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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 percentage reduction in production was mentioned in relation to the facility?

What was the main reason for the protests at the Foxconn facility?

What were the grievances of the workers that led to the protests?

How did Foxconn respond to the protests and what was their official statement?

What impact did the protests have on the stock and production of high-end iPhones?