Money
Why your next iPhone is at risk of being heavily delayed
A major producer of Apple’s iPhone has become the latest manufacturer to pause business because of the lockdown in Shanghai
Technology company Pegatron is halting production at two major factories in China.
The financial hub is currently locked down as officials deal with the spread of coronavirus, which is in line with China’s COVID-zero strategy.
The city was locked down in late March after infections surged in the key manufacturing and financial hub.
Major Apple MacBook manufacturer Quanta, and iPad maker Compal Electronics, have also paused activities in Chinese cities.
China’s most populous city has been under lockdown for weeks, with many residents unable to access basic essentials including medical care and food.
Locals have taken to their apartments to vent their frustration.