Foxconn predicts more stable supply chain in the second half of 2022

Taipei: Apple supplier Foxconn said on Tuesday that the second half of the year is "developing in a better direction" as Shanghai's Covid-19 lockdowns appear to be easing.

"We are quite confident in the stability of our supply chain for the second half of this year," Foxconn Chairman Liu Young-way told the company's annual shareholder meeting.