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Foxconn moves more operations away from China

by on11 November 2022

Wants to avoid zero Covid policy

Foxconn has had a gutsful of China’s zero covid policy and is moving some of its operations to a country which still has cheap labour but whose government does not shut down a region when a worker gets a snuffle.

The company said it is planning to quadruple its workforce at its iPhone factory in India over the next two years after Foxconn's largest factory in China's Zhengzhou slumped the iPhone 14 series manufacturing.

Apple and Foxconn are worried about their dependency on China for global supply chains.

The manufacturing slump was caused by China's zero-COVID policy resulting in the lockdown of more than one million people in the Zhengzhou district. Out of the one million, more than 200,000 were workers at the Foxconn plant.

Foxconn will boost its workforce in India by 53,000 to a total of 70,000 over the next two years., although the total workforce will still be lower than Foxconn's Zhengzhou plant.

In its earnings call, the company said it would adjust its production capacity and output to reduce any further disruptions on supplies for the holiday season.


Last modified on 11 November 2022
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