Restoring 50% capacity at the end of February? Foxconn denies Reuters claims

On Wednesday, local time, Foxconn announced that a report on the company’s plan to reopen some of its factories in China in February was incorrect, and that no formal timetable had been given for the next resumption of work,media reported. Just a day earlier, Reuters reported that the Apple supplier plans to resume 50 percent of its production capacity in China by the end of the month and plans to increase that to 80 percent in March.

Restoring 50% capacity at the end of February? Foxconn denies Reuters claims

Today, however, Foxconn denied the claim in a statement filed with the Chinese Taipei Stock Exchange. And unfortunately, no update sits on this matter was given.

Late last month, Foxconn said customer orders would not be affected by the new coronavirus outbreak and expected its plant to resume full production by February 10. However, this timetable has apparently been abandoned after the Chinese government announced several times to extend the Lunar New Year holiday to control the spread of the virus.

According to a recent report, Foxconn is preparing to complete Apple’s iPhone order and move some production to India and China and Taiwan. The company’s plant in Zhengzhou, which is understood to be responsible for the bulk assembly of the iPhone 11/11 Pro, has been closed.

At the same time, Apple is taking steps to prevent the spread of the virus, and this month it closed all of its retail stores and offices in China.

So far, the outbreak of the new coronavirus has killed more than 1,300 people worldwide and infected more than 60,000 people.