Stock Market

Foxconn’s CEO will visit the iPhone plant in China that was hit by COVID – source

TAIPEI (Reuters) – A source with direct knowledge of the situation said that Foxconn Chairman Liu Young-way left on Tuesday for a four-day inspection of the company’s iPhone plant in Zhengzhou, China.

This will be Liu’s first trip as chairman to the world’s largest Apple (NASDAQ:AAPL) iPhone factory. According to a source, his main goals are to look at how things are going now that production is back up and to talk with people a lot.

The source said that Liu is going to meet with high-level government officials, such as Lou Yangsheng, the Communist Party chief of Henan province, which is where Zhengzhou is located.

Foxconn, which used to be called Hon Hai Precision Industry Co, didn’t want to say anything. When asked for a comment, the Henan government did not respond right away.

The person who told the media about the situation did not want to be named because they were not allowed to talk to the media.

Late last year, there was an outbreak of COVID-19 at the iPhone plant of the Taiwanese company. This caused thousands of workers to leave, as well as unrest and production delays.

Foxconn said in January that production at its Zhengzhou plant had “pretty much gone back to normal.”


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button