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Foxconn’s China exit due to erratic policies signals MNCs' shift to India, Vietnam - OrissaPOST
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Foxconn’s China exit due to erratic policies signals MNCs' shift to India, Vietnam - OrissaPOST
New Delhi: The sudden closure of Apple’s largest supplier, Foxconn’s Henyang Hongfujin Precision Industry plant, due to the government’s erratic policies exposed the “hollow core of China’s industrial economy”, a report said Friday. The factory that once employed 30,000 workers and generated billions in output was closed September 30, 2025, leaving commercial districts tied to Foxconn’s presence as abandoned towns, the report from Daily Mirror s…
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