The situation at the plant remains uncertain and estimates of lost production could change, said the person. It all depends on how quickly Foxconn, the Taiwanese company that runs the factory, can get people back on the assembly line after violent protests against Covid restrictions.
Workers at the Zhengzhou campus of Foxconn were locked down and unrest continued for weeks after Covid and the local government struggled to contain the outbreak. Thousands of workers escaped chronic food shortages in October but were replaced by new workers who rebelled against wages and quarantine practices.
Foxconn facilities produce most of Apple’s most popular products phones of the year, the iPhone 14 Pro and Pro Max handsets. These premium phones I do up to weak demand for the regular iPhone 14 models. Apple lowered its overall production target from its earlier forecast of 90 million units to around 87 million units.
