1 November 2022 | Other

iPhone production at a major factory in China may drop by 30%

Tightening restrictions on COVID-19 in China may cause a 30% drop in iPhone production. This is one of the largest manufacturing factories of Apple Inc. in the world.

In Shenzhen, the Foxconn manufacturer's plant is working to increase production to compensate for shortages.

The company's main factory is in Zhengzhou. It has about 200,000 workers. Employees experienced a shock when strict measures were applied to control the spread of COVID-19, and some people left the factory on the weekend.

Foxconn made a statement that it would coordinate production with other factories to control the situation and reduce any potential impact.

Foxconn provides 70% of the iPhone's supply worldwide. The company is the largest iPhone manufacturer for Apple and produces iPhones in India. But most of the products are assembled at the Zhengzhou factory.

China now has an ultra-strict control policy. According to it, factories in virus-affected regions can stay open under the condition that they operate in a "closed cycle" system. That is, personnel live and work directly in the factory. According to the company, such arrangements create numerous difficulties for workers.

The closed-cycle system was first introduced at Foxconn's small factory in Shenzhen in March and July of this year. The reason was the high incidence of COVID-19.

Company MarketCheese
Brent sell
Period: 06.02.2026 Expectation: 450 pips
Brent prices lose upward momentum and prepare for correction
30 January 2026 41
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.08.2026 Expectation: 35200 pips
Investing in BTCUSD down to $72,800
30 January 2026 48
Period: 28.02.2026 Expectation: 1100 pips
Buying SPX from support at $6,820
30 January 2026 31
Period: 06.02.2026 Expectation: 1200 pips
GBPUSD correction extends ahead of new Fed Chair announcement
30 January 2026 26
Period: 06.02.2026 Expectation: 1870 pips
AUDCAD is poised to rise ahead of RBA meeting
30 January 2026 25
Period: 06.02.2026 Expectation: 30000 pips
Investing in ETHUSD with $2,700–$2,800 range on horizon
29 January 2026 63
Go to forecasts