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Output of Apple iPhones at major China plant could fall 30% amid COVID curbs -source

13 Sept 13:40 Key points summarised by AI

Apple iPhone production at Foxconn's main Zhengzhou plant could slump by up to 30% next month due to China's stringent COVID-19 restrictions.
The potential decline stems from widespread worker discontent and departures from the plant over strict anti-COVID measures, despite its 200,000-strong workforce.
Foxconn is actively working to mitigate the impact by boosting production at other facilities, including its factory in Shenzhen city.
This production disruption occurs during a crucial period for Apple, ahead of the peak year-end holiday shopping season.

Today 12:56 Key points summarised by AI

President Macron condemned widespread rioting and looting during nationwide protests, blaming far-left activists and criminals for the "unrestrained violence" and vowing accountability for those who "sought to bring down the Republic."
Over 2,400 arrests were made as protests against rising living costs and poor school conditions escalated, causing extensive damage to public buildings and businesses in cities like Paris, Limoges (where City Hall burned), Marseille, and Lyon.
The unrest, which organizers hoped would revive the "yellow vest" movement, saw political leaders trade blame, with Macron instructing prefects to protect public buildings and potentially ban future protests to prevent further disorder.