East Asia

Apple has a huge problem with its supplier's iPhone factory in China |  CNN Business

Apple has a huge problem with its supplier’s iPhone factory in China | CNN Business

hong kong CNN Business — A violent uprising by workers at the world’s largest iPhone factory in central China this week further clouds Apple’s strained supply chain and highlights how the country’s tough zero Covid policy is harming to global technology companies. The unrest began last month when workers left the factory campus in Zhengzhou, …

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The chip war between the United States and China spills over into Europe |  CNN Business

The chip war between the United States and China spills over into Europe | CNN Business

hong kong CNN Business — Two European chip deals have run into trouble over their ties to China, a sign of concern spreading in the West about China’s potential control over critical infrastructure. Last week the new owner of Britain’s biggest chipmaker was ordered to reverse its takeover, just days after another chip factory sale …

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Foxconn offers to pay workers to leave world's largest iPhone factory after violent protests |  CNN Business

Foxconn offers to pay workers to leave world’s largest iPhone factory after violent protests | CNN Business

hong kong CNN Business — Foxconn has offered to pay newly hired workers 10,000 yuan ($1,400) to resign and leave the world’s largest iPhone assembly plant, in a bid to quell protests that have seen hundreds of clashes with security forces in central China compound. The Apple supplier made the offer on Wednesday following dramatic …

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Workers at world's largest iPhone factory in China clash with police, videos show |  CNN Business

Workers at world’s largest iPhone factory in China clash with police, videos show | CNN Business

Beijing/Hong Kong CNN Business — Workers at China’s largest iPhone assembly plant were seen confronting police, some in riot gear, on Wednesday, according to videos shared on social media. Videos show hundreds of workers confronting law enforcement officers, many wearing white hazmat suits, at the Foxconn campus in China’s central city of Zhengzhou. In the …

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Global investors bullish on China again as Beijing shifts to damage control |  CNN Business

Global investors bullish on China again as Beijing shifts to damage control | CNN Business

hong kong CNN Business — Market sentiment on Chinese stocks hit rock bottom just weeks ago after President Xi Jinping secured a historic third term in office and piled his best team with loyalists in a sweep not seen since Mao era. But last week, a series of unexpected moves from Beijing — the easing …

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