TAIPEI – Foxconn is restarting production at its main plants in China and cautioned 2020 revenue will be negatively affected by the coronavirus epidemic, according to reports. The firm did not provide an estimate of how much revenue will be hit.

Foxconn said its plants in Vietnam, India and Mexico continue to operate at full capacity, with expansion plans underway to mitigate some of the effects of the epidemic.

Foxconn hopes to have China production back at 50% levels by the end of February, say reports.

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