China's coronavirus might disrupt Apple's production plans for the iPhone - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

China's coronavirus might disrupt Apple's production plans for the iPhone

"The [coronavirus] situation in China could affect the planned production schedule," said the executive.

Apple is reportedly gearing up to start manufacturing a new model of iPhone that's smaller and cheaper than the current generation, with rumors circulating that the new model will have aBut the new more affordable iPhone could be hit by the disruption, with two sources telling Nikkei that although production was meant to start in the third week of February, that could change due to the outbreak.

Apple has also been on a more general production drive according to Nikkei, with industry sources saying 80 million iPhone units have been ordered for the first half of 2020 — up more than 10% from last year. Wuhan, the city where the virus first originated, is currently on lockdown and five more cities in Hubei province have brought in restrictions on gatherings and transport. Nikkei notes that Apple has its main manufacturing centers in neighboring Henan and nearby Guangdong provinces. Henan contains Apple supplierLast week Foxconn CEO Terry Gou

for the Lunar New Year not to return to China. "I advise everyone not to go to the mainland for this coming new year holiday," he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Why Apple won't kill the iPhone's Lightning charger anytime soon - Business InsiderThe EU wants a common charging standard for smartphones, which would mean killing the iPhone's Lightning port. Here's why that probably won't happen.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Synovus's Dan Morgan remains an Apple bull, despite stock surge - Business InsiderSynovus Trust's Dan Morgan is still a bull on Apple, even though the company's stock has surged over the last year. CoronaVuris will not stop the Apple pump 😉 At least not until they sell first. Those tax cuts along w that are making a killing for those ppl.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Starbucks shares plunge after company shutters China locations near coronavirus outbreak | Markets InsiderShares plunged in early trading after Starbucks announced coronavirus concerns have led the company shut down operations in China's Hubei provin...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Facebook, others restrict business travel to China as warnings growFacebook Inc and other global companies including LG Electronics Inc ... What Facebook is doing in China anyway? Aren't they banned there? As President, isn't it about time that Trump restricts travel to and from China? Check this Out! Summary of the Novel CoronaVirus Conspiracy (2019-nCoV) Conspiracy Theory of the Novel CoronaVirus
Source: Reuters - 🏆 2. / 97 Read more »