iPhones will display China’s back-to-work power, writes mak_robyn:
Taiwan's Foxconn has received Chinese government approval to resume production at a key plant in the country, Reuters reported on Feb. 10, citing a source with direct knowledge of the situation. About 16,000, under 10% of Foxconn’s workforce in the city of Zhengzhou, have returned to the factory, the source added.
But the company, which makes smartphones Apple and other brands, is still in talks with the government to resume production at another plant in the southern Chinese city of Shenzhen, the source added. Workers across China began trickling back to offices and factories on Feb. 10 as the government eased some restrictions on work and travel in the wake of the coronavirus epidemic that has now killed more than 900 people, mostly on the mainland.
Shares of the Taipei-listed Foxconn, formally known as Hon Hai Precision, were down 0.5% to T$82.50 by mid-morning on Feb. 10.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breakingviews - iPhones will display China's back-to-work powerOn Breakingviews – iPhones will display China’s back-to-work power, writes mak_robyn:
Read more »
China to stagger back to work as virus deaths surpass SARS tollChina raised the death toll from the coronavirus epidemic to 811 on Sunday, pass...
Read more »
China to stagger back to work as coronavirus deaths surpass SARSChina raised the death toll from the coronavirus epidemic to 811 on Sunday, pass...
Read more »
China to stagger back to work as coronavirus deaths surpass SARSChina raised the death toll from the coronavirus epidemic to 811 on Sunday, pass...
Read more »
Coronavirus deaths top 800, surpassing SARS, as China heads back to workThe coronavirus outbreak’s death toll has surpassed that of the SARS epidemic in 2002 and 2003 after China announced a new daily record number of deaths
Read more »
Pompeo to governors: China is watching youSecretary of State Mike Pompeo had a stark message for the governors gathered in Washington this weekend: The Chinese government is watching them, and other state government officials, more closely than they think
Read more »