Saturday, November 26, 2022

Foxconn unrest risks iPhone shipments, weighs on Apple shares

Following Wednesday's escalation that saw workers clash with security personnel, Foxconn could now see more than 30% of the site's November production affected, up from an internal estimate of up to 30% when the labour issues erupted in late October, the source said. The world's largest Apple iPhone factory has been grappling with strict COVID-19 restrictions.

from Gadgets Now https://ift.tt/WPGY5s1

No comments:

Post a Comment

Global electric wheels take turn on to Indian roads

Global EV manufacturers, including BYD and Tesla, are shifting focus to India, anticipating growth in its nascent electric vehicle market. T...