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BIZNOB: Apple supplier Foxconn hit by China’s COVID 19 curbs

TAIPEI/BEIJING, March 14 (Reuters) – China’s efforts to curb its largest COVID-19 outbreak in two years has forced companies from Apple (AAPL.O) supplier Foxconn to automakers Toyota (7203.T) and Volkswagen (VOWG_p.DE) to suspend some operations, raising concerns over supply chain disruptions.

Multiple Chinese provinces and cities have tightened restrictions in line with Beijing’s zero-tolerance goal of suppressing contagion as quickly as possible, among them the southern Chinese tech hub of Shenzhen

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