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Yo2
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Comments by "Yo2" (@yo2trader539) on "Apple Speeds up China Exit, Foxconn Follows, Massive Layoffs, Local Businesses Deserted" video.
@tonyburzio4107 It's not just Foxconn which is doing the final assembly. The entire component and shipping supply-chain was disrupted in many sectors during the Pandemic lockdown. It's why many industries including automakers worldwide couldn't produce enough to meet demand because they were lacking integral semiconductors. Many ingredients, components, and machines are required, and they pass through multiple factories in various countries before arriving at the final assembly plant. I don't think the Chinese government fully understand the implications on the supply-chain when they pursued extreme lockdown.
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