On Breakingviews – iPhones will display China’s back-to-work power, writes mak_robyn:
FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone Siu/File Photo
Foxconn has won permission to resume operations at its mega Zhengzhou facility in northern China. Production at the plant, which some analysts reckon account for the bulk of the iPhone’s assemblies, has been halted for over two weeks. The company is still in talks with officials to restart two other major plants, according to Reuters. One, in the southern city of Shenzhen, is focused on new iPhone models slated for this year, local media reports.
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