On Monday, Bloomberg reported that Apple (NASDAQ: AAPL) could experience a shortfall of around 6 million iPhone Pro units this year due to the unrest at the Zhengzhou manufacturing hub in China. This manufacturing facility is operated by AAPL's iPhone supplier, Foxconn. The Zhenghou Foxconn plant has been facing one challenge after another including COVID-related disruptions and was further hurt by violent protests by workers last week due to delayed bonus payments. Employees had earlier expressed their disappointment over the working conditions at the plant amid stringent COVID restrictions.
https://www.tipranks.com/news/apple-likely-to-fall-short-of-6-million-iphone-pros-due-to-unrest-at-zhengzhou?utm_source=advfn.com&utm_medium=referral
Apple (NASDAQ:AAPL)
Historical Stock Chart
Von Jan 2023 bis Feb 2023 Click Here for more Apple Charts.
Apple (NASDAQ:AAPL)
Historical Stock Chart
Von Feb 2022 bis Feb 2023 Click Here for more Apple Charts.