iPhone Production Hit Amid China's Covid Lockdown
NDTV
Foxconn, Apple's principal subcontractor, locked down its massive factory in Zhengzhou last month after a spike in infections -- in line with China's zero-Covid policy.
Apple warned customers would face longer wait times for iPhones with the holiday season approaching, after Covid restrictions in central China "temporarily impacted" production at the world's largest factory producing the smartphone.
Foxconn, Apple's principal subcontractor, locked down its massive factory in Zhengzhou last month after a spike in infections -- in line with China's zero-Covid policy.
In a separate statement Monday, the Taiwanese firm said its fourth-quarter earnings this year would take a hit from the coronavirus lockdowns.
Panicking workers last week had fled the site on foot in the wake of allegations of poor conditions at the facility, which employs hundreds of thousands of workers.
