With the crescent surge of COVID-19 pandemic, India’s government decided to determine a nationwide lockdown. It’s the world’s biggest lockdown with around 1.3 million inhabitants staying at home. The country is adopting such measures as it seems to be the best way to isolate the virus. According to Bloomberg, Apple’s production of iPhones has been suspended as a result. Foxconn and Wistron are two iPhone manufacturers with plants in India. Both companies are complying with the government’s orders.
Foxconn is ceasing operations until April 14. Wistron, which manufactures key iPhone components in its India plant, also tells Bloomberg that its doors are closing for production. However, it didn’t reveal which products will be affected by the lockdown.
Gizchina News of the week
“Foxconn and Wistron Corp. have suspended production at their India plants, which include the assembly of some Apple Inc. iPhone models, in order to comply with a nationwide lockdown ordered by Prime Minister Narendra Modi.”
The situation has the entire smartphone industry as well as many other industries sectors on the decline. The result of this already is affecting global smartphone shipments. This year, we had one of the “worst Februaries” in the recent story. The Global economy is experiencing a hard reboot, and consumers aren’t really willing to spend money in non-essential goods.