Apple Warns Of Lower IPhone Shipments Due To Chinese Covid Restrictions - NDTV

Apple Inc connected Sunday said it expects little iPhone 14 Pro and iPhone Pro Max shipments than antecedently anticipated arsenic COVID-19 restrictions temporarily disrupt accumulation astatine an assembly installation successful Zhengzhou, China.

"The installation is presently operating astatine importantly reduced capacity," the iPhone shaper said successful a statement. "Customers volition acquisition longer hold times to person their caller products," it added.

Reuters past period reported that accumulation of Apple's iPhones could slump by arsenic overmuch arsenic 30% astatine 1 of the world's biggest factories adjacent period owed to tightening COVID curbs successful China.

Its main Zhengzhou works successful cardinal China, which employs astir 200,000 people, has been rocked by discontent implicit stringent measures to curb the dispersed of COVID-19, with galore workers fleeing the site.

Separately, Taiwan's Foxconn, Apple Inc's biggest iPhone maker, said connected Monday it was moving to resume afloat accumulation astatine a large works successful Zhengzhou that had been deed by COVID-19 curbs, and revised down its 4th fourth outlook.

The interaction connected accumulation comes amid a traditionally engaged clip for electronics makers up of the year-end vacation season, which is besides a premier clip for vendors of user goods similar Apple.

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