Tagged With "Zhengzhou"

Sharp’s parent has workers fleeing town Bloomberg News is reporting that cities in central China hastily drew up plans to isolate migrant workers fleeing to their hometowns from a Foxconn plant in Zhengzhou city, fearing the returnees may trigger coronavirus outbreaks. Foxconn, aka Hon Hai Precision, is owner of Sharp, operates plant to build Apple products. Zhengzhou reported 167 locally transmitted COVID-19 cases in the 7 days to Oct. 29, up from 97 infections in the prior 7 day period.

Update on riots at Foxconn plant in China Foxconn, aka Hon Hai Precision of Taiwan, is parent of Sharp CNN is reporting that Foxconn is now offering $1800 bonus to workers who will stay and live and work at the plant in Zhengzhou, China, that makes Apple iPhones Wall Street Journal is reporting that Apple’s long term goal to move up to 45% of the iPhone manufacturing from China to India If Apple makes move, this would cause significant revenue loss to Foxconn, which shipped $32 billion worth...