Apple expects iPhone 14 shipments to be hit by China's Covid curbs | CNN Business

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Apple expects iPhone 14 shipments to be hit by China's Covid curbs | CNN Business
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Apple has said that shipments of its latest lineup of iPhones will be 'temporarily impacted' by Covid restrictions in China, adding that 'customers will experience longer wait times to receive their new products.”

Apple has said that shipments of its latest lineup of iPhones will be “temporarily impacted” by Covid restrictions in China. In a statement on Sunday, the company said that its assembly facility located in the central Chinese city of Zhengzhou is “currently operating at significantly reduced capacity,” due to Covid curbs. “We continue to see strong demand for iPhone 14 Pro and iPhone 14 Pro Max models,” the tech giant said.

The lockdown is putting tremendous strain on Foxconn and Apple just before the key holiday shopping season begins and highlights how China’s stringent zero-Covid policy is hurting international business. In recent weeks, top global and Chinese companies — from carmakers to tech giants — have experienced huge disruptions to their businesses as the world’s second-largest economy doubles down on its zero-Covid approach. Things may not improve anytime soon.

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