Taiwan’s Foxconn warns of the negative impact on the revenues of the outbreak of the virus

FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen at the top of the building, in Taipei, Taiwan, March 30, 2018. REUTERS/Tyrone Siu

TAIPEI (Reuters) – taiwan’s Foxconn on Thursday said it is a corona virus outbreak occurs, it will lead to a decline in full-year sales and the company will be “careful” in cv out to the main factories in China that were closed because of the outbreak.

Foxconn said in a statement released to the Taipei fair, which has its plants in countries such as Vietnam, India, and Mexico continued to be at full capacity and plans for expansion were in progress.

Foxconn, the world’s largest contract electronics maker, and is formally called Hon Hai Precision Industry Co., Ltd, is a supplier to Apple Inc. and others.

Reporting By Yimou Lee and Twinnie Siu

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