Trending: Apple Supplier Foxconn Facing Unrest at China Facility
November 28 2022 - 02:27PM
Dow Jones News
13:57 ET -- Apple Inc. is one of the most talked about companies
in the U.S. across all news items in the last 12 hours, according
to Factiva data. Foxconn, a major supplier to Apple, is facing
worker unrest and defections at its factory in Zhengzhou, China.
Apple said last week its staff is working with Foxconn, also known
as Hon Hai Precision Industry, to address workers' concerns. Apple
shares were trading 2.1% lower at 1:37 p.m. ET. Year to date,
Apple's stock in down by more than 18%. Dow Jones & Co. owns
Factiva. (stephen.nakrosis@wsj.com)
(END) Dow Jones Newswires
November 28, 2022 14:12 ET (19:12 GMT)
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