China’s retail and factory activity fell sharply in April as wide COVID-19 lockdowns confined workers and consumers to their homes and severely disrupted supply chains, casting a long... Read more
Key iPhone assembler Foxconn said it will be able to maintain its revenue levels this year despite the monthlong COVID lockdowns in China that have thrown supply chains into turmoil, reports... Read more
Many of the companies given permission to resume operations during Shanghai’s lockdown are working at a fraction of their full capacity as broken supply chains and disrupted logistics contin... Read more
First quarter sales of smartphones in China were at their lowest level since the start of the Covid-19 pandemic, with poor consumer sentiment to blame thanks to covid-related disruptions and... Read more
The world’s biggest electronics contract manufacturer and the main supplier of Apple, Foxconn Technology Group, has suspended production at two factories, adding more problems to Apple’s Chi... Read more
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