Posted inChina

Huawei orders will give Foxconn a lifeline

As Huawei struggles to keep a foothold in Western markets amid a barrage of security concerns, it is being hailed as a potential savior for handsets assembler Foxconn. Five months ago the Taiwanese firm began laying off 50,000 workers in China, but now they are being rehired. Foxconn, known as Hon Hai Precision Industry Company in […]

%d bloggers like this: