Apple, others face shipment delays as China COVID curbs squeeze suppliers

"Apple may consider transferring the orders from Pegatron to Foxconn, but we expect the volume may be limited due to the logistics issue and the difficulty of equipment adjustment," said Taipei-based Eddie Han, a senior analyst at Isaiah Research.

As a worst-case scenario, Pegatron may fall behind on 6 million to 10 million iPhone units if the lockdowns last two months and Apple cannot reroute orders, Han said.