Pegatron suspends iPhone assembly in Shanghai and Kunshan due to draconian Chinese crackdown

Apple iPhone assembler Pegatron has suspended production in Shanghai and Kunshan amid a draconian crackdown that the Chinese Communist Party claims is due to COVID (which we highly doubt; see our Take below).Jessica Bursztynsky for CNBC:Apple iPhone assembler Pegatron said it has suspended production in Shanghai and the nearby city of Kunshan amid strict Covid-19 prevention measures, according to multiple reports.
Shanghai authorities have imposed stringent stay-at-home measures… Those go