Why the production problems? Blame COVID-19, which is surging in China and slowing work at FoxConn, the electronics manufacturer that assembles iPhones for Apple.
and slowing work at FoxConn, the electronics manufacturer that assembles iPhones for Apple.
The nationwide demonstrations come after weeks of worker unrest at FoxConn. Last week, a dispute over pay at the company's factory in Zhengzou in central China sparked employee protests that led to a police showdown in which some . Workers have also chafed against quarantine practices due to strict COVID policies, Bloomberg noted.on Thursday, blaming the pay dispute on a"technical error" in adding new employees after an October exodus of thousands of employees over what they said were unsafe working conditions.
Apple could still increase production in the coming weeks to try to make up some of the shortfall, Wedbush noted. "Now it's the painful waiting game to see what ramped production looks like over the next week for Apple to ease some iPhone shortages that are building globally," the analysts said.
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