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Apple, others face cargo delays on China Covid squeeze

April 16, 2022
Source: indiatimes.com indiatimes.com
News Snapshot:
China’s race to cease the unfold of Covid-19 has jammed highways and ports, stranded employees and left numerous factories awaiting authorities approval to reopen – disruptions which can be rippling by means of world provide chains. Apple Inc provider Pegatron Corp stated this week it could droop its vegetation in Shanghai and Kunshan, the place in accordance with provide chain specialists it produces the iPhone 13, the iPhone SE sequence, and different legacy fashions. Quanta Laptop Inc, which produces some three-quarters of Apple’s Macbooks globally, additionally shut operations, which may impression delivers extra severely, analysts stated. The ultimate impression on...
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Tags: Apple | Business | China | Covid-19 | electric vehicle | finance | financial | Foxconn | Guangdong | Hon Hai | Huawei | iPhone | IT | Kunshan | laptop | logistics | manufacturing | Pegatron | Quanta | Shanghai | Shenzhen | Signal | Taipei | Taiwan | Xpeng

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