marketing research firm Trendforce on Monday cut its March-quarter forecast for iPhone production by about 10%to 41 million handsets.
Apple itself provided a wider-than-usual profits outlook range for the March quarter last month to factor in uncertainty due to the infection that has declared more than 900 lives and contaminated over 40,000 people.
An Apple spokesperson in Shanghai was not immediately available for comment.
Apple rival and China’s biggest smart device maker, Huawei, stated recently it had resumed