TechnologyFoxconn sees limited impact from huge China floods on iPhone hub
Chairman of key Apple supplier says regional manufacturing is necessary
Foxconn Chairman Young Liu is optimistic over the company's prospects during the second half of this year. (Photo courtesy of Foxconn)
LAULY LI and CHENG TING-FANG, Nikkei staff writers
NEW TAIPEI, Taiwan -- Key Apple supplier Foxconn on Friday said it expects limited impact from massive flooding in the Chinese city of Zhengzhou, the world's biggest iPhone production base, alleviating concerns over possible effects on assembly of the latest version of the smartphone, which is set to begin in weeks.