Apple’s Supplier Foxconn, To Resume Production by The End of March

According to Reuters, Apple’s supplier, Foxconn will resume normal production in China by the end of this month, as the majority of its seasonal workforce have come back to work after being put in quarantine due to the coronavirus outbreak.

Although the business is good now, Foxconn is skeptical regarding the impact the virus will have upon the yearly production: 

“Prevention of outbreak, resumption of work and production are our top priority,” chairman Liu Young-Way told an online investor conference on Tuesday.

Hundreds of thousands of Foxconn workers are working at Foxconn’s “iPhone City” factory in Zhengzhou, China, all of them being involved in the process of assembly. For them is a massive effort, while for Apple Foxconn is just one of the 200 suppliers based in China.

Foxconn shares have decreased by more than 10% so far, being among the manufacturers feeling the economical after-effects of the coronavirus.

So far, the virus affected 70 countries and is responsible for approximately 3,000 deaths worldwide.