The Christmas iPhone shortage is having an impact: In recent weeks, Apple has accelerated its efforts to withdraw parts of production from contract manufacturers like Foxconn from China.
Apple is asking its suppliers to be more proactive in planning the assembly of Apple products in other Asian countries, the Wall Street Journal reported on an insider basis. So, in particular, relocations would have to take place to India and Vietnam.
Uprisings in the world’s largest iPhone factory
The unrest in Apple’s partner Foxconn’s largest iPhone factory also contributed to the development, the company said. As reported, factory lockdowns and worker riots in the central Chinese industrial metropolis of Zhengzhou are having a greater impact on production than previously expected.
Production of Apple smartphones will decrease by at least 30 percent, it was recently said. The factory mainly builds the latest iPhone 14 in the expensive Pro and Pro Max variants.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
