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Productions Halts Begin In South Korea At A Key Apple Supplier! Six Flags Shares Plunge 16%...

7 ViewsĀ· 02/22/20
Aryel Narvasa
Aryel Narvasa
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Economic Collapse News February 21, 2020.
The big story is the production halts have now begun in South Korea at another key apple supplier, For now, it is isolated to the training facility where several employees were asked to remain home. Hynix now joins Foxconn in the list of critical Apple suppliers who have subdued capacity. Six flags shares crashed 16% after the company announced it may cancel all projects in China. Foxconn also lowered its forward revenue guidance due to the production halts in China. Adidas recently began a plan to open 3,000 store in china and the bad news is they announced sales are down 85% due to lack of foot traffic, Adidas also has a manufacturing facility nearby.

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