Resumption of work at Foxconn factories in China beats expectations, says founder

Foxconn founder Terry Gou giving a speech during the company's year-end gala in Taiwan, on Jan 22. — Reuters

TAIPEI: Terry Gou, founder of Apple's major manufacturing partner Foxconn, said on March 12 that the resumption of production at its factories in China had "exceeded expectations" after a prolonged halt due to a coronavirus outbreak that had disrupted supply chains.

Foxconn, the world's largest contract electronics maker, has most of its production in China, where many of its suppliers are also located, and as a consequence was hit hard by the virus-related curbs that have hurt demand and upended supply chains of manufacturers globally.