Foxconn expects to resume normal production by end of march

According to recent reports, Foxconn, the world's largest contract manufacturer of electronics, expects to resume normal production at its factories in China by the end of March. This is a significant development, as the company's production has been severely impacted by the ongoing COVID-19 pandemic and subsequent lockdowns in China.

Foxconn, which is also known as Hon Hai Precision Industry Co., has been struggling to maintain production levels due to the pandemic, which has led to shortages of components and labor. The company has been working to mitigate the impact of the pandemic on its operations, including implementing measures such as remote work, social distancing, and increased cleaning and disinfection protocols.

The resumption of normal production at Foxconn's factories is expected to have a positive impact on the global supply chain, as the company is a major supplier of components and finished goods to many of the world's leading technology companies, including Apple, Amazon, and Google.

It's worth noting that while Foxconn expects to resume normal production by the end of March, the company may still face challenges in the coming months, including the potential for future lockdowns or outbreaks of the virus. However, the resumption of production is a significant step forward for the company and the global technology industry.