TAIPEI (Taiwan News) — Taiwanese tech company Foxconn said Wednesday (March 16) that it had partially restarted its operations in the Chinese city of Shenzhen after having hit pause on production on Monday due to a local lockdown.
Foxconn’s operations there supply Apple, Google, and Amazon. The site also acts as an R&D hub, per a Nikkei report.
Foxconn is implementing what it has dubbed a "closed-loop management process," similar to that used to run Beijing’s Winter Olympic village this year, to manage its factories and employee dormitories. Employees in the loop can only move between their beds and their production line post.
Foxconn has also made its earnings from last year's fourth quarter public. The firm’s net profit fell by 3% compared to the fourth quarter of 2020, dropping to NT$44.39 billion (US$1.55 billion). This decline marked the end of a streak of three consecutive quarters of climbing profits.




