China Locks Down Area Around Largest IPhone Factory

The transcript discusses the potential impact of a seven-day lockdown at the Foxconn plant on Apple's supply chain. Foxconn, employing over a million people in China, faces challenges in managing the lockdown, including inadequate worker management and logistics. The closed loop system, where workers live on-site, requires significant effort to ensure proper living conditions. The situation could affect Apple's ability to deliver iPhones.

What is a 'closed loop' in the context of factory operations during lockdowns?

What factors contribute to anxiety and panic among workers during an outbreak?