iPhone Maker Foxconn Says Output at Largest China Plant Recovering Despite Revenue Drop
Foxconn, the world's largest contract electronics maker, said on Thursday output at its iPhone plant in China had "basically returned to normal" and December revenue, down 12.3 percent year-on-year, marked the start of a recovery.Production of Apple iPhones faced disruption ahead of Christmas and January's Lunar New Year holidays, after curbs to control COVID-19 prompted thousands of workers to leave Foxconn's factory lines in China's Zhengzhou city.Although lower compared with the previous year, the company said revenue…