[Update: Issues Resolved, says Foxconn] Foxconn, Apple, Xiaomi Hit Hard as Indian Customs Delay Clearing Chinese Imports
[Update: Issues Resolved, says Foxconn] Foxconn, Apple, Xiaomi Hit Hard as Indian Customs Delay Clearing Chinese Imports WithIndo-China tensionscontinuing to rise, businesses are starting to feel the heat. After59 popular Chinese apps were bannedby New Delhi this week, reports suggest that India’s additional scrutiny of imports from China is now disrupting operations of a number of companies. Foxconnreportedly is one such firm that is affected by the current situation. Other companies are also facing delays as customs officials are refusing to clear imports from China without additional inspection....