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World’s Largest iPhone Factory Hit by Covid in China – SCMP

Reports of Foxconn’s Zhengzhou campus operating in a “production bubble” went viral on Chinese social media platforms


People wear masks to protect themselves from coronavirus disease (COVID-19) while listening to the annual general meeting at the lobby of Foxconn's office in Taipei
Foxconn told SCMP that the outbreak has affected a “small number of employees” and that operations at the campus are “relatively stable”. Photo: Reuters

 

The largest iPhone factory in the world, owned by the Foxconn Technology Group in the central Chinese city Zhengzhou, has been hit by a Covid-19 outbreak, the South China Morning Post reported.

Foxconn told SCMP that the outbreak had affected a “small number of employees” and that operations at the campus are “relatively stable”. Foxconn’s statement came after reports of the Zhengzhou campus operating in a “production bubble” went viral on Chinese social media platforms.

Read the full report: SCMP.

 

 

 

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Xi Jinping Doubles Down on China’s Zero Covid Policy – NYT

 

 

Zero Covid Brings Guangdong Factory Hub to its Knees – RFA

 

China’s Yuan Drops Near 15-Year Low After Investors’ Sell-off

 

Mining Giant BHP ‘Cautiously Optimistic’ About China Economy

 

 

 

 

Vishakha Saxena

Vishakha Saxena is the Multimedia and Social Media Editor at Asia Financial. She has worked as a digital journalist since 2013, and is an experienced writer and multimedia producer. As a trader and investor, she is keenly interested in new economy, emerging markets and the intersections of finance and society. You can write to her at [email protected]