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
-
EPA says lead-based paints are dangerous to health, calls for safer alternatives
46 minutes -
Queenmother calls on President-elect Mahama to appoint more women in his government
3 hours -
Atletico Madrid beat Barcelona to go top of La Liga
3 hours -
Usyk breaks Fury’s heart with points win in rematch
3 hours -
Ghana-Russia Centre to run Russian language courses in Ghana
9 hours -
The Hidden Costs of Hunger: How food insecurity undermines mental and physical health in the U.S.
9 hours -
18plus4NDC marks 3rd anniversary with victory celebration in Accra
12 hours -
CREMA workshop highlights collaborative efforts to sustain Akata Lagoon
12 hours -
2024/25 Ghana League: Heart of Lions remain top with win over Basake Holy Stars
13 hours -
Black Queens: Nora Hauptle shares cryptic WAFCON preparation message amid future uncertainty
13 hours -
Re-declaration of parliamentary results affront to our democracy – Joyce Bawah
14 hours -
GPL 2024/25: Vision FC score late to deny Young Apostles third home win
14 hours -
Enhancing community initiatives for coastal resilience: Insights from Keta Lagoon Complex Ramsar Site Workshop
14 hours -
Family Health University College earns a Presidential Charter
14 hours -
GPL 2024/25: Bibiani GoldStars beat Nsoatreman to keep title race alive
14 hours