TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsiPhone output at major China plant may fall 30%
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
P
roduction of Apple Inc.’s iPhones could slump by as much as 30 percent in December at one of the world’s biggest factories due to tightening COVID-19 curbs in China, a person with direct knowledge of the matter said on Monday.
Manufacturer Foxconn, formally Hon Hai Precision Industry Co. Ltd., was working to boost production at another factory in the city of Shenzhen to make up for the shortfall, said the person, declining to be identified because the information was private.
Its main Zhengzhou plant in central China, which employs about 200,000 people, has been rocked by discontent over stringent measures to curb the spread of COVID-19, with several workers fleeing the site over the weekend.
The possible impact on production comes amid a traditionally busy time for electronics makers ahead of the year-end holiday season, which is also a prime time for vendors such as Apple.
Foxconn on Sunday said it was bringing the situation under control and would coordinate backup production with other plants to reduce any potential impact. Its share price closed down 1.4 percent on Monday versus a 1.3 percent rise in the broader market.
Apple did not respond to a request for comment.
Foxconn is Apple’s biggest iPhone maker, producing 70 percent of iPhone shipments globally, which in turn makes up 45 percent of the Taiwanese firm’s revenue, according to analysts at Taipei-based Fubon Research this month.
