Foxconn predicts more stable supply chain in the second half of 2022
Taiwan's Foxconn, the world's largest contract electronics maker, said that the second half of the year is heading "in a better direction" as Shanghai's COVID-19 lockdown appears to be easing."We are quite confident in the stability of our supply chain for the second half of this year," Foxconn chairman Liu Young-way told the company's annual shareholder meeting.The Shanghai government will allow all residents in 'low-risk' areas to return to work.Foxconn is aiming to become the first electric vehicle (EV) maker "not…