$Apple(AAPL)$Apple flags hit t

2022-11-07

$Apple(AAPL)$Apple flags hit to iPhone shipments from Chinese Covid-19 disruptions

APPLE Inc on Sunday said it expects lower iPhone 14 Pro and iPhone Pro Max shipments than previously anticipated as Covid-19 restrictions temporarily disrupt production at an assembly facility in Zhengzhou, China.

“The facility is currently operating at significantly reduced capacity,” the iPhone maker said in a statement. “Customers will experience longer wait times to receive their new products,” it further added.

Reuters last month reported that production of Apple’s iPhones could slump by as much as 30 per cent at one of the world’s biggest factories next month due to tightening Covid-19 curbs in China.

Separately, Taiwan’s Foxconn, Apple’s biggest iPhone maker, said on Monday it was working to resume full production at a major plant in China’s Zhengzhou that had been hit by Covid-19 curbs, and revised down its fourth quarter outlook. REUTERS

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Comments

我i168
2022-11-07
我i168
[Smile]
Jia Wei Lee
2022-11-07
Jia Wei Lee
👍
HHLim
2022-11-07
HHLim
Ok
Derrick_1234
2022-11-07
Derrick_1234
Ok
gstrader
2022-11-07
gstrader
nice

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