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Profit at Apple’s laptop manufacturing facility in China has been cut in half

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Quanta Computer Inc. , which makes MacBooks for Apple Inc., said that its Shanghai campus recovered from Covid-related interruptions less quickly than anticipated, resulting in a half of company profitability. Net Income in Q2 The second quarter’s net profits were NT$3.96 billion ($132 million). It is less than the average expectation of NT$4.3 billion and has decreased by 50%. In contrast to analysts’ average expectation of NT$258.4 billion, sales came to NT$270.5 billion. Quanta made a statement in April. To adhere to the Covid limits set by the regional government, the Shanghai site stopped operating. According to spokeswoman Carol Hsu,…

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