Apple supplier Foxconn replaces iPhone chief – Bloomberg

Jan 17 (Reuters) – Taiwan’s Foxconn (2317.TW) has appointed Michael Chiang as head of its iPhone assembly business after a tumultuous year in China, Bloomberg reported on Tuesday, citing people familiar with the matter. new boss.

Bloomberg News reported that Jiang Zemin replaced longtime leader Wang Changyang as the head of the iPhone assembly department.

Foxconn declined to comment. Apple did not immediately respond to a request for comment.

Foxconn’s Zhengzhou, China, factory, the world’s largest Apple Inc (AAPL.O) iPhone manufacturing plant, was severely affected late last year after the COVID-19 outbreak, with restrictions to contain the virus causing thousands of workers to leave .

It has also been hit by unrest among workers over payment issues, but the factory is almost back to full production, with shipments in December at about 90% of the original plan, sources told Reuters in early January.

Bloomberg reported that Jiang’s appointment was part of an effort by Foxconn Chairman Liu Yang to promote young managers to maintain leadership in the company’s supply chain in the face of growing competition from Chinese competitors.

Earlier this month, the Financial Times reported that Apple would sign a contract with Chinese contract manufacturer Luxshare Precision Industry Co Ltd (002475.SZ) to produce high-end iPhone models to make up for Foxconn (2317.TW ). ) production loss at the Zhengzhou factory. last year.

Reporting by Lavanya Ahire in Bengaluru; Editing by Dhanya Ann Thoppil and Nivedita Bhattacharjee

Our Standards: The Thomson Reuters Trust Principles.

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