A Covid outbreak at Apple supplier Foxconn's factory shows the continued challenges factories face in trying to maintain operations while preventing infections.
At the end of the day, it's that uncertainty which is the biggest problem for investors.Just under a third of respondents said they were increasing investment in the country, the survey found. But that figure was down from 38% last year.
However, he noted it's difficult for Apple to find another 200,000 to 300,000 workers — as there are at the Foxconn Zhengzhou factory — to make the iPhone outside of China, except in India.JPMorgan analysts predicted that just 5% of Apple's global iPhone 14 production would move to India this year.
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Apple supplier Foxconn gives pay rise to staff hit by COVID lockdown - mediaApple supplier Foxconn has increased wages and is handing bonuses to workers at its Zhengzhou plant in central China, Chinese government-backed media reported, as it works to quell employee discontent at the site over COVID curbs.
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Apple iPhone maker Foxconn slams 'maliciously edited' video that claims Covid deaths at China plantFoxconn said on Tuesday that there have been no deaths at its Zhengzhou, China factory, the biggest Apple iPhone production facility in the world.
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'The COVID Wife': New play explores Colorado couple's experience with critical COVID caseFor more than a year, a Colorado woman has been writing her first play, based on the experiences her family went through during the height of the pandemic. She titled it 'The COVID Wife.'
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Foxconn increases bonuses to boost iPhone 14 production amid COVID-19 outbreakTo prevent workers from leaving amid the COVID-19 outbreak, Foxconn is raising bonuses to boost iPhone 14 Pro production.
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China Covid: iPhone maker Foxconn boosts bonuses after lockdown breakoutFoxconn locked down the world's largest iPhone factory in line with China's zero-Covid policy.
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Shanghai Disney visitors told to stay home after COVID case, Foxconn ups bonusesSeveral Shanghai residents received fresh stay-at-home orders and mandatory testing notices on Tuesday as authorities raced to trace contacts linked to a COVID-positive woman whose visit to the city's Disney Resort prompted its temporary lockdown.
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