Chip shortage to have `limited impact` on iPhone supplier, says chair
(iMore iPhone)

`Since most of the customers we serve are large customers, they all have proper precautionary planning` What you need to know Foxconn says it expects a global chip shortage to have a limited impact on the company. Its chairman said that its customers all have proper precautions in place. Foxconn has said that a global chip shortage will only have a `limited impact` on the company. From Reuters: The chairman of Apple Inc supplier Foxconn said on Saturday he expects his company and its clients will face only `limited impact` from a chip shortage that has rattled the global automotive and semiconductor industries. `Since most of the customers we serve are large customers, they all have proper precautionary planning,` said Liu Young-way, chairman of the manufacturing conglomerate formally known as Hon Hai Precision Industry Co Ltd `Therefore, the impact on these large customers is there, but limited,` he told reporters. Liu also said he expects the company to do we...