Audio By Carbonatix
The production of Apple’s iPhone 14 is under threat as China has imposed a seven-day lockdown in the area around Foxconn Technology Group, the company responsible for producing 70% of iPhone shipments globally.
The lockdown, according to Bloomberg, comes during a critical period for Apple, which launched the iPhone 14 during a historically low point in global demand for electronics.
The business has abandoned plans to raise manufacturing of its new iPhones this year, despite doing better than phone manufacturers since the anticipated rise in demand did not occur.
According to Counterpoint Senior Analyst Ivan Lam, Foxconn's Zhengzhou facility produces more than 85% of the iPhone 14 Pro's capacity and is responsible for 80% of the iPhone 14 series production.
Any disturbance there, according to experts, may tangle Apple's carefully planned supply chain.
This is due to the fact that tens of thousands of components are delivered from Europe to Asia, assembled by hand into gadgets, and then transported to the rest of the globe through Zhengzhou.
Currently, vehicles are not allowed to operate except for those carrying necessities.
Although the lockdown will last until November 9, Foxconn has sought to mitigate the potential disruption by raising wages and arranging for backup from its other Chinese plants should assembly lines stall in Zhengzhou.
Latest Stories
-
‘There is no way Bawumia will not win NPP presidential primaries’—Opare-Ansah
3 minutes -
NPP PC’s endorsement an attempt to whitewash Bawumia’s election record – Kennedy Agyapong camp
6 minutes -
Ghanaian dad in New York randomly stabbed to death by career criminal in savage attack
16 minutes -
Bawumia’s endorsement by 118 NPP PC’s demonstrates failed and weak campaign – Kwasi Kwarteng
24 minutes -
Sissala East MP urges youth to reduce drug use as challenge grows in the area
36 minutes -
Sissala East MP commends Mahama as ‘Big Push’ initiative takes shape
46 minutes -
Vote number 3 and win with Bawumia – Trobu MP urges NPP delegates
56 minutes -
Grassroots hold the sovereignty – Kennedy Agyapong’s team brushes off Bawumia endorsements
1 hour -
Mahama calls for reorientation of security personnel to protect journalists
2 hours -
NPP primary: I’m not sure Bawumia would contest again if… – Nana Akomea
2 hours -
Ghana can explore diplomatic deportation option – Kpebu on Ofori-Atta’s U.S detention
2 hours -
Ken’s camp unfazed by endorsement of Bawumia by 118 NPP parliamentary candidates – Kwasi Kwarteng
2 hours -
Tragic collision in Bia West District claims seven lives
2 hours -
Ofori-Atta’s lawyers say OSP, AG have not contacted them following US detention
2 hours -
ICAG loses GTEC accreditation following CEO’s defiance over “Dr” title
2 hours
