World's largest iPhone assembly plant under new Covid lockdown in China - CNBC

An concern parkland successful China that is location to the world's largest assembly works for Apple's iPhones has been ordered to implicit a seven-day Covid lockdown, according to a report by Reuters.

The lockdown comes arsenic Apple works to conscionable the request for immoderate of its caller iPhones, which launched successful September. Apple CEO Tim Cook, speaking to CNBC astir the company's fiscal Q4 earnings connected Oct. 27, said that the company's high-end iPhone 14 Pro phones stay proviso constrained.

The Zhengzhou Airport Economy Zone, located successful cardinal China's Henan province, is imposing "silent absorption measures," the study said. Residents are not allowed to spell retired and lone approved vehicles are allowed connected the roadworthy until the restrictions easiness connected Nov. 9.

Shares of Apple were down astir 1% successful premarket trading.

The mill successful Zhengzhou is owned by Foxconn, Apple's largest iPhone supplier. Last week, Foxconn said that its mill successful Zhengzhou was hit with a tiny Covid outbreak.

A spokesperson for the Taiwanese firm, officially known arsenic Hon Hai Technology Group, told CNBC that cognition and accumulation astatine its Zhengzhou installation are "relatively unchangeable with wellness and information measures for employees being maintained."

An Apple typical did not instantly respond to requests for comment.

Zhengzhou has been battling a caller question of Covid. The metropolis has locked down immoderate districts arsenic China pushes up with its zero-Covid policy, utilizing investigating and lockdowns to effort and tackle the virus.

The lockdown marks a retightening of measures successful the portion aft Zhengzhou unexpectedly lifted immoderate restrictions connected Tuesday, the study said. The metropolis reported 358 Covid cases connected Tuesday, up from 95 connected Monday.

Earlier this month, Foxconn implemented microorganism prevention measures specified arsenic requiring employees to person a Covid trial wrong 24 hours of them entering the Zhengzhou premises and urged them to get vaccinated.

Apple inactive relies heavy connected China for the bulk of its iPhone production, but the tech elephantine has been diversifiying its proviso chain.

The institution announced successful September that it is assembling its flagship iPhone 14 successful India successful an effort to displacement immoderate accumulation distant from China, for example.

--CNBC's Arjun Kharpal contributed to this report.