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Tag: COVID lockdowns

Analyst: Apple’s stock price won’t feel the full impact of China’s COVID production lockdowns

Wednesday, November 30, 2022 12:35 pmNo Comments

In China, the city of Zhengzhou – home to the world’s largest iPhone assembly factory – has lifted its quixotic “Zero COVID” lockdown…

Foxconn is paying Chinese workers unhappy over COVID restrictions $1,400 to leave

Friday, November 25, 2022 10:52 amFriday, November 25, 202212 Comments

Workers protesting yet another futile round of the CCP’s quixotic “Zero COVID” lockdowns at Foxconn’s “iPhone City” assembly campus…

Foxconn iPhone factory workers clash with police at COVID-restricted plant in China

Wednesday, November 23, 2022 9:54 am3 Comments

Foxconn workers at the world’s biggest iPhone assembly plant clashed with police after protests erupted at the factory in central China…

Apple assembler Foxconn offers bonuses to lure back workers who fled over CCP COVID lockdowns

Tuesday, November 8, 2022 3:03 pm2 Comments

Apple supplier Foxconn is hoping to lure workers back to its biggest manufacturing plant in Zhengzhou, China, by offering one-time 500 Yuan…

Apple shares rise even as analysts tweak estimates over China-related iPhone 14 Pro issue

Tuesday, November 8, 2022 8:57 amNo Comments

The price of Apple shares rose on Tuesday despite investment firms Morgan Stanley and UBS tweaking estimates related to the impact…

Apple’s China engineers keep products flowing amid CCP’s draconian COVID lockdowns

Monday, May 9, 2022 10:35 amNo Comments

Prior to the CCP’s various responses to COVID, Apple sent hundreds of U.S. engineers each month to China to oversee the contract…

Apple’s supply chain issues might not be that bad, Wall Street says

Friday, April 29, 2022 11:32 amNo Comments

Analysts say Apple’s supply crunch looks to be only temporary, occurring during Apple’s slower time of the year, and the company’s…

Apple supplier Unimicron says operations have partially resumed in Kunshan, China

Thursday, April 21, 2022 8:48 amNo Comments

Taiwan’s Unimicron Technology Corp. said on Thursday that, of its two plants in eastern China’s Kunshan, one would remain closed…

Apple assembler Foxconn partially resumes production in Shenzhen after COVID disruption

Wednesday, March 16, 2022 8:58 amNo Comments

Taiwan-headquartered Apple assembler Foxconn has partially resumed production on campuses that include both employee housing and…

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