Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shanthi Rexaline

China's COVID-19 Shutdown Is Beginning to Bite Apple, Says Analyst

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.