Foxconn unit sees limited impact from suspended China plant

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Foxconn unit sees limited impact from suspended China plant
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Operations at a unit of Taiwan-based Apple Inc supplier Foxconn in China's Kunshan city remain suspended because of COVID-19 controls but there is limited impact as it has shifted production elsewhere, it said on Monday.

in China's Kunshan city remain suspended because of COVID-19 controls but there is limited impact as it has shifted production elsewhere, it said on Monday., which makes data transmission equipment and connectors, will remain closed until the authorities give permission to restart, it said.

"As production has previously been deployed to backup factories, the factory's main products are located in overseas shipping warehouse and inventory levels are still sufficient, the impact on the company's business is limited," Foxconn said in a statement.A source familiar with the situation said the plant is not a major supplier for Apple products and the company was able to shift production to other facilities.

That had caused dozens of Taiwanese firms, many making parts for the semiconductor and electronics industries, to suspend operations.Reporting by Ben Blanchard and Yimou Lee; Additional reporting by Rhea Binoy in Bengaluru; Editing by Himani Sarkar, Robert BirselSign up to our tech newsletter to get the latest news and trends in the global technology industry.

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