China Covid situation is affecting Apple, Tesla again

Tech companies which have manufacturing facilities in mainland China are likely to face disruption following the massive outbreak of COVID-19 in the country after the government dropped its zero-COVID policy.

Economic activity in China slowed in December with more people staying home to avoid getting sick or to recover following the abrupt easing of tough restrictions. Till now, there is no reliable data on the extent of the spread of the virus in the country or the number of sick and dead people, Bloomberg reported.

Amid the widespread COVID-19 outbreak in China, Apple’s business has come under threat as supply chain experts have warned of a growing risk to the production of iPhones.