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☆ China zero-Covid: Workers flee Zhengzhou iPhone factory
  + stars: | 2022-11-01 | by ( Diksha Madhok Michelle Toh | Diksha Madhok | Michelle Toh | ) edition.cnn.com   time to read: +3 min
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.
☆ EXCLUSIVE Output of Apple iPhones at major China plant could fall 30% amid COVID curbs -source
  + stars: | 2022-10-31 | by ( Yimou Lee | ) www.reuters.com   time to read: +3 min
[1/2] The logo of Foxconn is pictured on top of the company's headquarters in New Taipei City, Taiwan October 31, 2022. A second person familiar with the situation said many workers remained at the Zhengzhou plant and that production was continuing. Foxconn on Oct. 19 banned dining at canteens at the Zhengzhou plant and required workers to eat meals in dormitories. Foxconn has not disclosed whether any workers at the Zhengzhou site had been diagnosed with COVID-19. Authorities have since Oct. 19 reported 264 locally transmitted COVID-19 cases in Zhengzhou, the capital of central Henan province.
☆ Exclusive: Foxconn COVID woes may hit up to 30% of iPhone November output from Zhengzhou plant
  + stars: | 2022-10-31 | by ( Yimou Lee | ) www.reuters.com   time to read: +3 min
It also builds the device in India and southern China, but its Zhengzhou factory assembles the majority of its global output. A second person familiar with the situation said many workers remained at the Zhengzhou plant and that production was continuing. Foxconn on Oct. 19 banned dining at canteens at the Zhengzhou plant and required workers to eat meals in dormitories. Foxconn and local authorities have not disclosed the number of any infected workers at the site. Zhengzhou, capital of central Henan province, has since Oct. 19 reported 264 locally transmitted COVID-19 cases.
☆ China COVID curbs hit iPhone output, shut Shanghai Disney
  + stars: | 2022-10-31 | by ( Martin Quin Pollard Bernard Orr | Martin Quin Pollard | Bernard Orr | ) www.reuters.com   time to read: +5 min
"With the zero-COVID policy here to stay, we think the economy will continue to struggle heading into 2023," Zichun Huang, economist at Capital Economics, said in a research note. At this month's twice-a-decade Communist Party Congress, President Xi Jinping reiterated China's commitment to its zero-COVID policy, disappointing investors and countless Chinese frustrated by lockdowns, travel curbs and testing. "We don't expect the zero-COVID policy to be abandoned until 2024, which means virus disruptions will keep in-person services activity subdued," said Huang from Capital Economics. New cases in mainland China hit 2,898 on Sunday, topping 2,000 for a second straight day, a tiny number by global standards. However, in Beijing the Universal Resort theme park reopened on Monday after being shut last week because one visitor had tested positive for coronavirus.
☆ Foxconn imposes restrictions on iPhone assembly plant in China's Zhengzhou - SCMP
  + stars: | 2022-10-21 | by ( ) www.reuters.com   time to read: +1 min
The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone SiuOct 21 (Reuters) - Taiwan's Foxconn (2317.TW) has imposed tough COVID-19 control restrictions on its plant in the Chinese city of Zhengzhou that assembles Apple Inc's (AAPL.O) iPhone, the South China Morning Post reported on Friday. "Production in the Zhengzhou campus remains normal, without a notable impact (from the Covid-19) situation," SCMP quoted a Foxconn spokesman as saying on Thursday. The new measures come as Foxconn's factory is ramping up production of the latest iPhone 14 models, SCMP added. Both Foxconn and Apple did not immediately respond to a Reuters request for comment.
☆ Foxconn says production normal at iPhone plant in China despite COVID curbs
  + stars: | 2022-10-21 | by ( ) www.reuters.com   time to read: +1 min
The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei, Taiwan March 30, 2018. REUTERS/Tyrone SiuOct 21 (Reuters) - Taiwan electronics manufacturer Foxconn (2317.TW) said on Friday production at its largest iPhone factory remains normal, despite tightening COVID-19 restrictions at the plant in the Chinese city of Zhengzhou this week. "Zhengzhou (plant) still maintains normal production and has little impact (from the situation)," Foxconn told Reuters. The new measures follow Zhengzhou's latest outbreak recording a total of 196 cases since Oct. 8, and come as Foxconn's factory is ramping up production of the latest iPhone 14 models. Register now for FREE unlimited access to Reuters.com RegisterReporting by Beijing newsroom and Juby Babu in Bengaluru; Editing by Jacqueline Wong and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.
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