iphone china factory

Apple supplier Foxconn’s founder Terry Gou pushed China to ease COVID curbs – WSJ

10Dec

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Technology

Apple supplier Foxconn’s founder Terry Gou pushed China to ease COVID curbs – WSJ

[ad_1] Apple supplier Foxconn's founder Terry Gou had warned China that the government's zero-COVID stance would threaten the position of the world's second-largest economy. Apple supplier Foxconn's founder Terry Gou had warned China that the government's zero-COVID stance would threaten the position of the world's second-largest economy in the global supply chain, the Wall Street Journal reported. The appeal, sent by Gou in a letter more than a month ago, played a major role in convincing China's leadership to quickly reopen the economy and move away from its zero-tolerance COVID-19 policy, the report said on Thursday, citing people familiar with the matter. Gou's office said in a statement that it "sternly denies" the facts in the report. Foxconn, which is the biggest assembler...

China widens COVID curbs, Apple factory unrest adds to economy worries

23Nov

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Technology

China widens COVID curbs, Apple factory unrest adds to economy worries

[ad_1] Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors' worries about the economy. Chinese authorities imposed more restrictions on Wednesday to rein in a rapid rise in COVID-19 infections, adding to investors' worries about the economy just as fresh unrest at the world's largest iPhone factory highlighted the social and financial toll of these curbs.Across China, cities including the capital Beijing and financial hub Shanghai have closed malls and parks, and imposed limits on the movement of people arriving from elsewhere as infections neared record highs last seen in April. The measures are darkening the outlook for the world's second-largest economy and dampening hopes that China would significantly ease...

Shock move! China calls on retired soldiers to help Foxconn iPhone plant -SSN

17Nov

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Technology

Shock move! China calls on retired soldiers to help Foxconn iPhone plant -SSN

[ad_1] Local authorities in China's Henan province are urging retired soldiers and government workers to take on stints at Foxconn's iPhone factory in Zhengzhou, the official Shanghai Securities News reported on Tuesday. The plant, the world's largest iPhone manufacturing facility, has been hit by discontent over government mandated measures to curb the spread of COVID-19, which required the company to isolate many workers but also prompted many others to flee in recent weeks. The calls to retired workers have come from authorities in cities such as Jiyuan and Kaifeng, who are saying that those who take up the offer will be eligible to receive their current salary plus wages and bonuses from the factory, the publication said in a piece on its official WeChat account. In Jiyuan, for e...

Apple iPhone 14 hit by COVID curbs in China

7Nov

By adminNo Comments

Technology

Apple iPhone 14 hit by COVID curbs in China

[ad_1] Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China. Apple Inc expects lower shipments of premium iPhone 14 models than previously anticipated following a significant production cut at a virus-blighted plant in China, dampening its sales outlook for the busy year-end holiday season.Demand for high-end smartphones assembled at Foxconn's Zhengzhou plant has helped Apple remain a bright spot in a technology sector battered by consumer spending cutbacks amid surging inflation and interest rates. But the Cupertino, California-based vendor has fallen victim to China's zero-COVID-19 policy, which has seen global firms including Canada Goose Holdings Inc and Estee Lauder Comp...