Chip shortage to have 'limited impact' on iPhone supplier, says chair"Since most of the customers we serve are large customers, they all have proper precautionary planning"
What you need to know
Foxconn says it expects a global chip shortage to have a limited impact on the company.
Its chairman said that its customers all have proper precautions in place.
Foxconn has said that a global chip shortage will only have a "limited impact" on the company.
From Reuters:
The chairman of Apple Inc supplier Foxconn said on Saturday he expects his company and its clients will face only "limited impact" from a chip shortage that has rattled the global automotive and semiconductor industries.
"Since most of the customers we serve are large customers, they all have proper precautionary planning," said Liu Young-way, chairman of the manufacturing conglomerate formally known as Hon Hai Precision Industry Co Ltd
"Therefore, the impact on these large customers is there, but limited," he told reporters.
Liu also said he expects the company to do we...
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Chip shortage to have 'limited impact' on iPhone supplier, says chair
