TAIPEI (Reuters) – Foxconn could see a “big” production impact and shipments to customers including Apple face disruption if a Chinese factory halt due to the coronavirus outbreak extends into a second week, a person with direct knowledge of the matter said.
FILE PHOTO: CEO Tim Cook presents the new iPhone 11 at an Apple event at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam/File Photo
Taiwan’s Foxconn (2317.TW), which makes smartphones for Apple (AAPL.O) and other brands, has halted “almost all” of its production in China after companies were told to shut until at least Feb. 10, the source said, adding that an extension of the stoppage could disrupt shipments to clients including Apple.
Taipei-based Foxconn, which is the world’s largest contract electronics maker, did not immediately respond to a request for comment, while Apple declined to comment.
The source told Reuters on Monday that Foxconn has so far seen a “fairly…
Source Reuters Tech News