EXCLUSIVE Foxconn’s iPhone output in India down amid COVID surge-sources
Production of the Apple iPhone 12 (AAPL.O) at a Foxconn (2317.TW) factory in India has slumped by more than 50% because workers infected with COVID-19 have had to leave their posts, two sources told Reuters.
Families tell of desperate searches after Mexico metro collapse
Samuel Del Aguila’s son was on his way home from his job at the airport in Mexico City on Monday night when his family saw the first news reports about a deadly metro train accident. When 29-year-old Immer did not arrive home at the usual time, his family started to worry, and began calling his […]
Nokia sees pick up in margins as turnaround takes shape
HELSINKI (Reuters) – Telecoms equipment maker Nokia is forecasting a pick up in profit margins to 10-13% in 2023, as new CEO Pekka Lundmark charts a course to catch up with rivals in the race to deliver 5G networks. Missteps with strategy during the early phase of the 5G cycle have led the Finnish company […]
