Foxconn
Brings in Fresh Blood to Lead iPhone Unit in China
Hon Hai Precision (Foxconn) appointed
a senior project manager to head its huge iPhone assembly business, which was hit
by production disruption in China in the final quarter of 2022 and is looking to
diversify its supply chain, Bloomberg reported.
Michael Chiang, senior new product
introduction project manager at Foxconn, replaces veteran Wang Charng-yang, who will remain a board member, the news outlet
wrote.
A spike in Covid-19 (coronavirus)
cases at its largest iPhone assembly facility in China and widespread protests about
working conditions slowed output of iPhones
in the final quarter.
Foxconn’s largest client Apple
pushed for some production to be moved out of China,
with The Wall Street Journal reporting the US company is also looking to reduce
its dependency on the company by spreading out work among a larger base of suppliers.
The manufacturer reportedly accelerated a shift of some
production of Apple’s flagship smartphone from China to India.
Foxconn posted slower revenue growth in Q4
2022 and declined to release a forecast for the current quarter.