31-10-2022 13:21 via macdailynews.com

Apple stock slips as iPhone assembler Foxconn shifts production in China over COVID outbreak

Foxconn, Apple’s main iPhone assembler is preparing to shift production to other parts of China afterworkers began fleeing its main hub to escape a COVID-19 outbreak.
The logo of electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse
Gloria Li, Ryan McMorrow, and Nian Liu for Financial Times:City officials on Monday bussed workers away from the Zhengzhou plant, where s
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