Apple supplier Foxconn Technology Group expects its full-year revenue to suffer from the disruption to China-based manufacturing by the coronavirus epidemic.
The warning from the world’s largest electronics contract manufacturer is the clearest indication yet of the scale of the outbreak’s impact on the global technology supply chain.
“As we are moving ahead with the reopening of mainland China manufacturing complexes in a relatively cautious manner, this will indeed have a negative impact on full-year revenues,” Hon Hai, the group’s Taipei-listed flagship company, said in a statement to the Taiwan Stock Exchange on Thursday.
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