Yahoo! Finance: Company News
Apple Stock: Shenzhen Lockdown Will Have Little Impact… For Now – Lockdowns are in place again in Shenzhen, China, after a new outbreak of Covid-19 cases. Consequently, Foxconn has had to pause operations in the city, and this could impact the production of Apple (AAPL) products. The Shenzhen Guanlan factories account for ~25% of Foxconns total production capacity, where the …
