Apple shares surge as Chinese factories accelerate post-coronavirus restarts

Following a report that Foxconn’s iPhone assembly plants will speed up their return to normal production, Apple shares surged with the company gaining some $18 billion in market value on Wednesday. The factories were closed for weeks in China due to a coronavirus-related shutdown, but Foxconn now expects to reach 50% output by the end of February, and 80% in March, Reuters reported.Ben Winck for Business Insider:“Shipments will be affected, but it’s too early to give an exact n