Imports to India by key Apple supplier Foxconn have been slowed as a result of escalating tensions between the country and China. Reuters reported that Apple is amongst the companies seeking to free its shipments.
Customs officers at Indian ports have held back shipments from China and sought additional clearances after deadly clashes at the disputed Himalayan border last month. The checks have been imposed without any formal order. While several companies such as Apple (AAPL.O) and Dell (DELL.N) have been battling to free stuck shipments, hundreds of employees at Taiwanese contract manufacturer Foxconn’s two plants in the south had no major work to do this week as shipments were delayed, sources said.
Check It Out: Foxconn Imports Disrupted by India-China Tensions