Page 33 - Pegatron Corp News Today

(Reuters) - Apple Inc has told its suppliers to speed up iPhone development after China's strict COVID-19 lockdowns hampered schedule for at least one...

COVID-19 lockdowns in mainland China are hindering iPhone development...

Apple Inc has told its suppliers to speed up iPhone development after China’s strict COVID-19 lockdowns hampered schedule for at least one of the new phones,…

Apple’s contract manufacturers Foxconn and Pegatron Corp are hiring more people to meet a reported order increase for the iPhone 13 series, even as other players in the domestic mobile phone industry are cutting shipments, sources told the Global Times.

The economic consequences from China's COVID-19 lockdowns are starting to be felt by companies and consumers across the globe, and expectations are that the reverberations will only get stronger.

China’s “zero COVID-19” policy and strict lockdowns have dealt a serious blow to manufacturers, and could hasten the exit of foreign firms amid mounting operational risks and a deteriorating investment environment. Taiwanese electronics manufacturers, in particular, have suffered, as China remains a major production hub, although many have gradually relocated operations back to Taiwan or to other countries, as the US-China trade row reshapes global supply chains. Taiwanese notebook compute...

Taiwan’s major Apple Inc supplier cut its outlook for the second quarter, joining a growing list of manufacturers warning about the fallout from lockdowns aimed at containing China’s worst COVID-19 outbreak in two years. Quanta Computer Inc (廣達電腦), which assembles MacBooks, expects a 20 percent quarterly fall in notebook shipments and a squeeze on margins this quarter due to the lockdown, a company representative said on Friday during an earnings call. The impact from supply chain di...

Material SHORTAGE: Even as workers are about to return, Quanta lacks operating supplies, while Pegatron reported its lowest revenues in 11 quarters, the companies said/ Bloomberg

IPhone supplier Pegatron is cutting iPhone production in Shanghai because of COVID lockdowns.

China's biggest chipmaker and a major iPhone supplier cut their outlooks for the second quarter, joining a growing list of manufacturers warning about the fallout from lockdowns aimed at containing the country's worst Covid outbreak in two years.