News Snapshot:
A new report said that the continued COVID lockdowns in China have affected half of Apple’s suppliers. The affected suppliers were having problems in their production process that could lead to a supply chain cut-off. Apple Suppliers Hit by COVID Lockdowns in China Nikkei Asia reported that half of Apple’s 200 top suppliers have production facilities in and around Shanghai. The COVID lockdowns have affected major production processes of these Apple suppliers. The report added that more than 70 companies that directly supply the Cupertino company have manufacturing plants in Jiangsu Province. The information comes from Apple’s latest supplier list,...
