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Asharq Al-Awsat

Technology

Asharq A-Awsat

Apple Supplier Foxconn Adjusts Production to Avoid Holiday Blues

Foxconn China Zhengzhou Covid-19

The logo of Foxconn is pictured on top of a company's building in Taipei, Taiwan October 31, 2022. REUTERS/Carlos Garcia Rawlins

Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to prevent recent COVID-19 curbs at a massive iPhone factory in China from impacting holiday orders.

Foxconn has grabbed headlines in recent weeks, with tight virus restrictions at its Zhengzhou plant, the world's largest iPhone factory, disrupting production and fueling concerns over the impact of China's virus policy on global supply chains. The plant in China's industrial hub employs about 200,000 people.

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