iPhone Factory Lockdown Shows Risk of Dependence on Zero-COVID China for Manufacturing, Analysts Say

China's lockdown of Foxconn's iPhone manufacturing plant in Zhengzhou highlights the risks of relying on zero-Covid China's manufacturing sector, according to analysts. Apple relies on China for 90 percent of its smartphone production, and Zhengzhou is Foxconn's crown jewel, churning out iPhone models in quantities not seen anywhere else.

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