The worldwide supply of the popular iPhone may be short in next month. Due to restrictions imposed by Corona, production at Foxconn’s large factory in China, which does contract manufacturing for Apple, could drop by about 30 percent. However, Foxconn plans to ramp up production at another of its factories in the city of Shenzhen.
This information has been given in a Reuters report quoting a source with knowledge of the matter. Foxconn told Reuters Told It is learned that efforts are being made to bring the situation under control and preparations are being made to increase production at other plants of the firm. Apple did not respond to queries sent by Reuters about this. Foxconn’s stock fell nearly 1.9 percent on Monday, despite a rise in the stock market. Foxconn’s factory in Zhengzhou accounts for a major share of the total production of the iPhone. There are lakhs of workers in this factory.
Apple also produces the iPhone in China and India. The company has started manufacturing some models of its new iPhone 14 series in India. This is being seen as part of the company’s plan to reduce manufacturing in China. Corona cases are increasing again in China. On this control For this, the government has imposed lockdown in many cities. Under China’s President Xi Jinping Zero Kovid Policy, strict measures are being taken to deal with the epidemic.
The Chinese government has asked more than eight lakh people not to come out in one district of Wuhan. About 25 new cases of corona are reported per day in Wuhan. Earlier this month, Jinping had indicated that there would be no relaxation in the zero covid policy. He said that this is the fight of the people to stop the virus from spreading. At the beginning of last week, restrictions were imposed in about 28 cities of China with lockdown. This has affected some 207 million people in areas that account for about a quarter of China’s GDP.
(This news has not been edited by digitnews team. It has been published directly from Syndicate feed.)