Foxconn, China’s second-largest electronics manufacturer, is closing its plant in Wuhan, shutting it down for good in late December, the company announced Tuesday.
Foxconn is shutting down in early 2019.
The news came on the heels of an Associated Press report that revealed the company was laying off workers at plants in India, Vietnam, and India, in addition to the U.S. and China.
Fox’s layoffs have caused some concern among its Chinese customers, which are also likely to see some job losses in the U to 2019.
Fox announced it will invest $200 million in India to invest in jobs and technology, and the company will spend $200m in Vietnam to invest on the country’s infrastructure.
Fox said in a statement that the company is focusing on its “core products and the manufacturing process,” and that its employees will be able to return to work after the end of 2020.
It is not clear how much of the Foxconn jobs that will be lost will be at the plant, which is located in the southern city of Wuhuan.
Fox had planned to keep some factory workers on the payroll through the end