Apple iPhone maker hit by fresh Covid lockdown in China

China's fresh Covid wave may disrupt iPhone assembly.
Apple parts supplier Foxconn is halting operations at its Shenzhen sites, one of which produces iPhones, in response to a government-imposed lockdown on the tech hub.
The Taiwanese company, also known as Hon Hai Precision Industry, has its China headquarters in the area and a key manufacturing site in Guanlan. It is suspending operations at the two campuses and has reallocated production to other sites to reduce impact from the disruption, the company said.