© Reuters. Apple’s (AAPL) iPhone Production in China Keeps Up with Demand — WSJ
The Wall Street Journal reported Thursday that Apple’s (NASDAQ:) iPhone production in China is starting to catch up despite the country’s outbreak of COVID-19.
As of this writing, Apple stock is up more than 3% on Thursday.
Despite a recent spike in COVID-19 cases in China, the country has started easing restrictions and scaling back its zero COVID policy. While COVID-19-related headwinds still hamper Apple’s iPhone manufacturing in China, the WSJ cited analysts and people in his supply chain as demand for the Pro model, which is more expensive to produce. said that it is starting to catch up with
As China lifts most of its restrictions, the report says workers’ health is now the main problem at the factory, with at least tens of millions believed to have contracted the coronavirus in the country. .
But with widespread testing halted and it difficult to know who has the virus, some of those affected remain active.
The WSJ reported that sources said conditions were far from normal, but at least better than when workers clashed at Foxconn in November.