Worker unrest at the Zhengzhou Foxconn factory could result in a production shortfall of six million iPhones, just as the holiday season is about to enter the home stretch.
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China’s Covid Policies Once Again Upending Car Manufacturing
Carmakers are opting to shutter their plants in China as Covid restrictions make it almost impossible to secure some components, deeming even the closed-loop systems promoted by officials as a way to …
Crypto lender BlockFi files for bankruptcy, Wall Street tumbles on China worries, ASX falls
Australian shares have started the day lower after falls on Wall Street as protests in major Chinese cities against strict COVID-19 policies sparked concerns about economic growth, while Apple slid on …
S&P 500, Dow, Nasdaq retreat amid concerns about China, interest rates and crypto
U.S. stocks lost ground on Monday amid worries about interest rates, shutdowns in China and ongoing instability in the cryptocurrency sector.
Behind Foxconn’s China woes: mistrust, miscommunication, COVID curbs
When officials from his Chinese village approached Hou last month, urging him to work at the world’s largest iPhone factory for at least twice the usual pay, he knew it was risky.
FCC moves forward with ban of China-based surveillance vendors
As a result of the ban, no new Huawei or ZTE equipment can be approved and there’s also the possibility of revoking existing approvals.
Space Force Official Warns China Could ‘Surpass’ US In Ongoing Space Race
Lt. Gen. Nina M. Armagno’s observation comes as China prepares to launch a rocket with three astronauts aboard to travel to its space station this week.
Tech Down on China, Cryptocurrency Fears — Tech Roundup
Shares of technology companies fell sharply as traders braced for another leg down in digital-currency markets and Chinese economic activity. Shares of …
COVID-19 lockdown protests in China rattle US, world markets
Protests in multiple cities in China over the country’s so-called zero-COVID policy rattled world markets Monday, adding to fears about stagnating growth and supply chain crunches as the holiday …
Apartment fire in China exploited to push for ending COVID restrictions
The tragic death of ten people in a fire in a high-rise building in Xinjiang was caused not by COVID-19 restrictions, but the lack of adequate fire safety measures in the neighborhood.
Xinhua Silk Road: 2022 world IoT summit kicks off in eastern Chinese city Wuxi
Wuxi Summit kicked off on November 26 in Wuxi, east China’sJiangsu Province. As a main part of the 222 World IoT Exposition also held in the city, the summit attracted elites worldwide to jointly …
Apple production shortfalls at China plant expected to result in loss of 6 million iPhone Pros
Turmoil at Apple’s Zhengzhou, China, manufacturing plant is likely to result in a production shortfall of about 6 million iPhone 14 Pro and Pro Max devices.
China’s stocks, yuan tumble as COVID protests rattle nerves
Chinese stocks on Monday saw the worst day in a month, as recent monetary-easing measures failed to offset investor worries about protests against strict COVID-19 curbs in the world’s second-largest …
