Apple expects iPhone 14 shipments to be affected by China’s COVID restrictions

Apple expects iPhone 14 shipments to be affected by China’s COVID restrictions

Apple has said shipments of its latest lineup of iPhones will be “temporarily affected” by COVID restrictions in China. reduced capacity,” due to COVID restrictions. “We continue to see strong demand for the iPhone 14 Pro and iPhone 14 Pro Max models,” the tech giant said. However, the company expects lower shipments for those models than ” previously anticipated and customers will experience longer wait times to receive their new products,” Apple added. Run by Foxconn, one of Apple’s largest suppliers, the facility in Zhengzhou has been struggling since mid-October with an outbreak of COVID which has caused panic among its migrant workers. Authorities last week imposed a seven-day lockdown in the area that houses the factory. The lockdown is putting enormous pressure on Foxconn and Apple just before the key buying season begins and highlights how China’s strict zero-COVID policy is hurting international business.In recent weeks, major Chinese companies And global markets, from automakers to tech giants, have experienced major disruptions to their business as the world’s second-largest economy doubles down on its zero-COVID approach. Things may not get better anytime soon. China’s state council reiterated its unwavering commitment to the nation’s zero-COVID policy during a press conference on Saturday, despite rumors that the government may relax pandemic restrictions and reduce quarantine days. the global economic downturn better than other tech giants. Last month, the company beat Wall Street analysts’ sales and revenue expectations for the quarter ending in September.

Apple has said shipments of its latest line of iPhones will be “temporarily affected” by COVID Restrictions in China.

In a statement on Sunday, the company said its assembly plant located in the central Chinese city of Zhengzhou is “currently operating at significantly reduced capacity” due to COVID restrictions.

“We continue to see strong demand for the iPhone 14 Pro and iPhone 14 Pro Max models,” the tech giant said. However, the company expects lower shipments for those models than “previously anticipated and customers will experience longer wait times to receive their new products,” Apple added.

Run by Foxconn, one of Apple’s biggest suppliers, the facility in Zhengzhou has been dealing since mid-October with a COVID outbreak that has caused panic among its migrant workers. Last week, authorities imposed a seven-day closure on the area that houses the factory.

The lockdown is putting enormous pressure on Foxconn and Apple just before the key Christmas shopping season kicks off and highlights how China’s strict zero-COVID policy is hurting international business.

In recent weeks, major global and Chinese companies: from automakers to tech giants — have experienced major disruptions to their business as the world’s second-largest economy doubles down on its zero-COVID approach.

Things may not get better anytime soon. China’s state council reiterated its unwavering commitment to the nation’s zero-COVID policy during a press conference on Saturday, despite rumors that the government may relax pandemic restrictions and reduce quarantine days.

While Apple has become the latest victim of China’s COVID restrictions, it is weather the global economic downturn better than other tech giants. Last month the company beat the wall street analysts sales and revenue expectations for the quarter ending in September.

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