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IPhone Maker Expects China Plants Back to Normal in Coming Weeks.

Authors :
Wu, Debby
Yuan, Gao
Source :
Bloomberg.com; 3/3/2020, pN.PAG-N.PAG, 1p
Publication Year :
2020

Abstract

(Bloomberg) -- Hon Hai Precision Industry Co., Apple Inc.'s most important manufacturing partner, expects its Chinese plants to run at normal capacity by the end of March despite lingering uncertainty around the coronavirus outbreak. Apple scrapped its revenue guidance for the March quarter because of work slowdowns and worsening demand, showing the outbreak was taking a bigger-than-predicted toll on one of the world's most valuable companies. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
142046448