FILE PHOTO: A sign marks Taiwan-based Foxconn’s facility in the Racine County town of Mt. Pleasant, Wisconsin, U.S., April 28, 2019. REUTERS/Brian Snyder/File Photo
TAIPEI (Reuters) – Taiwanese electronics manufacturer Foxconn will make ventilators with U.S. firm Medtronic Plc to help patients afflicted by the coronavirus outbreak, the company said on Wednesday.
Foxconn, formally known as Hon Hai Precision Industry Co Ltd, is best known for assembling Apple’s iPhones at factories in China.
In a statement released through company founder Terry Gou’s office, Foxconn said it was currently cooperating with Medtronic to design and develop ventilators, and medical and technical personnel from both firms were working closely on this.
The companies hope to speed up production time so the ventilators can be put to work as soon as possible, it added.
Medtronic Chief Executive Officer Omar Ishrak told CNBC that Foxconn’s Wisconsin plant would be used to make the ventilators.
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