By Alanna Petroff @AlannaPetroff May 16, 2014: 8:14 AM ET
ONDON (CNNMoney)
Foxconn has temporarily shuttered a factory in Vietnam after violent anti-China protests hit the nation.
The Vietnamese protesters are angry about China’s deployment of an oil rig into waters that both countries claim as sovereign territory.
Protesters were torching factories in a southern Vietnamese industrial park this week, with reports saying that Chinese firms were targeted but other foreign-owned businesses also suffered damage.
Foxconn, a Taiwanese electronics manufacturer best known for producing Apple (AAPL, Fortune 500) iPhones and iPads, confirmed that it would shut operations for the next three days.
“Foxconn has taken measures to ensure the safety of our employees following recent developments in Vietnam,” the company said in a statement.
Related: Protesters torch factories in southern Vietnam
Read more: http://money.cnn.com/2014/05/16/technology/foxconn-vietnam-china/index.html
