https://wccftech.com/foxconn-factory-shutdown-have-little-iphone-production-impact/

Shenzhen saw a rise in COVID-19 cases, enforcing a lockdown that caused Foxconn to suspend its operations in the region until further notice. This decision also meant a halt in iPhone production. Fortunately, experts weigh in on the latest closure, stating that it will not hamper production as much as previously anticipated.

J.P. Morgan analyst Gokul Hariharan wrote in a note dated Monday that iPhone production will not be affected immensely.