Tuesday, March 24, 2020

iPhone makers suspend India production due to lockdown

Foxconn, also known as Hon Hai Precision Industry Co., is suspending operations until April 14, it told Bloomberg News. It intends to resume India production based on further government announcements. A Wistron representative said the company is also adhering to the order, while declining to comment on exactly what products are affected.

from Economic Times https://ift.tt/39i6Bh5

No comments:

Post a Comment

FII exodus deepens in 2026 at Rs 1.75 lakh crore as April outflows swell to Rs 43,967 crore; FOMC next trigger

Foreign institutional investors offloaded Indian equities worth Rs 17,140 crore last week, extending April's outflows to Rs 43,967 crore...