Foxconn is about to reopen factories in China

From Taipei comes the confirmation that Foxconn is ready to at least partially resume the production of the devices in the plants located throughout the China, but with caution, because of the epidemic of coronavirus which is still affecting the country. At the time this article is written and published, the cases of infection ascertained by the World Health Organization are 75,751, the deaths 2,130 and the patients recovered 16,824.

Foxconn reopens factories in China, but with caution

The announcement comes a few days after the intervention of Apple which revised downwards the forecasts for the current quarterly, precisely as a consequence of a slowdown in the assembly and delivery rhythms of the devices to be brought onto the market.

Recall that Foxconn is currently the world leader in the production of products such as smartphone. It also controls factories in Vietnam, India and Mexico. In addition to the bitten apple, among its customers there is also Huawei, the second leading player in the sector by number of units sold, behind Samsung and right in front of the Cupertino group.

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The impact of the coronavirus on the group's business

The company, controlled by Hon Hai Precision Industry Company, has already budgeted for one drop in profits generated from here at the end of the year, precisely because of the coronavirus epidemic. Production in China will return to 50% of capacity within the next week, according to a source through the Reuters pages.

The impact of COVID-19 (this is the name attributed to disease) on the mobile universe is not indifferent: just think of the cancellation of the MWC 2020 of Barcelona decided by GSMA as a precautionary measure. A choice that in fact removes the most important trade fair in the sector from the calendar.

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