Foxconn, the Taiwanese multinational electronics contract manufacturing company's factories in mainland China, have gone into a halt, holding the production and working of the manufacturing facilities after the recent outbreak of Coronavirus in the country. The factories were asked to shut down at least until February 10, bringing an absolute stop to all the production. New reports emerging from this country in the East Asia tells us that an extension in the present halt on companies including Foxconn facilities may impact and interrupt the shipments to clients like Apple. As of now they have only come across a "fairly small impact" on the production in China due to the epidemic, and the company is reportedly utilizing factories in Vietnam, India and Mexico to fill in the space left behind. We also learn that Foxconn will be able to make up for this delay if their facilities by running overtime after the current ban is lifted in China. The source even let us know that, if the halt moves beyond February 10, it could rise concerns over the production hubs in the Southern Guangdong Province the city of Zhengzhou in Henan Province, where the Americans have their major iPhone manufacturing units located.
Source: REUTERS
