and aims to resume production even though only 10% of the workforce has returned so far, a source told Reuters.
“As a matter of policy and for reasons of commercial sensitivity, we do not comment on our specific production initiatives,” Foxconn said in a statement to Reuters. “Work there will be resumed in a staggered and orderly manner,” the person said. “But a big challenge remains after factory resumption due to the severe situation of the outbreak.”
Its shares fell as much as 2.4%, underperforming a 0.3% decline in the broader market. Foxconn has fallen more than 11% since the market reopened after the holiday break. The coronavirus epidemic – declared a global health emergency by the World Health Organization – has disrupted Chinese manufacturing and forced firms such as Hyundai Motor to halt production of cars in some factories.
Ntho tsentle fela
Please RT my Pinned Tweet😔❤❤❤❤💖💖
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Wamkele Mene elected AfCFA Secretary General - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.South Africa's Wamkele Mene has been elected as the African Continental Free Trade Area Secretary General. Go go go GovernmentZA Nigeria won't be happy. I hear Nigeria is not happy 🤔
Source: SABC News Online - 🏆 32. / 51 Read more »
China's Hubei reports 103 new deaths on Feb 10 - Health Commission - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.China's Hubei province, the epicentre of a coronavirus outbreak, reported 2 097 new cases and 103 new deaths on February 10, the local health authority said on Tuesday.
Source: SABC News Online - 🏆 32. / 51 Read more »
China reports 108 new coronavirus deaths on Feb. 10, total at 1,016 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.China reported 108 new coronavirus deaths on the mainland on February 10, up from 97 on the previous day, the country's health authority said on Tuesday.
Source: SABC News Online - 🏆 32. / 51 Read more »