Reportedly, shipments of some Apple (AAPL) products, as well as Dell and Lenovo laptops are likely to face delays if China’s COVID-19 lockdowns persist, analysts predict. China’s attempt to stop the spread of COVID-19 has jammed highways and ports, stranded workers, and left countless factories awaiting government approval to reopen leading to disruptions that are intensifying the global supply chains.
Apple Inc. supplier Pegatron Corp informed it would suspend its plants in Shanghai and Kunshan, where reportedly it produces the iPhone 13, the iPhone SE series, and other legacy models. Quanta Computer Inc, which produces some three-quarters of Apple’s Macbooks globally, also shut operations, which could impact delivery more severely, informed analysts. However, the final impact on Apple’s supply chain is uncertain and depends on factors including how long lockdowns persist. The iPhone maker may also consider re-routing production out of Shanghai and Kunshan to factories elsewhere, such as Shenzhen, which currently is not under lockdown, analysts informed.
Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.
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