fbpx

Type to search

China Lockdowns Holding up New iPhones – Nikkei

Development of new iPhones is “falling behind schedule” because restrictions on movement have yet to be fully lifted in Shanghai, Nikkei has reported


Restrictions on movement in China have held up production of new iPhones, a new report says.
Restrictions on movement in China have held up production of new iPhones, a new report says. A woman wearing a face mask walks past an image of an iPhone 13 Pro at an Apple Store in Beijing. Photo: Reuters.

 

The US tech giant Apple warned in late April that lockdowns in Shanghai and other cities to contain the spread of Covid-19 could cut its revenue in China by up to $8 billion in the current quarter. But now, production of new iPhones is also running behind schedule because restrictions on movement have yet to be fully lifted, Nikkei has reported.

Work to make the new iPhones “involves close collaboration between Apple and its suppliers, and must be completed on a tight schedule,” and the group and its suppliers are working around the clock to ensure production targets are met, the report said.

Read the full report: Nikkei Asia.

 

ALSO on AF:

Apple Looks Outside China as Lockdowns Disrupt Output – WSJ

Lockdown Breach Sparks Chaos at Apple, Tesla Supplier Quanta

Apple Grapples for Sales as China Phone Market Shrinks

 

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

logo

AF China Bond