Apple (NASDAQ: AAPL) is increasingly experiencing the downside of production in China. Workers at Foxconn, a China-based iPhone supplier, have slowed production in a dispute over overdue pay. And COVID-19 lockdowns in the area have also taken a toll on both the factory workers and overall production.

The slowdowns are significant enough that some Wall Street analysts forecasted slower iPhone sales despite high demand. Now, the question for investors is how the slowdowns might affect the investment thesis for Apple.

Analysts at Wedbush Securities now predict iPhone production slowdowns at a Foxconn factory. Foxconn is an Apple supplier based in China, and workers there have protested because they have not received overdue pay, leading to production slowdowns for the iPhone. Officials in China have also placed the city of Zhengzhou, the home of the Foxconn factory, under lockdown in pursuit of a zero-COVID policy.

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Source Fool.com