The main parts of the Zhengzhou, China, facility that produce iPhones have recovered somewhat and are operating at about 70% capacity after weeks of Covid staff issues
Production at the world’s biggest iPhone factory – Foxconn’s site in Zhengzhou, China – has been disrupted by protests, quarantines and a worker exodus. Here’s how the chaos erupted and what it means for Apple’s latest smartphones. Photo: AFP/Getty Images/Bloomberg NewsCovid-19 issues in China are still hampering manufacturing of Apple Inc.’s iPhone, but production is beginning to catch up to demand for the more-expensive Pro models, according to analysts and people involved in the supply chain.
Models such as the iPhone 14 Pro Max, which starts at about $1,100, are integral to Apple’s strategy of increasing revenue when growth in the overall global smartphone market . That strategy took a hit in October when Covid-19 outbreaks hit the main manufacturing base for iPhone Pro models, operated by Foxconn Technology Group in the central Chinese city of Zhengzhou.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Futures climb as China eases COVID curbsU.S. stock index futures rose on Tuesday after China further relaxed its COVID-19 curbs, fuelling hopes of a recovery in the world's second largest economy.
Read more »
China will end quarantines for travelers soon despite COVID spikeAlthough China has stopped publishing daily COVID data, cases are reportedly escalating in some Chinese cities, including Beijing.
Read more »
China starts to open borders, sparking hope for ‘zero-covid’ shutoutsChina will relax its infamously strict coronavirus restrictions for entry into the country starting Jan. 8, according to a lengthy list of new policies issued Monday by its National Health Commission.
Read more »
Covid in China: People rush to book travel as borders finally reopenBut Chinese tourists will not have unfettered access to all countries - as some impose restrictions.
Read more »
U.S. listed Chinese stocks rise as China eases COVID-19 lockdown restrictionsShares of Alibaba Group and Baidu gain as China plans to end COVID-19 quarantines for foreigners as a way to stoke economic activity.
Read more »