Type to search

China Floods Cut Power to Apple’s Biggest iPhone Maker: WSJ
An aerial view shows cars piled together in floodwater at the entrance of a tunnel after heavy rain hit the city of Zhengzhou in China's Henan province on July 22, 2021. Photo: AFP.

(AF) Production was temporarily halted at Apple’s biggest iPhone assembly site in China as severe floods caused a power outage, the Wall Street Journal reported, citing factory workers.

The three-factory site, owned by Taiwanese tech giant Foxconn in eastern China’s Henan province, was undamaged despite water seeping into some areas, the report added. The factories, which produce more than half of all Apple’s smartphones, gave many workers time off even as the site gears up to begin making this year’s new iPhone models, the report stated. Full story: Wall Street Journal.

Mark McCord

Mark McCord is a financial journalist with more than three decades experience writing and editing at global news wires including Bloomberg and AFP, as well as daily newspapers in Hong Kong, Sydney and Melbourne. He has covered some of the biggest breaking news events in recent years including the Enron scandal, the New York terrorist attacks and the Iraq War. He is based in the UK. You can tweet to Mark at @MarkMcC64371550.

AF China Bond