
Apple, Inc. (NASDAQ:AAPL), which was managing to churn out products and keep pace with the surging demand so far, may have hit a supply-chain roadblock with the protracted COVID-19 shutdown in China.
What Happened: China's "zero COVID" policy to curb the spread of the deadly virus has impacted the assembly operation of Pegatron, Apple's second-largest contract manufacturer, TFI Securities analyst Ming-Chi Kuo said in a tweet on Monday.