(Bloomberg) -- Foxconn Technology Group is facing a battle of talent in Vietnam as major suppliers to Apple Inc. continue to shift some capacity from China to the Southeast Asia country on prolonged tensions between Beijing and Washington. Most Read from BloombergChina Says It May Have Detected Signals From Alien CivilizationsStocks Jump as Powell Soothes Wall Street’s Nerves: Markets WrapFed Hikes 75 Basis Points; Powell Says 75 or 50 Likely in JulyWorld’s Central Banks Got It Wrong, and Econom
(Bloomberg) -- More than 30 Taiwanese companies including Pegatron Corp. and Macbook maker Quanta Computer Inc. have now halted production in the electronics hubs of eastern China to comply with local Covid-related restrictions, spelling more trouble for an already fragile global tech supply chain.Most Read from BloombergIn Defense of Elon Musk's Managerial ExcellenceU.S. Stops Mask Requirement on Planes After Judge’s RulingPutin Calls Time on Foreign Listings in Fresh Hit to TycoonsTwitter Has
(Bloomberg) -- IPhone assembler Pegatron Corp. suspended production at its Chinese plants in Shanghai and Kunshan as the country’s policies to control the worst virus outbreak in two years disrupt global supply chains.Most Read from BloombergU.S. Stops Mask Requirement on Planes After Judge’s RulingUkraine Update: Zelenskiy Says Russia Launches Donbas AssaultGlobal Investors Flee China Fearing That Risks Eclipse RewardsInfowars Files for Bankruptcy Amid Sandy Hook LawsuitsUkraine Update: Mariupo