China lifts lockdown on Foxconn's iPhone plant in Zhengzhou
The latest COVID lockdown affecting iPhone manufacturer Foxconn has been lifted, following rioting by residents and workers.
The latest COVID lockdown affecting iPhone manufacturer Foxconn has been lifted, following rioting by residents and workers.
Under pressure to keep up with iPhone production, Apple's lead manufacturer Foxconn, is offering bonuses of around $1,672 to workers who return to the plant.
Lead times for the iPhone 14 Pro orders have moderated slightly outside of China, but the ongoing COVID-related labor problems at the main iPhone factory are still a problem.
Following riots over pay, Apple's main iPhone manufacturer Foxconn has now offered $1,400 to protesters, conditional on resignation.
Samsung will supply RAM for iPhones intended for the Chinese market, instead of local supplier YMTC, as Apple continues to bow to pressure from the US.
With workers fleeing conditions at the Zhengzhou iPhone plant, and new recruitment falling far behind needs, Chinese state media says Foxconn has only two-third of the workforce it needs.
Apple's Chinese iPhone factory misfortunes will certainly impact shipments, says JP Morgan, but the full impact won't be known until the facility returns to normal output.
Foxconn is reportedly planning to greatly increase iPhone in India, quadrupling its workforce over the next two years.
Apple's 10-minute AirDrop setting time limit that it is testing in China will eventually expand to every user.
An unannounced change to AirDrop for users in China means Apple's iOS feature will no longer be as useful to protesters potentially sharing anti-government materials.
Apple's reduction in iPhone 14 production at Foxconn's Zhengzhou factory will hit revenue for the holiday quarter, says Morgan Stanley, but it also presents an opportunity for investors to "buy the dip."
Apple has grown so much in China over the last two years that its regional operating profit far exceeds the country's native tech giants, fueled by extensive diplomatic efforts.
A new report alleges that Foxconn downplayed the severity of its recent COVID-19 outbreak and that its actions led to a stricter lockdown.
Despite COVID-related supply chain issues and Apple warning of lower shipments of the iPhone 14 Pro, Wedbush insists that investors should maintain their holding in Apple.
Apple has finally confirmed that the Foxconn assembly facility in Zhengzhou, China responsible for iPhone 14 Pro production has reduced its output following a regional COVID-19 outbreak.
Analyst Ming-Chi Kuo claims that Foxconn is to step up its iPhone production in India, specifically to overcome delays caused by China's COVID lockdowns.
China has ordered a seven-day lockdown in Zhengzhou, home to a major Foxconn factory, after a COVID-19 outbreak swept through the industrial park.
In the wake of reports of employees fleeing Foxconn's biggest iPhone factory, the assembly partner has significantly raised pay for staff who are choosing to accept the closed-loop measures during a COVID outbreak.
Workers at Foxconn's major iPhone factory in Zhengzhou, China are choosing to leave the facility currently operating as a closed-loop during a COVID outbreak, with social media showing employees traveling home instead of staying.
A COVID-19 outbreak at Foxconn's main iPhone assembly plant has forced it to change plans to seasonally reduce production, postponing the slowdown while it deals with closed-loop production changes.
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