Production at the world's biggest iPhone factory, disrupted since October by China's COVID-19 restrictions and worker protests, is now running at nearly full capacity, according to a Chinese state media report.
The sprawling campus in central China, owned by Apple supplier Foxconn, was running at 90% of planned production capacity at the end of December, the Henan Daily newspaper reported Tuesday. It cited an interview with Wang Xue, deputy general manager of the facility, which is also known as iPhone city.
The company said last month it was working on restoring production, which had been badly affected by supply disruptions caused by COVID restrictions. Wedbush Securities analyst Daniel Ives estimated in November that the disruptions in Zhengzhou had been costing Apple roughly $1 billion a week in lost iPhone sales.
The Henan Daily separately quoted an executive responsible for Foxconn's logistics as saying that, in the first two days of January, the volume of inbound and outbound shipments had reached the highest level in a year. According to a report in the Wall Street Journal, a letter from Foxconn founder Terry Gou played a major role in persuading Chinese leaders to accelerate plans to dismantle the country's COVID-19 policies. Gou was quoted as warning that strict COVID controls would threaten China's central position in global supply chains.Wang was quoted by the Henan Daily as saying iPhone City currently had about 200,000 workers on site.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China state media plays down severity of COVID-19 wave before WHO meetingHEALTH-CORONAVIRUS-CHINA:China state media plays down severity of COVID wave before WHO meeting
Read more »
Canada's COVID-19 travel restrictions for China a 'political move,' says expertAn expert says Canada's requirement of a negative COVID-19 test of travellers from China will not help prevent the spread of the virus.
Read more »
Canada's COVID-19 travel restrictions for China a 'political move,' says expertAn expert says Canada\u0027s requirement of a negative COVID\u002D19 test of travellers from China will not help prevent the spread of the virus.
Read more »
Canada’s COVID travel rules for China won’t stop spread of new variants: experts - National | Globalnews.caCanada's requirement of a negative COVID-19 test of travellers from China will not help in preventing new variants or the spread of the virus, say experts.
Read more »
Canada's COVID-19 travel restrictions for China a 'political move,' says expertAn expert says Canada\u0027s requirement of a negative COVID\u002D19 test of travellers from China will not help prevent the spread of the virus.
Read more »
Canada to temporarily require negative COVID-19 test from travellers from ChinaOttawa plans to temporarily require people flying from China, Hong Kong and Macao to test negative for COVID\u002D19 before leaving for Canada, beginning in early January.
Read more »