Key companies such as SAIC Motor, US electric car maker Tesla and semiconductor makers such as SMIC and Hua Hong Semiconductor have resumed 80-90% of production in lockdown Shanghai. Covid-like, the Global Times reported on Saturday.
Companies on Shanghai’s initial whitelist have resumed over 80% of production, while chipmakers are now maintaining production at over 90%.
China has implemented a ‘whitelist’ approach to support the resumption of work of key companies and minimize the impact of Covid-19 on the supply chain.
“As of today, Shanghai’s whitelist allows a total of 1,854 companies to return to work,” the report said, citing officials.
To help workers return to their workplaces, Shanghai has issued digital access cards that include personal information such as identity, company and a negative Covid test result, “and shuttle buses carrying them. towards their company within the framework of a management in closed circuit”.
The city has so far issued more than 10,000 such cards and another 30,000 workers have returned to their jobs through other measures, the report said.
The ongoing Covid-19 shutdowns in China are expected to deal a major blow to Apple’s revenue for the April-June quarter, as the company reported an $8 billion loss in sales.
In Shanghai, 31 companies operate production facilities that supply Apple.
According to reports, some Apple suppliers have reopened facilities in bubble-like environments where workers stay indoors.
Foxconn, Apple’s main supplier, has kept production at its largest iPhone assembly plant in the Chinese city of Zhengzhou.
According to Chinese authorities, almost all of the victims of the Shanghai epidemic were elderly, unvaccinated and with underlying health conditions.
Read all the latest news, breaking news and live updates from IPL 2022 here.