Apple's China Reliance Grows Perilous Amid Covid Zero

The transcript discusses a potential 30% reduction at a facility producing high-end iPhones due to worker protests. The facility, operated by Foxconn in Junjou, is crucial for iPhone 14 production. Protests arose from worker grievances over pay and COVID restrictions, leading to clashes with guards. Foxconn claimed quick control, but long-term labor dissatisfaction and production disruptions persist, affecting stock prices.

What is the potential impact on production at the facility mentioned in the video?

• A 10% increase

• A 30% reduction

• No change

• A 50% reduction

Which company operates the facility where the protests occurred?

• Samsung

• Foxconn

• Huawei

• Xiaomi

What were the workers protesting about at the facility?

• Long working hours

• Grievances over pay and COVID restrictions

• Lack of safety measures

• Unfair promotions

How did Foxconn respond to the protests?

• They claimed to have controlled the situation quickly

• They shut down the facility

• They ignored the protests

• They increased worker salaries

What was the impact on Apple's stock following the protests?

• The stock price came under pressure

• The stock price doubled

• The stock price remained stable

• The stock price increased