World's largest iPhone plant in China gives sign-on bonus amid Omicron curbs

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World's largest iPhone plant in China gives sign-on bonus amid Omicron curbs
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Apple's largest iPhone factory is giving up to $1,500 in sign-on bonuses to attract workers amid China's Omicron lockdowns as Chinese New Year approaches

Foxconn's Zhengzhou production site employs more than 300,000 workers and accounts for half of the world's iPhone production, according to the SCMP.

Foxconn's hiring bonuses come amid a surge in the Omicron variant of the coronavirus in Zhengzhou, located in Henan province. Parts of the city are underFoxconn said last week that the outbreak had not affected production at the Zhengzhou factory, China'sThe factory's hiring plans are also complicated by Chinese New Year, which starts on February 1.

reported Apple sold 40 million iPhone 13s over the holiday season, citing Wedbush analyst Daniel Ives. Demand outstripped supply by around 12 million units in the fourth quarter of last year, Ives added.Sign up for notifications from Insider! Stay up to date with what you want to know.

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