Listen to this article2023-01-05T07:53:54Z
The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s headquarters in New Taipei City, Taiwan March 29, 2016. REUTERS/Tyrone Siu/File Photo
Taiwan’s Foxconn (2317.TW), the world’s largest contract electronics maker, on Thursday said revenue in December dropped 12.3% year-on-year after production problems related to COVID-19 controls at a major iPhone factory in China’s Zhengzhou.
The company in a statement said production at the major iPhone factory in China “basically returned to normal” in December. It did not elaborate.