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Apple says iPhone production hit by China Covid lockdown

Apple says iPhone production hit by China Covid lockdown

13 Sept 14:45 Key points summarised by AI
  • Apple warned customers to expect longer wait times for iPhone 14 Pro and Pro Max models due to production impacts.
  • Foxconn's Zhengzhou factory, the world's largest iPhone assembly plant, is operating at significantly reduced capacity following China's Covid restrictions and a worker exodus.
  • The ongoing 'zero-Covid' policy in China is severely affecting Apple's supply chain and is expected to hit Foxconn's fourth-quarter earnings.
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