Apple, Tesla Productions Stalled by China Lockdowns

Port delays and shipping gridlock—Shanghai's lockdown chaos is already hitting the global supply chain, and it's about to get worse. According to a report by Taiwanese media Commercial Times, a lockdown in the Chinese city of Kunshan is severely squeezing the global electronics supply. Bordering Shanghai, Kunshan is an important production center for electronics components. Now with the new measures, laptop, TV, and Apple iPhone makers in Kunshan are going to have to alter their operations.