Hudson Institute Chinese Strategy Director Michael Pillsbury examines reports of Apple moving production out of China on Fox Business Tonight.
The world’s largest iPhone factory was reportedly brought back to 90% capacity several months after workers in China shut down the factory, citing government COVID-19 restrictions.
Foxconn Technology Group claims to operate a factory in central China’s Zhengzhou with about 200,000 workers, according to a report by China’s Henan Daily. National media outlets. The group is the largest production partner of Apple Inc.’s major smartphones.
In October 2022, Zhengzhou, also known as the city of iPhones, ceased operations after strict government restrictions forced thousands of workers to stop production. Zero COVID PolicyThe protests have disrupted supply chains and cost Apple billions of dollars over the past few months.
Wang Xue, deputy general manager of the factory, said in an interview with the Chinese outlet, “At the moment, the order book is looking good, and orders will peak from now until a few months after the Chinese New Year. .
China factory activity drops amid new COVID-19 restrictions
Foxconn iPhone factory workers in Zhengzhou are protesting poor treatment and COVID-19 policies. (AP / AP Newsroom)
Last month, Foxconn claimed that full production would likely resume in late December or early January. Reopening factories could boost sales of Apple’s latest iPhones for the New Year shopping season.
Apple CEO Tim Cook ignores question about whether he supports protests in China
The aftermath of the protests has affected the rollout of iPhone 14 Pro and Pro max models, with Apple announcing that it will have to wait longer for these devices over the holidays.
In addition, Apple has also started rolling out relocation plans. Manufactured outside of China to other Asian countries such as Vietnam and India.
CLICK HERE FOR MORE INFORMATION ON FOX BUSINESS
