IPhone assembler Pegatron Corp. suspended production at its Chinese plants in Shanghai and Kunshan as the country’s policies to control the worst virus outbreak in two years disrupt global supply chains. Resumption of output at the sites will depend on notifications from the government, Pegatron said in an exchange filing Tuesday. The company is continuing to assess the suspension’s impact on its finances. The Taiwanese company makes iPhones in Shanghai and nearby Kunshan, both under lockdowns as China pursues its Covid-zero strategy. Pegatron had been able to keep production humming thus far as local governments allowed some manufacturers to maintain their operations with a closed-loop system that reduces the chances of workers getting infected. Pegatron splits iPhone assembly orders in China with bigger Taiwanese rival Foxconn Technology Group and Chinese peer Luxshare Precision Industry Co. Foxconn suspended […]