Foxconn Teams Up With Medtronic to Produce Ventilators
April 08 2020 - 5:08AM
Dow Jones News
By Yoko Kubota
Foxconn Technology Group--best known for assembling Apple Inc.'s
iPhones in China--is working with medical-device maker Medtronic
PLC to develop and produce ventilators, the Taiwanese
contract-assembly giant said Wednesday.
The move comes as the U.S. and other countries scramble to
secure enough ventilators, which help patients severely ill with
the coronavirus who have trouble breathing on their own. Besides
traditional ventilator makers including Medtronic, new players such
as General Motors Co. and Ford Motor Co. have joined the production
crew to produce the device.
Foxconn's announcement comes after Medtronic Chief Executive
Omar Ishrak said on CNBC earlier this week that the two companies
plan to produce the ventilators together at Foxconn's Wisconsin
plant over the next four to six weeks. "Currently, medical and
technical personnel of both companies are working together closely.
We hope to speed up the mass-production schedule," Foxconn
said.
In China, where the number of Covid-19 patients surged earlier,
Foxconn has been producing millions of masks since February to help
address medical-supply shortages. Meanwhile, Medtronic recently
shared the design specifications for a ventilator product to allow
other companies to produce it.
Write to Yoko Kubota at yoko.kubota@wsj.com
(END) Dow Jones Newswires
April 08, 2020 04:53 ET (08:53 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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