Tag: iphone factory china

Five things to know about Taiwan tech giant Foxconn
Technology

Five things to know about Taiwan tech giant Foxconn

[ad_1] China has imposed a strict lockdown on an area of central China housing a vast iPhone factory operated by Taiwanese tech giant Foxconn. The company, also known as Hon Hai Technology Group, is the world's largest contract manufacturer of electronics, including producing 70 percent of all iPhone shipments globally. The firm is also one of the world's biggest employers, with nearly 1.3 million working in factories mostly in China but also across Asia, eastern Europe, Latin America and the United States. Here are five things to know about the tech behemoth, the latest victim of China's no-compromise zero-Covid strategy: - Maverick founder - Terry Gou, once Taiwan's richest man (he ranked 6th this year), started his business in 1974 making television parts. And the rise of ...
China Locks Down Almost 1 Million People Near iPhone Factory
Technology

China Locks Down Almost 1 Million People Near iPhone Factory

[ad_1] The iPhone manufacturing hub of Zhengzhou locked down one of its most-populated districts to tame a virus flareup. The iPhone manufacturing hub of Zhengzhou locked down one of its most-populated districts to tame a virus flareup, with creeping restrictions throughout China underscoring the constant threat of disruption companies face while the country sticks to Covid Zero. Almost 1 million residents of Zhongyuan district were ordered to stay at home starting Monday, except for when they need to undergo Covid testing, and non-essential businesses have been shut, according to a government notice. The wider restrictions follow the lockdown of some neighborhoods last week, catching many people by surprise after officials had said there wouldn't be a citywide lockdown. iPhone m...