News Snapshot:
By Jiaxing Li Pegatron Corp, a major supplier of certain iPhone models, said its production of communications devices and consumer electronics at its factory in Shanghai will decrease this quarter because of Covid-19 lockdown restrictions. Photo: AP Apple ’s tightly managed supply chain network has taken another hit in mainland China, as Taiwanese contract manufacturer Pegatron Corp cut production at its factory in Shanghai , where a strict Covid-19 lockdown remains in force. Pegatron, one of Apple’s largest suppliers focused on certain iPhone models, said on Thursday that its production of communications devices and consumer electronics will decrease this quarter...
