Slowdowns expected for iPhone 14 Pro shipments

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Slowdowns planned seen for iPhone 14 Pro deliveries

iPhone 14 models Pro and iPhone 14 Pro Max feature a dynamic island located on the smartphone notch.

Apple expects lower-than-expected shipments of its iPhone 14 Pro due to health restrictions that are severely hampering production at its mega-factory Foxconn subcontractor in Zhengzhou, China.

The site is currently operating at a significantly reduced capacity, Apple announced Sunday evening without giving numbers.

We continue to see strong demand for models iPhone 14 Pro and iPhone 14 Pro Max. However, we now expect fewer deliveries than we anticipated, he added in a statement.

Reuters reported last Monday that iPhone production could drop 30% in November at the Zhengzhou plant, one of the world's biggest iPhone manufacturing sites.

The recent resumption of COVID-19 contaminations has led the Chinese authorities to tighten their measures to fight the epidemic, which is disrupting the activity of companies that are established in the country, such as the Taiwanese group Foxconn.

Some of the staff at the Zhengzhou plant, which employs around 200,000 people, however, protested against these draconian travel restrictions. Some of the workforce also fled the site on October 29 after complaining on social media about its treatment.

L' Apple shares were down 1% in trading before the opening of trading on Wall Street.

Anything related to Apple's production obviously affects the stock price, said Quincy Krosby, head of global strategy at LPL Financial. But this is part of a much larger reality: uncertainty about the future of the Chinese economy.

According to a published report On Monday, China recorded 5,496 new local cases of COVID-19 on Sunday, the highest number in six months, and health authorities said strict measures would be maintained.

Foxconn, the world's largest iPhone maker with 70% of global shipments, said it was working to restore production to Zhengzhou as soon as possible.

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A person familiar with the situation told Reuters that the Taiwanese group hopes to achieve this during the second part of November.

Apple announced at the end of September that it was moving production of the iPhone 14 to India rather than China, precisely to reduce its dependence on this country.

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