Foxconn’s Zhengzhou plant resumes operations

On Monday, as per a source with direct knowledge of the matter at hand, Foxconn has received approval to resume production at its plant in Zhengzhou in northern China.

Around 16,000 people have returned to the plant, said the source while adding that the company was “trying very hard” to negotiate with Chinese authorities to resume production in other parts of China as well, including Shenzhen and Kunshan.

The source prefered the cover of anonymity since the person was not authorized to speak publicly on the matter.

Delays in resuming operations are likely to impact Foxconn’s global supply chain and shipments, said the source.

Foxconn, formally known as Hon Hai Precision Industry Co Ltd, did not immediately respond to requests for comments.

After an extended Lunar New Year holiday, tens of thousands of Foxconn employees have returned to work. They have been told to wear masks and undergo temperature checks; they have also been told to stick to a specified dining system, going by Foxconn’s internal memos.

According to its memos, Foxconn has built its own production lines in Guangdong, southern China, to make masks for hundreds of thousands of employees; it is targeting a production of two million masks a day when at full capacity by late February, shows the memos.



Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Regulations & Legal, Strategy

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