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Foxconn's January sales surge COVID disruption shaken off

Reuters
Updated ·1 min read

TAIPEI, Feb 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker and major iPhone assembler for Apple Inc, said on Sunday that revenue in January jumped 48.2% year-on-year, as it shook off COVID disruptions in China.

Revenue in January reached a record high, with operations returning to normal and shipments increasing at the Zhengzhou campus in China, a centre for iPhone production, the company said in a statement.

Production of iPhones faced disruption ahead of Christmas and January's Lunar New Year holidays, after curbs to control COVID-19 prompted thousands of workers to leave Foxconn's factory lines in Zhengzhou. (Reporting by Ben Blanchard and Meg Shen; Editing by Lincoln Feast.)