The Digital Source For China's Tech Innovation Since 2000

Search
Close

Apple Projects Billions in Revenue Loss Over Supply Constraints from China Amid Lockdowns

May 23, 2022
Source: themillennialpress.com themillennialpress.com
News Snapshot:
Apple Projects Billions in Revenue Loss Over Supply Constraints from China Amid Lockdowns Posted by on May 22, 2022 10:53 amTags: Categories: Breaking News Epoch Times News Beijing’s strict COVID-19 control policies have significantly limited Apple’s consumer product output, according to one of its suppliers. In April, the iPhone maker predicted that supply constraints would cost the company up to $8 billion in revenue for the current quarter. Taiwanese contract manufacturer Pegatron, one of Apple’s largest suppliers for specific iPhone models, on May 12 said operations at its major assembly plant in Shanghai were constrained by citywide lockdown measures and...
Go To Original Source →
Tags: Apple | China | consumer | contract | Covid-19 | iPhone | loss | manufacturer | news | Pegatron | plant | production | revenue | SCMP | Shanghai | South China Morning Post | Taiwan

Other Related News:

Blockchain Sector Sees Boom in China Despite Cryptocurrency Ban

July 5, 2022

Stocks To Invest In Right Now? 4 Chinese Electric Vehicle Stocks To Watch

July 5, 2022

Hacker claims they stole police data on a billion Chinese citizens

July 5, 2022

Hong Kong gets a shot in the arm as China's offshore financial hub with new products and deeper yuan pool in… News

July 5, 2022

China Auto Maker Geely Ventures Into Smartphones News

July 5, 2022

Hacked Chinese government files gives new insights on the mass detention of ethnic Uighurs Flipboard

July 5, 2022

Stocks To Invest In Right Now? 4 Chinese Electric Vehicle Stocks To Watch Nasdaq

July 5, 2022

China Has Yet to Learn the Rules of the Pacific Chess Game

July 5, 2022

In Depth: How SoftBank wrested back control of Arm China

July 5, 2022
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
Menu
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2022 ChinaTechNews.com. A Service of Asia Media Network.
Twitter
Posting....