21:44:37 EST Fri 09 Dec 2022
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Apple CDR (CAD Hedged)
Symbol AAPL
Shares Issued 4,850,000
Close 2022-11-23 C$ 22.78
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FP/wire say workers rebel at Chinese Apple iPhone plant

2022-11-24 09:39 ET - In the News

The Financial Post reports in its Thursday edition that hundreds of workers at Apple's main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost a month under tough restrictions intended to quash a COVID-19 outbreak. A Bloomberg dispatch to the Post says that workers at the Foxconn Technology Group plant streamed out of dormitories in the early hours of Wednesday, jostling and pushing past the white-clad guards they vastly outnumbered, according to videos sent by a witness to portions of the protest. Several white-suited people pummelled with sticks a person lying on the ground in another clip. Onlookers yelled "fight, fight!" as throngs of people forced their way past barricades. The protest started overnight over unpaid wages and fears of spreading infection, according to the witness. Apple's Canadian-traded shares closed Wednesday at $22.78, up 11 cents on the NEO Exchange.

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