Apple

After Weeks of Being Locked Down, Workers Clash With Guards at an Apple Supplier’s Factory in Shanghai

A worker looks past a fence in a compound during a Covid-19 coronavirus lockdown in the Jing’an district of Shanghai on May 25, 2022. HECTOR RETAMAL/AFP via Getty Images By Bloomberg May 27, 2022 1:30 AM EDT Violent clashes, mounting infections and vacant factory floors: the turmoil that’s engulfed tens of thousands of workers at…

CHINA-HEALTH-VIRUS
A worker looks past a fence in a compound during a Covid-19 coronavirus lockdown in the Jing’an district of Shanghai on May 25, 2022.
HECTOR RETAMAL/AFP via Getty Images

May 27, 2022 1:30 AM EDT

Violent clashes, mounting infections and vacant factory floors: the turmoil that’s engulfed tens of thousands of workers at an Apple Inc. supplier in Shanghai is a troubling symptom of China’s extreme efforts to keep factories humming during its worst Covid outbreak since 2020.

Trapped in a bubble for almost two months, locked down by government decree and walled off from the outside world, Quanta Computer Inc.’s mostly low-wage workers are demanding more freedom and beginning to revolt against their overseers, people familiar with the matter said, asking not to be identified for fear of reprisals.

Hundreds of workers have clashed with guards. A large contingent, worried that their supplies would run out should the lockdown persist, flooded past guarded isolation barriers earlier this month in search of daily necessities, according to several employees. Over the past weekend, media reports went viral of a large group storming a dormitory housing Quanta’s Taiwanese managers after a dispute over the prolonged lockdown and pay — triggering an hours-long standoff confirmed by several workers within the compound.

The incidents underscore how sentiment is souring on a lockdown that’s up-ended the lives of 25 million Shanghainese since March.

“People are getting frustrated and tired of these controls,” one of the workers said. “That’s inevitable, especially when there is no timeline on when all this will end.”

Read More: Shanghai’s COVID-19 Lockdown Pushes Residents to the Brink

Quanta and Apple representatives declined to comment for this story. In April, Quanta said in a filing to the Taiwan exchange that it was halting production at its Shanghai site and adopting measures in compliance with the local government’s regulations to protect its staff.

The upheaval at one of the most prominent manufacturers operating out of the affluent eastern Chinese region adds to the growing tumult across society and industry over virus curbs. The speed with which the situation escalated in Shanghai — home to marquee names from Tesla Inc. to General Motors Co. — is a stark warning to policy makers trying to stamp out infections through unprecedented quarantine measures. Worker unrest risks disrupting a vast manufacturing sector at a time China’s struggling to meet its official 5.5% growth target.

It’s not just laborers. In past months, college students in Beijing have rebelled; housing compounds have staged protests; and social media users posting critical videos have tried to outwit an army of censors.

Yet the chaos at Quanta exposes a more consequential breakdown in Beijing’s Covid Zero strategy: China’s mandarins have insisted that the world’s No. 2 economy can keep going amid lockdowns, through measures like those now in force at the MacBook maker. The reality is far more complicated.

Travelers wait for their trains at Hongqiao Railway Station in Shanghai, China Sunday, May 22, 2022.
MING DE/ Feature China/Future Publishing via Getty Images

The economic impact of China’s zero-COVID strategy

It’s unclear how widespread factor

!–>!–>!–>
Read More

Be the first to write a comment.

Leave a Reply

Your email address will not be published. Required fields are marked *

Apple

New Apple CEO’s LinkedIn leaves everyone saying the same thing

Many social media users associate LinkedIn with a certain type of cringey business-speak. Ternus’s profile is a little different.

Many social media users associate LinkedIn with a certain type of cringey business-speak. Ternus’s profile is a little different.
Read More

Continue Reading
Apple

Did Jacob Misiorowski really hit an apple off Quinn Priester’s head?

The Brewers’ social media team has been killing it.

The Brewers’ social media team has been killing it.
Read More

Continue Reading
Apple

Apple Music pokes fun at latest Spotify price increase

Last month, Spotify announced a new round of price increases for subscribers in the United States and other countries. As the price increases start to go into effect starting with February renewals, Apple Music is poking fun at Spotify’s drama on social media. Apple Music is also offering a free three-month trial right now…

Last month, Spotify announced a new round of price increases for subscribers in the United States and other countries. As the price increases start to go into effect starting with February renewals, Apple Music is poking fun at Spotify’s drama on social media.

Apple Music is also offering a free three-month trial right now…
Read More

Continue Reading
Apple

Trust Wallet integrates Apple Pay to streamline cryptocurrency purchases

Individuals can now buy crypto on Trust Wallet using Apple Pay. The feature is currently available in more than 45 countries. Such updates reduce entry barriers into the crypto and blockchain world. Trust Wallet, one of the reputable digital asset wallets, has made another step toward promoting cryptocurrency adoption. It has confirmed adding Apple Pay


Trust Wallet integrates Apple Pay to streamline cryptocurrency purchases

  • Individuals can now buy crypto on Trust Wallet using Apple Pay.
  • The feature is currently available in more than 45 countries.
  • Such updates reduce entry barriers into the crypto and blockchain world.

Trust Wallet, one of the reputable digital asset wallets, has made another step toward promoting cryptocurrency adoption.

It has confirmed adding Apple Pay today, November 27, on X, allowing individuals in more than 45 countries to purchase their favourite virtual tokens within seconds.

Notably, the new feature promises an enhanced experience for new and existing users. The announcement read:

Trust Wallet has integrated Apple Pay. Buy your first crypto in seconds. Available in 45+ countries.

Indeed, purchasing digital tokens has been challenging for newbies, with lengthy verification procedures, numerous account setups, and limited payment methods often discouraging them.

Trust Wallet wants to address this challenge. With the integration of Apple Pay, it aims to make digital assets more accessible than ever, as individuals can now buy their “first crypto in seconds.”

How to get started

Depositing funds in a Trust Wallet account using Apple Pay is straightforward.

Users only need to open the app, visit the ‘Fund’ tab, and choose Apple Pay as the desired payment option.

Everything takes a few taps, mirroring the smooth experience when using Apply Pay for day-to-day purchases.

Most importantly, Trust Wallet benefits from Apple Pay’s credibility and security features, which include Touch ID, encrypted payments, and Face ID.

That promises streamlined crypto purchases that don’t compromise user safety.

Trust Wallet expands footprint globally

The team confirmed that users in more than 45 countries can access the Apple Pay transaction option.

Trust Wallet is lowering barriers to joining crypto, which will likely make it an entry point for millions who have struggled to access the digital assets market.

Individuals in jurisdictions with limited options to participate in the cryptocurrency industry now have a swift and secure option.

TWT price outlook

Trust Wallet’s native token remained somewhat muted in the past 24 hours.

The alt is trading at $1.08 after a slight 0.09% uptick on the daily price chart.

TWT has consolidated over the past week after losing nearly 15% in the last 30 days, influenced by broader selling pressure.

Meanwhile, TWT has underperformed the broader market today.

CoinMarketCap data shows the value of all cryptocurrencies increased by more than 3% the last 24 hours to $3.12 trillion.

Bitcoin is trading at $91,480, pumping the altcoin space as risk-on sentiments surfaced.

For now, Bitcoin should reclaim the key zone between $93,000 and $94,000 to shift its near-term trajectory to bullish.

That can support steady upswings towards the $100,000 psychological market.

However, a sudden selling wave will see it retracing to the ‘new’ liquidity region at $85,000 – $86,000.

Read More

Continue Reading