Apple iPhone China production catching up to demand - WSJ By Investing.com - Investing.com

© Reuters. Apple (AAPL) iPhone China accumulation catching up to request — WSJ

By Sam Boughedda 

The Wall Street Journal reported Thursday that Apple's (NASDAQ:) iPhone accumulation successful China is opening to drawback up contempt the COVID-19 outbreaks successful the country.

Apple shares person gained much than 3% connected Thursday astatine the clip of writing.

Despite COVID-19 cases surging successful China recently, the state has started easing restrictions, dialing backmost its zero-COVID policy. While COVID-19-related headwinds are inactive hampering manufacturing of Apple's iPhone successful China, the WSJ, citing analysts and radical progressive successful the proviso chain, stated that accumulation is opening to drawback up to request for the more-expensive Pro models.

With China lifting astir of its restrictions, the study states the main contented for factories present is idiosyncratic health, with astatine slightest tens of millions of radical successful the state believed to person caught the coronavirus.

However, immoderate of those affected person continued to enactment arsenic it is hard to cognize who has the microorganism with wide investigating stopped.

The WSJ said its sources told them that portion the concern is acold from normal, it is astatine slightest amended than during the Foxconn idiosyncratic clashes successful November.