Foxconn expects Zhengzhou plant to resume iPhone production soon
Apple supplier Foxconn expects its COVID-hit Zhengzhou plant in China to resume full production around late December to early January. The Zhengzhou plant has been struggling with strict COVID-19 restrictions that have fuelled workers over conditions at the factory. It is said that the capacity is now being gradually resumed, with new staff hiring underway.
Foxconn may have seen more than 30% of the Zhengzhou site’s November production affected. It also reported that revenue in November fell 11.4% year on year reflecting production problems related to COVID-19 controls at the major iPhone factory.
The company said, “At present, the overall epidemic situation has been brought under control with November being the most affected period.” The company added that it has started to recruit new employees and is gradually restoring production capacity to normal.
Last month the Taiwanese company said it expects a slight decline in fourth-quarter revenues year-on-year for its smart consumer electronics business and significant growth for cloud and network products. Foxconn said its overall revenue in the fourth quarter was expected to be “roughly in line with market consensus”.
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