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Production at Apple and Tesla remains impaired

Apple supplier Foxconn apparently will not fully ramp up production in China before Christmas. The world’s largest iPhone plant in Zhengzhou will be unable to fully resume production before the end of December or the beginning of January, a person familiar with the matter told Reuters on Monday. Due to the renewed Covid in China, the Foxconn plant has been operating in a so-called closed loop for weeks (China.Table reported)

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