Already this morning, you could read the report from the Nikkei server, which claims that Apple he left reduce production iPhone 6s by 30% due to weak interest during the Christmas season. Given that it was the "s" generation and the fact that the mobile market is becoming saturated, there is reason to believe this administration. To make matters worse, the Wall Street Journal published a related report that Foxconn, the main manufacturer of iPhones for Apple, a financial injection from the Chinese government in the amount of 12,6 million dollars as part of a program aimed at combating unemployment.
The factory in Zhengzhou, where Foxconn manufactures Apple phones, received from Applu instruction to reduce the production of parts, which would probably mean a wave of layoffs in our region, during which many people would lose their jobs. In China, or in this factory alone, hundreds of people would then lose their jobs, and because the government there does not want unemployment to increase in the country, it provided financial assistance to Foxconn to pay the redundant workersancom even at a time when the factory will not be as active as before.
People in the factories can thus breathe a sigh of relief and, to be sure, find employmentancand even several got their leave much earlier than usual. Most people are only entitled to leave from February/February, but some may have started taking time off as early as last month. In addition to Foxconn, 134 other companies in the area also received financial assistance, but Foxconn received more than half of all allocated money, which, according to IDC analyst James Yan, is directly related to lower iPhone sales. We'll find out on January 26th, when, if iPhone sales really dropped Apple will announce financial results for the first quarter of fiscal year 2016.
