OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
SpaceX Updates Starlink Privacy Policy to Allow AI Training as xAI Merger Talks and IPO Loom 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
Instagram Outage Disrupts Thousands of U.S. Users 
SoftBank and Intel Partner to Develop Next-Generation Memory Chips for AI Data Centers 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
Apple has alerted investors and customers about the effects of the recent COVID-19 lockdowns affecting its iPhone 14 assembly plants in China. The company announced in a press release on Sunday that the restrictions would result in limited availability of the iPhone 14 Pro and iPhone 14 Pro Max models.
“COVID-19 restrictions have temporarily impacted the primary iPhone 14 Pro and iPhone 14 Pro Max assembly facility located in Zhengzhou, China. The facility is currently operating at significantly reduced capacity,” Apple said. “As we have done throughout the COVID-19 pandemic, we are prioritizing the health and safety of the workers in our supply chain.”
China imposed a week-long lockdown in Zhengzhou, China, that affected the industrial park housing Foxconn, Apple’s biggest manufacturer. The restrictions were implemented after the recorded locally transmitted cases went up from 95 to 358 in a day at the beginning of the month. The lockdown will remain in effect through Wednesday, Nov. 9.
In the same press release, Apple confirmed it continues to observe “strong demand” for both the iPhone 14 Pro and iPhone 14 Pro Max models. But the lower shipments caused by the recent COVID-19 lockdowns in China will result in longer wait times, especially for new orders.
Currently, new US orders placed through Apple.com for iPhone 14 Pro and iPhone 14 Pro Max already entail a month-long wait. Most configurations currently have an estimated delivery time between Dec. 8-14, depending on the delivery address.
Apple’s recent announcement also corroborates previous reports that the Pro models have been the most in-demand units among the four-device iPhone 14 series. Apple has not mentioned updates about the baseline iPhone 14 and iPhone 14 Plus productions. But an earlier report claimed that the tech giant asked its suppliers to “immediately halt” production activities for parts that are intended for the iPhone 14 Plus.
The iPhone 14 Pro models are equipped with more upgrades, including the new A16 Bionic chip, while the regular iPhone 14 Pro models still include the A15 processor released last year. The Pro models also exclusively feature an always-on display, the pill-shaped cutout and Dynamic Island, and a 48MP main camera.
Photo by James Yarema on Unsplash
