Foxconn Suspends Shenzhen Plant Amid Fresh COVID-19 Outbreak in China

Foxconn, which is a key supplier of Apple products, announced on Monday, that it is suspending production in its Shenzhen plants to comply with a new COVID-19 lockdown in the region. The company is attempting to minimize the impact of this on the supply-chain, by increasing manufacturing output of its plants in other regions, it said in a statement. China is witnessing its highest surge in COVID-19 cases since 2020, and the fresh outbreak is expected to affect manufacturing across the country, as factories comply with cubs set in place by health officials. Besides Foxconn, two other suppliers of Apple, namely Unimicron and Sunflex, have announced a suspension of manufacturing operations in the Shenzhen area.