China trade figures released on Monday showed its imports and exports contracted unexpectedly in October.
It the first slump since May 2020. Outbound shipments for the month dropped 0.3% from a year earlier which is in stark contrast to a 5.7% gain in September. It was the worst performance since May 2020.
The country reported 5,643 new Covid infections on Sunday, its highest daily tally in six months. Zhengzhou, where the Foxconn factory is located, is the capital of Henan province in central China and is home to about 10 million people. It recorded 3,683 cases and 22 deaths on Monday.
Cases were also detected inside the factory, prompting a sudden shutdown that led to workers fleeing the premises.
On Monday, the company started a recruitment drive at its Zhengzhou plant. It is offering workers who left the plant between 10 October and 5 November a one-time bonus of 500 yuan (US$69, GBP£60.88) if they return to work.
It is also offering a pay increase of 30 yuan an hour, according to a statement posted on its recruitment WeChat account.
Foxconn, the world's largest contract electronic maker, has revised down its fourth quarter outlook due to China's Covid control measures.
The fourth quarter is usually a busy time for the tech company as demand for electronics rises ahead of the year-end holiday season in the West.
The Taiwan-based company said they are working with the Henan provincial government "to stamp out the pandemic and resume production to its full capacity as quickly as possible".
Foxconn, formally known as Hon Hai Precision Industry, accounts for 70% of iPhone shipments globally.
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