Factory closure in China significantly slows production of Apple iPhone 14

Factory closure in China significantly slows production of Apple iPhone 14

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Apple has announced that China’s COVID-quarantine measures have shut down a key iPhone assembly plant, significantly limiting its iPhone 14 Pro and iPhone 14 Pro Max production capabilities.

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The closure, which is expected to last until November 9, has taken a Foxconn assembly facility in Zhenzhou, China offline. The affected plant employs about 200,000 people and produces most of the iPhones; CNN reported that the plant accounted for about 85 percent of iPhone assembly capacity.

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The tech giant warned in a Press release that customers will face delayed shipments and experience longer wait times to receive their new products.

“We are working closely with our supplier to return to normal production levels while ensuring the health and safety of all workers,” the statement read.

The statement did not mention whether other Apple devices, such as MacBooks and Mac desktop computers, have been affected.

According to a report from BloombergApple lowered the iPhone 14 production target from 90 million to 87 million or less, attributing the decision to weaker demand on top of the factory closure.

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Apple’s share price fell 10 percent on Monday after the news, but recovered to near-normal levels by the end of trading.

The stoppage came just before the winter holiday season, when sales are expected to pick up.

A Foxconn spokesman told Henan Daily, a Chinese state media, that the company is trying to compensate by increasing production at its other sites.

When other tech giants warned of economic headwindsApple was an outlier when it came to reports of smooth sailing. In its fourth-quarter financial results, released on October 28, the company posted a healthy revenue gain of $89.1 billion in the quarter, up eight percent from the same period in 2021.

The charge Factory closure in China significantly slows production of Apple iPhone 14 first appeared in IT World Canada.

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