Chain

Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022.Mike Segar | ReutersFoxconn, a major assembler of Apple's iPhones, said the impact of China's Covid lockdowns on its operations wasn't as bad as expected, Nikkei Asia reported Tuesday.In late March, China ordered a series of lockdowns in some major cities after it saw a surge in coronavirus cases. Not long after, Foxconn said it would pause its operations in…

Shanghai will ease COVID restrictions on 1 June. Image: MicrosoftChina's commercial capital, Shanghai, will this week ease pandemic restrictions that have hampered production at key suppliers of US tech giants.The city's municipal government announced that residents in areas deemed low risk will be free to move within the city, use public transport and drive on roads from midnight on June 1.Tesla, Apple and Cisco are among US firms that have been caught out by China's COVID-19 restrictions under its controversial…

Taiwan's Foxconn, the world's largest contract electronics maker, said that the second half of the year is heading "in a better direction" as Shanghai's COVID-19 lockdown appears to be easing."We are quite confident in the stability of our supply chain for the second half of this year," Foxconn chairman Liu Young-way told the company's annual shareholder meeting.The Shanghai government will allow all residents in 'low-risk' areas to return to work.Foxconn is aiming to become the first electric vehicle (EV) maker "not…

Taiwan's Foxconn, the world's largest contract electronics maker, said on Tuesday that the second half of the year is heading "in a better direction" as Shanghai's COVID-19 lockdown appears to be easing."We are quite confident in the stability of our supply chain for the second half of this year," Foxconn chairman Liu Young-way told the company's annual shareholder meeting.The Shanghai government will allow all residents in 'low-risk' areas to return to work from Tuesday.Foxconn is aiming to become the first electric…

While Ethereum is struggling with a high gas fee, Bitgert has the lowest gas fee in the world. Key Points: Ethereum gas fee might keep risingBitgert chain gas fee to remain a zero figure Ethereum has one major limitation to address, and this is the rising gas fee. This has been the issue for a long time, and despite the measures that the Ethereum team has taken to address it, the gas fee is still high. In fact, a few weeks ago, the Ethereum gas fee spiked to $3,300 when Bored Ape was minting its NFTs on the…

This is a close up view of an X-ray Photoelectron Spectroscopy system being used at the Idaho National Lab measuring surface chemistry on a potential candidate material to use for fusion.Masashi Shimada has been researching nuclear fusion since 2000, when he joined the graduate program at University of California San Diego. He's currently the lead scientist at the Safety and Tritium Applied Research (STAR) facility in Idaho National Laboratory, one of the federal government's premier scientific research laboratories.The…

Virgin Orbit's modified 747 jet "Cosmic Girl" releases the company's LauncherOne rocket for a mission on January 13, 2022.Virgin OrbitSpace companies reported results for the first quarter of the year over the past several weeks – with many CEOs complaining of supply chain disruptions pushing back hardware deliveries and launch schedules."Everyone's getting delayed. I haven't heard from a single satellite operator in the last 12 months – whether they're a new entrant, whether they're longstanding operators – everyone's…

China's Lenovo Group warned on Thursday that shipments would fall in the short term as China's COVID-19 lockdowns exacerbated shortages of microchips, after posting its slowest quarterly growth in seven quarters.The world's largest maker of personal computers (PC) is among many companies facing supply chain headaches that have been worsened by a protracted shortage of chips, business disruptions from the Russia-Ukraine war and China's efforts to stop the spread of COVID in the country."Due to the macro economic headwinds,…

Even as Covid-19 lockdowns in China continue to create supply chain uncertainties things are improving, says a senior Sony executive. Sony has forecast PS5 sales of 18 million units in the business year to end-March compared to 11.5 million a year earlier.…

The emergence of covid 19 and the subsequent lockdowns have been impacting the production and the supply chain which has its origin in China and Apple iPhones have been one of the victims. Apple iPhones have been majorly developed in China but the lockdowns has restricted the production and hence supplies of the iPhones in the region and where its being exported out of China. To cover the losses, Apple has asked its other contract manufacturers to ramp up production to meet the…