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Hong Kong/Beijing CNN Business —More than 100,000 people have signed up for a massive recruitment drive by Apple’s supplier Foxconn for the largest iPhone factory in China, according to Chinese state media. And our hiring process is now closed temporarily,” a Foxconn executive, Yang Han, in Zhengzhou told state news outlet Yicai on Thursday. Some local governments in Henan have recently also asked community officials to join the production line themselves, according to multiple Chinese state media reports. Several unidentified such officials, also known colloquially as local “grassroots officials,” or “cadres,” told state media publication Cailian Press Tuesday that they were told to work at the Zhengzhou campus from one to six months. “We now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated,” the tech giant said in a statement earlier this month.
New Delhi CNN Business —One of Apple’s largest suppliers is trying to strike a delicate balance in China. Foxconn’s statement came just a day after Apple said it expects iPhone 14 shipments to be hit by China’s Covid curbs, which have “significantly reduced capacity” at the Zhengzhou facility, the world’s biggest iPhone factory. “The epidemic has disrupted our work and life, but… the company has achieved milestone results in the current epidemic prevention measures,” Foxconn said on its Zhengzhou recruitment WeChat account on Monday. New workers will be offered a salary of 30 yuan ($4) per hour, according to the post. Last Wednesday, Chinese authorities imposed a seven-day lockdown on the manufacturing zone that houses the Foxconn plant.
IPhone plant woes are least of Apple’s problems
  + stars: | 2022-11-07 | by ( Robert Cyran | ) www.reuters.com   time to read: +3 min
But problems there look pale in comparison to other issues caused by Apple’s own consumers. The company led by Tim Cook warned on Nov. 6 that disruption at the Zhengzhou complex has lowered shipments of high-end iPhone 14 Pro phones. Apple recently put on ice plans to increase production of the newly launched iPhone 14. But last quarter, sales of services rose just 5%, a huge step back from the 25% jump in sales in the same quarter in 2021. Follow @rob_cyran on TwitterCONTEXT NEWSApple warned on Nov. 6 that shipments of iPhone 14 Pro and iPhone 14 Pro Max have been disrupted by production woes at a Hon Hai Precision Industry complex in Zhengzhou, China.
New Delhi CNN Business —Foxconn, one of Apple’s largest suppliers, is wrestling with major disruption at its biggest iPhone assembly factory in China, as anxious workers reportedly flee the facility, according to social media videos. “[We] fully understand your eagerness to go back home,” Foxconn told its employees over the weekend, according to a post on Zhengzhou government’s official WeChat account. The Zhengzhou campus is the world’s biggest iPhone factory and typically accounts for as much as 85% of iPhone assembly capacity, according to Lam’s estimates. State media has said that many Foxconn workers are among those walking miles to escape the city. While these disruptions will impact iPhone production in the near term, analysts say it may not dent Apple’s iPhone shipments in the key holiday season.
HONG KONG— Foxconn Technology Group is scrambling to contain a weekslong Covid-19 outbreak at an iPhone factory in central China, trying to appease frightened and frustrated workers during a crucial period for smartphone orders. In Foxconn’s main Zhengzhou facility, the world’s biggest assembly site for Apple Inc.’s iPhones, hundreds of thousands of workers have been placed under a closed-loop system for almost two weeks. They are largely shut off from the outside world, allowed only to move between their dorms or homes and the production lines.
Lordstown Motors sold the factory to Foxconn earlier this year while Foxconn, in turn, agreed to build Lordstown’s electric pickup, the Endurance, there. Another California-based startup, Indi EV, has also agreed to have Foxconn build its car, the Indi One, there. Aside from road-going automobiles, Foxconn has also agreed to build an electric farm tractor, the Monarch MK-V, at the factory. Luxgen’s parent company, Yulon Group, and Foxconn created a joint venture called Foxtron in 2021 to develop and manufacture electric vehicles. Various Foxconn companies are part of an large industry group called the MIH, or Mobility in Harmony, consortium, which is jointly developing the basic electric vehicle engineering platform that underlies Foxconn’s electric vehicles.
Retail sales were flat last month, down from a revised. Retail sales fell 0.4% in July. Excluding sales of automobiles and at gas stations, retail sales rose 0.3%. Sales at clothing stores rose 0.5%, while business at department stores rose 1.3% That indicates a solid back-to-school season but adjusted for inflation, spending was modest, analysts said. AlixPartners predicts holiday sales to be up anywhere from 4% to 7% from last year, which was up 16%, according to its calculations.
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