The Latest Breaking News from Foxconn

According to official data, both manufacturing and services activity have contracted for three straight months.

China could be seeing as many as one million COVID cases a day, according to predictions from analytics firm Airfinity.

China has slashed the number of locations deemed at high risk of wider COVID outbreaks, re-opening locked down areas including one hosting a key factory of an Apple supplier. The number of high-risk areas tumbled to around 4,500 on Monday, official data showed, down 85% from more than 30,000 on…

China has slashed the number of locations deemed at high risk of wider COVID outbreaks, re-opening locked down areas including one hosting a key factory of an Apple supplier.

Apple supplier Foxconn's founder Terry Gou had warned China that the government's zero-COVID stance would threaten the position of the world's second-largest economy in the global supply chain, the Wall Street Journal reported.

Analysts are warning of a "bumpy," "zigzagging" recovery since China's COVID cases and deaths will likely spike.

Shenzhen Component Index closed up 0.17%

By 2025, 50% of iPhone production could be in these two countries instead, according to Wedbush tech analyst Dan Ives.

‘Teacher Li’ has amassed more than 800,000 followers with his posts highlighting COVID-related unrest in China.