Index Investing News
Wednesday, January 28, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Chaos at Apple provider Quanta exhibits strains of Shanghai COVID lockdown By Reuters

by Index Investing News
May 8, 2022
in Stocks
Reading Time: 3 mins read
A A
0
Home Stocks
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: Residents line up for nucleic acid assessments throughout lockdown, amid the coronavirus illness (COVID-19) pandemic, in Shanghai, China, April 30, 2022. REUTERS/Aly Tune/File Photograph/File Photograph

SHANGHAI (Reuters) – Quanta Shanghai Manufacturing Metropolis would appear like an excellent web site to implement China’s “closed-loop” administration system to forestall the unfold of COVID that requires employees to stay and work on-site in a safe bubble.

Sprawled over land the dimensions of 20 soccer fields, the campus homes factories, residing quarters for 40,000 employees, some residing 12 per room, and even a grocery store.

However as COVID-19 breeched Quanta’s defences, the system broke down into chaos on Thursday.

Movies posted on-line confirmed greater than 100 Quanta employees bodily overwhelming safety guards in hazmat fits and vaulting over manufacturing facility gates to flee being trapped contained in the manufacturing facility amid rumours that employees on the ground that day examined constructive for COVID.

The turmoil at Quanta underscores the struggles Shanghai faces to get its factories, lots of them key hyperlinks in international provide chains, again on top of things whilst a lot of the town of 25 million stays locked down beneath China’s “dynamic-zero” COVID coverage.

Taiwan-based Quanta places collectively about three-quarters of Apple (NASDAQ:)’s international MacBook manufacturing and likewise manufactures laptop circuit boards for Tesla (NASDAQ:).

Quanta didn’t reply to a request for touch upon the movies, which appeared on Chinese language social media platforms earlier than being taken down. Apple declined to remark and Tesla didn’t reply to a request for remark.

Quanta arrange its closed-loop to restart work on the manufacturing facility on April 18 with about 5% of its workforce, or 2,000 workers, with plans to triple that by April 22. Chinese language state media touted the restart for example of how Shanghai was conserving enterprise open within the nation’s largest financial hub, whereas adhering to stringent COVID measures.

DAILY CASES

However instances have been reported day by day at an deal with belonging to the campus from March 26 to Might 4, in keeping with Shanghai authorities information. Quanta has not disclosed the variety of instances amongst its employees.

Calls in search of assist to deliver consideration to constructive instances which weren’t being remoted at Quanta started showing on Weibo (NASDAQ:) from April 6, 5 days after Shanghai carried out a city-wide lockdown.

Extra appeared all through the month and workers started posting pictures and accounts on Douyin, the Chinese language equal of TikTok, that confirmed dozens of employees queuing for buses to be taken to central quarantine amenities.

In addition they took movies of themselves resting in Shanghai’s Nationwide Exhibition and Conference Middle, one of many metropolis’s largest quarantine centres, in addition to at a facility purpose-built to accommodate Quanta employees.

Reuters was not capable of independently confirm the footage, however two workers and an individual with direct data of the campus’s operations stated there have been a number of infections there.

“Every dormitory reported just a few constructive instances a day, and ultimately everybody grew to become constructive,” stated one of many two employees, who gave his surname as Li, including that there have been eight instances in his room, together with him.

Staff stated that instances had been typically not remoted for days after testing constructive and the individual with direct data of the campus’s operations stated there weren’t sufficient isolation areas, leading to continued infections.

That was a set off for Thursday night time’s chaos, workers stated, as rumours unfold that constructive instances had been discovered amongst these working within the factories.

The employees had been spooked by an order telling them to not return to their dormitories, elevating fears that they might be locked down contained in the plant.

Whereas the movies of the fray had been taken down by this weekend, dialogue continued on Weibo and Douyin, with one consumer merely saying, “What a multitude”.



Source link

Tags: AppleChaosCOVIDlockdownQuantaReutersShanghaishowsstrainsSupplier
ShareTweetShareShare
Previous Post

Germany’s conservatives on observe to win vote in northern state By Reuters

Next Post

The “Base Hit” Rental Properties That Will Make You Wealthy

Related Posts

All the “Buy into SpaceX Early” Teaser Pitches — What are they recommending?

All the “Buy into SpaceX Early” Teaser Pitches — What are they recommending?

by Index Investing News
January 27, 2026
0

One thing has been consistently true about the investment marketing business, at least for as long as I’ve been paying...

The New Food Pyramid – Meb Faber Research

The New Food Pyramid – Meb Faber Research

by Index Investing News
January 15, 2026
0

Lots of chatter about the new Food Pyramid, which is a near inverse of the rankings...

Martin Marietta Materials: Residential Recovery And Margin Expansion Drives Growth (MLM)

Martin Marietta Materials: Residential Recovery And Margin Expansion Drives Growth (MLM)

by Index Investing News
January 7, 2026
0

This article was written byFollowI have over 15 years of experience investing and have provided research services to mid-sized hedge...

U.S. stocks show little reaction to Trump’s extraordinary Venezuela action. Why investors see a bull case

U.S. stocks show little reaction to Trump’s extraordinary Venezuela action. Why investors see a bull case

by Index Investing News
January 19, 2026
0

The stock market showed little reaction to President Donald Trump's extraordinary action in Venezuela as investors bet the attack, as...

Silver futures log worst day since 2021, retreating sharply from record

Silver futures log worst day since 2021, retreating sharply from record

by Index Investing News
December 30, 2025
0

A selection of one kilogram silver bars at Conclude Zrt bullion dealer arranged in Budapest, Hungary, on Monday, Feb. 17,...

Next Post
The “Base Hit” Rental Properties That Will Make You Wealthy

The “Base Hit” Rental Properties That Will Make You Wealthy

Ukraine-Russia warfare LIVE: Boris Johnson pledges £1.3 billion as Putin’s ‘BRUTAL assault’ is ‘threatening peace’ in europe

Ukraine-Russia warfare LIVE: Boris Johnson pledges £1.3 billion as Putin’s ‘BRUTAL assault’ is ‘threatening peace’ in europe

RECOMMENDED

Volatility: Study with ETMarkets: How one can use volatility to generate earnings from short-term fairness buying and selling

Volatility: Study with ETMarkets: How one can use volatility to generate earnings from short-term fairness buying and selling

July 31, 2022
Who Is Monica Garcia? Meet The ‘RHOSLC’ Season 4 Star – Hollywood Life

Who Is Monica Garcia? Meet The ‘RHOSLC’ Season 4 Star – Hollywood Life

September 5, 2023
Theoretical Penalties Of Man-Made Gold – FREEDOMBUNKER

Theoretical Penalties Of Man-Made Gold – FREEDOMBUNKER

September 1, 2025
One other New Trailer for ‘The Matrix’ Celebrating its twenty fifth Anniversary

One other New Trailer for ‘The Matrix’ Celebrating its twenty fifth Anniversary

August 14, 2024
You Could Save Thousands by Moving to Miami, But It Isn’t All Rosy—Here’s What You Should Know

You Could Save Thousands by Moving to Miami, But It Isn’t All Rosy—Here’s What You Should Know

June 29, 2023
Leaders emphasise assist for WTO, rule-based worldwide buying and selling

Leaders emphasise assist for WTO, rule-based worldwide buying and selling

January 25, 2025
Spurs will hit the jackpot on Dejan Kulusevski this summer

Spurs will hit the jackpot on Dejan Kulusevski this summer

February 23, 2023
American Public Education Might Take Longer To Recover (NASDAQ:APEI)

American Public Education Might Take Longer To Recover (NASDAQ:APEI)

November 14, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In