The latest Canalys data reveals that the worldwide PC market decline continued in Q2 2023, albeit at a slower rate than the prior two…
Tag: Zero-COVID
Apple CEO Tim Cook meets with China’s commerce minister
Apple CEO Tim Cook met with China’s minister of commerce, Wang Wentao, to discuss China’s reopening and broader supply chain…
Apple Watch Series 7, 8, and Ultra models power growth in China smartwatch market
Huawei and Apple dominated the China smartwatch market in 2022, with their combined share rising to almost 50%. Only OPPO…
Major Apple assembler Foxconn ramps up investment outside China
Foxconn, which assembles around 70% of Apple’s iPhones, has been diversifying production away from CCP-controlled China, whose…
Apple supplier Goertek says VP exiting just days after he sounded alarm on communist China supply chain exodus
One of Apple’s largest acoustic products suppliers, Goertek, on Wednesday said its vice-president Kazuyoshi Yoshinaga is leaving the company…
Better late than never: Apple suppliers race to exit China
Apple suppliers are likely to move capacity out of China far faster than many observers anticipate to pre-empt fallout from…
Foxconn chairman to visit ‘iPhone City’ plant disrupted by CCP COVID restrictions late last year in China
Foxconn’s “iPhone City” campus was hit late last year by the CCP’s “zero COVID” lockdowns and restrictions that prompted thousands…
Apple set to post rare revenue drop on China supply issues
Apple is expected by analysts to report its first decline in quarterly revenue in nearly four years after the Chinese Communist Party…
Apple supplier Foxconn replaces iPhone assembly chief
Major Apple assembler Foxconn Technology Group has replaced the chief of its iPhone assembly business after a tumultuous year in China…
Apple’s iPhone exports from India more than double, surpass $2.5 billion
Apple exported iPhones worth more than $2.5 billion from India from April to December 2022, nearly twice the entire previous…
Apple stock price hits lowest since June 2021
Apple’s stock price closed at its lowest level since June 2021 on Tuesday, amid an ongoing selloff of big-tech stocks amplified by concerns…
Strong recovery for Apple iPhone 14 Pro and iPhone Pro Max expected in January
DSCC’s Naranjo expects a strong recovery for Apple’s iPhone 14 Pro and iPhone Pro Max in January. iPhone 14 Pro…
Gene Munster: Apple iPhone 14 Pro pain in December will be March’s gain
On November 6th, Apple announced that China’s quixotic “Zero COVID” lockdowns were impacting its iPhone 14 Pro and iPhone 14 Pro Max…
CCP releases all ‘high-risk’ COVID zones from lockdown in China
The Chinese Communist Party (CCP) has slashed the number of locations deemed “high risk” COVID zones inChina, re-opening locked down…
TSMC revenue surges 50% in November despite quixotic ‘Zero COVID’ lockdowns
Taiwan Semiconductor Manufacturing Co. (TSMC) reported a 50% increase in November sales, a month challenged by the CCP’s quixotic…
Apple assembler Foxconn, widespread protests pushed China to ease ‘Zero COVID’ curbs
A letter from the founder of Foxconn, the world’s largest iPhone assembler, played a major role in persuading China’s Communist Party…
Major Apple assembler Foxconn’s China ‘iPhone City’ lifts ‘closed-loop’ COVID restrictions
Major Apple assembler Foxconn’s COVID-hit Zhengzhou facility in China lifted its “closed-loop” COVID restrictons on Thursday…
Chinese Communist Party starts dismantling ‘Zero COVID’ policy after widespread insurrection across China
For years now, Chinese President Xi Jinping’s government insisted that his “Zero COVID” policy would “stand the test of history,” and…
Stock futures fall on growing recession fears
U.S. stock index futures fell on Wednesday after warnings of a looming recession from major Wall Street bankers offset any optimism…
Chinese Communist Party set to ease ‘Zero COVID’ lockdowns and restrictions
The Chinese Communist Party is set to announce the easing of some of its quixotic “Zero COVID” lockdowns and restrictions as early as Wed…
Apple looks to diversify some iPad production from China to India
Apple is speaking with Indian officials about relocating some iPad manufacturing in the country as U.S.-Chinese relations sour and the CCP’s…
Foxconn sees China iPhone plant beset by CCP ‘Zero COVID’ restrictions back at full output within weeks
Apple assembler Foxconn expects its “iPhone City” assembly campus in Zhengzhou, China which has repeatedly been beset by the CCP’s…
Better late than never: Apple accelerates plans to move production out of China
In recent weeks, Apple has accelerated plans to shift some of its production outside China, long the dominant country in the company’s supply…
China’s CCP caves on ‘Zero COVID’ nonsense after protests; softens tone on COVID severity
The Chinese Communist Party has caved and is now softening its stance regarding the severity of COVID-19 and has begun the process…
Piper Sandler cuts estimates for Apple’s December quarter over CCP ‘Zero COVID’ crackdowns
Piper Sandler analysts on Thursday cut their estimates on revenue and iPhone sales Apple’s December quarter (fiscal Q123), as the CCP…
Analyst: Apple’s stock price won’t feel the full impact of China’s COVID production lockdowns
In China, the city of Zhengzhou – home to the world’s largest iPhone assembly factory – has lifted its quixotic “Zero COVID” lockdown…
Apple shares fall after analyst warns China COVID protests could drop iPhone shipments by 20%
After TFI Asset Management analyst Ming-Chi Kuo on Tuesday slashed his iPhone shipment estimates citing protests in China, Apple shares …
iPhone assembler Foxconn dangles big bonuses to entice workers amid CCP’s ‘Zero COVID’ lockdowns
Apple’s main iPhone assembler Foxconn is offering big bonuses to entice workers back to its Zhengzhou, China factory after the CCP…
Chinese workers rebel against CCP’s quixotic COVID lockdowns; iPhone production hit estimated at 6 million
On November 23rd, Chinese workers rebelled against security personnel in white protective clothing at the “iPhone City” factory compound…
iPhone 14 Pro customers face protracted shortages
Many shoppers looking for Apple’s latest high-end iPhone 14 Pro and flagship iPhone 14 Pro Max returned empty handed from its stores…
Apple’s iPhone Pro and iPhone 14 Pro Max sold out until January
If you waited until now to get your an Apple iPhone 14 Pro or flagship iPhone 14 Pro Max before the end of the year, you waited too long…
Wedbush maintains Outperform rating and $200 price target on Apple
Wedbush Managing Director and Senior Equity Research Analyst Daniel Ives on Wednesday maintains an “Outperform” rating and $200 target…
CCP’s Xi Jinping gives up the ghost on China’s ‘Zero COVID’ pipe dream
Chinese President Xi Jinping has decided this week to entertain some measure of reality and do away with the CCP’s authoritarian approach…
Apple assembler Foxconn records 5% rise in Q3 profit, foresees flattish Q4
Apple iPhone assembler Foxconn said on Thursday it expected flattish revenue in the fourth quarter, as the company grapples with CCP COVID…
Apple shares rise even as analysts tweak estimates over China-related iPhone 14 Pro issue
The price of Apple shares rose on Tuesday despite investment firms Morgan Stanley and UBS tweaking estimates related to the impact…
Analyst sees silver lining in Apple’s iPhone 14 Pro supply issue; maintains $200 price target
In a statement released on Sunday, Apple warned that it expects lower than anticipated shipments of iPhone 14 Pro and iPhone 14 Pro Max…
CCP’s ‘Zero COVID’ policy hits vulnerable China-dependent Apple
Apple warned that it expects lower than anticipated shipments of iPhone 14 Pro and iPhone 14 Pro Max than previously anticipated following…
Apple warns: Due to China’s COVID lockdowns, expect lower iPhone 14 Pro and Pro Max shipments previously anticipated
Apple expects lower than anticipated shipments of iPhone 14 Pro and iPhone 14 Pro Max than previously anticipated following a significant…
Apple adds Pegatron as new iPhone 14 supplier in India
Apple contract manufacturer Pegatron, which is based in Taiwan, has begun assembling the company’s latest iPhone 14 model in India, just…
Apple powers Taiwan export orders back to growth in August
Taiwan’s export orders expanded in August – unexpectedly to analysts – on strong demand for technology and new consumer electronics…
Apple assembler BYD to start iPad production in Vietnam this month
Apple assembler BYD plans to begin commercial production of iPads this month in Vietnam after a trial run started in May, a provincial…
Apple to move some iPad production out of China for first time due to CCP’s quixotic ‘zero-COVID’ crusade
Apple is moving iPad production out of China for the first time in history and the Chinese Communist Party’s quixotic “zero-COVID” crusade…
