Foxconn is assuring investors that it will be able to assemble Apple's iPhone 5G in time for a fall launch, reports Bloomberg.
Although time has been lost to travel restrictions and other disruptions caused by COVID-19, there's still months to go before the first trial assembly lines start in June.
On a private conference call hosted by Goldman Sachs, investor relations chief Alex Yang said the company can still make the deadline.
“We and the customer’s engineers are trying to catch up the missing gap, after we lost some days due to travel ban. There’s opportunity and possibility that we might catch up,” Yang said. “But if there’s a further delay in the next few weeks, months, then you probably have to reconsider launching time. It’s still possible.”
Foxconn has since issued a statement saying the conference call was intended to communicate thoughts on the entire industry and not focused on a specific product or customer.
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Although time has been lost to travel restrictions and other disruptions caused by COVID-19, there's still months to go before the first trial assembly lines start in June.
On a private conference call hosted by Goldman Sachs, investor relations chief Alex Yang said the company can still make the deadline.
“We and the customer’s engineers are trying to catch up the missing gap, after we lost some days due to travel ban. There’s opportunity and possibility that we might catch up,” Yang said. “But if there’s a further delay in the next few weeks, months, then you probably have to reconsider launching time. It’s still possible.”
Foxconn has since issued a statement saying the conference call was intended to communicate thoughts on the entire industry and not focused on a specific product or customer.
Please download the iClarified app or follow iClarified on Twitter, Facebook, YouTube, and RSS for updates.
Read More