Widespread Chinese lockdowns have begun to exact a toll on global supply chains. Even Apple has been unable to avoid the ructions.
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As Apple was revealing its newest products on Tuesday, one of its primary suppliers was enduring a ransomware attack from a Russian operator claiming to have stolen blueprints of the US company’s latest products.
Data suggests we’ve experienced more of a June Jump than a sustained recovery. Further, it appears limited to only a slice of the hardware sector – chips and PC products.