‘Negligible impact’: Apple analyst Kuo sees no upheaval from Foxconn recalling Chinese staff

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Foxconn ordering hundreds of Chinese employees to leave its India iPhone plant will have “negligible” impact, said Apple analyst Ming-Chi Kuo.

His comments followed reports of Foxconn pulling more than 300 Chinese engineers and technicians from its Indian production facilities on Wednesday. The development comes as Apple’s largest contract manufacturer moves ahead with ramping up production in the country, especially iPhones.

Kuo noted that there were not many Chinese employees at the company’s India iPhone facilities. Production capabilities at…



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‘Negligible impact’: Apple analyst Kuo sees no upheaval from Foxconn recalling Chinese staff



Foxconn ordering hundreds of Chinese employees to leave its India iPhone plant will have “negligible” impact, said Apple analyst Ming-Chi Kuo.

His comments followed reports of Foxconn pulling more than 300 Chinese engineers and technicians from its Indian production facilities on Wednesday. The development comes as Apple’s largest contract manufacturer moves ahead with ramping up production in the country, especially iPhones.

Kuo noted that there were not many Chinese employees at the company’s India iPhone facilities. Production capabilities at…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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