Foxconn has reported that its revenue fell by 11.65% compared to the same period last year due to low demand of electronic products worldwide, and also due to manufacturing disruptions in China.
Zhengzhou RSS
Foxconn has made an offer to its workers to leave the iPhone city following the protests that erupted at the Zhengzhou facility because of a notice informing them of a delay in payments.
A protest turned violent when workers of the Foxconn factory in Zhengzhou, China clashed with the police on Tuesday. Strict curbs, unpaid wages, and possible infection surge caused the protest.
In a press statement, Apple has stated that production of its iPhone 14 Pro and iPhone 14 Pro Max models will be lower than anticipated due to ongoing COVID-19 curbs in Zhengzhou, China.
Due to strict COVID-19 curbs, iPhone manufacturing is expected to fall 30% in China's Zhengzhou district. Workers were also seen fleeing away from the district due to the restrictions.
The iPhone manufacturing hub of Zhengzhou has been put under a strict lockdown following government orders pertaining to China's zero-COVID policy with only exceptions allowed for COVID testing.