They added that production had cautiously restarted last month, with more than half of its workforce continuing work. However, Foxconn was unable to predict the virus’ impact on its revenue for the year, which dropped more than 10 percent.
“Prevention of outbreak, resumption of work and production are our top priority,” said company chairman Liu Young-Way. He also assured investors during an online conference that there were no big problems with the supply chain, and that Foxconn is helping suppliers to resume work. The coronavirus had resulted in companies such as Samsung and LG to shut down factories and halt production as well. Furthermore, it had also lead to the cancellation or delay of events such as MWC, GTC and Taipei Game Show. (Source: Reuters)
