iPhone Production Said to See 30 Percent Slump After Disruption at Foxconn Plant in China

iPhone Production Said to See 30 Percent Slump After Disruption at Foxconn Plant in China

iPhone production could slump by at least 30 percent at Foxconn’s factory in China’s city of Zhengzhou after worker unrest disrupted operations, a person with direct knowledge of the matter told Reuters on Friday. The estimate was an upward revision of an October internal forecast for production impact of up to 30…