Bad news for Apple iPhone 14 Pro, iPhone 14 Pro Max lovers in India - Check details here
Apple iPhone 14 Pro, iPhone 14 Pro Max: COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou, China.
Apple iPhone 14 Pro, iPhone 14 Pro Max: If you are planning to buy the latest iPhone 14 Pro or iPhone 14 Pro Max, we have bad news for you! The Cupertino-based tech giant Apple has announced it expects lower shipments than it previously anticipated, and the customers will have to wait longer to receive their new devices.
"COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou, China. The facility is currently operating at significantly reduced capacity. As we have done throughout the COVID-19 pandemic, we are prioritising the health and safety of the workers in our supply chain," the company said in a statement.
"We continue to see strong demand for iPhone 14 Pro and iPhone 14 Pro Max models. However, we now expect lower iPhone 14 Pro and iPhone 14 Pro Max shipments than we previously anticipated and customers will experience longer wait times to receive their new products. We are working closely with our supplier to return to normal production levels while ensuring the health and safety of every worker," Apple added.
Apple manufacturing partner Foxconn's main Zhengzhou plant, which employs about 200,000 people, was hit by the stringent curbs after an outbreak at the factory, which led the city of about 10 million people locked down as a result. Foxconn is working to boost iPhone production at another factory in Shenzhen city to make up for the shortfall, a person with direct knowledge of the matter told Reuters. A second person familiar with the situation said many workers remained at the Zhengzhou plant and that production was continuing.
iPhone 14 Pro models demand has already exceeded its capacity to produce the new handsets. In a note to investors, Analyst David Vogt from investment bank UBS examined wait times for Apple's Pro range of smartphones using information that tracked iPhone availability across 30 countries, IANS reported. According to the report, the waiting time for the iPhone 14 Pro and iPhone 14 Pro Max had risen by five to 25 days each in the US.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 SIP Mutual Funds in 1 Year: What Rs 10,000, Rs 15,000, and Rs 20,000 SIPs have given in each fund
Special Live Trading Session on Saturday: Know why BSE, NSE will remain open on May 18; check timings
If you make RDs of Rs 5,000, Rs 10,000, Rs 15,000, and Rs 20,000 in post office, what will be your maturity amount?
Top 10 Mid-cap Stocks to Invest: Motilal Oswal picks Indian Hotels, Godrej Properties, and more; know target price
Atal Pension Yojana EPFO National Pension System SWP Retirement Planning schemes provide pension every month
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
01:31 PM IST