Apple supplier Foxconn got approval to resume production at a key China plant after being forced to shut it following a coronavirus outbreak, but only 10per cent of the factory's workforce has managed to return so far, a source told Reuters.
Market research firm Trendforce on Monday cut its March-quarter forecast for iPhone production by about 10per cent to 41 million handsets. About 16,000 people, or under 10per cent of Foxconn's workforce in Zhengzhou have returned to the plant, the source said, adding that company executives were trying very hard to negotiate with authorities to resume production in other parts of China, including Kunshan, in southeastern Jiangsu province.
Some companies including Samsung Electronics limped back to work on Monday but hundreds of factories and stores remain shut across China.
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