Parallel reports have all recently claimed that Apple has decided to "delay the mass production" of its upcoming "iPhone 12", but these reports don't offer any meaningful evidence that this could result in a materially late launch. Here's a look at why.
Workers at Apple's component manufacturing factories say that their hours are being cut, and some are losing jobs, as the coronavirus has larger impacts on the world's demand for products — and maybe the release date of the "iPhone 12" as well.
Foxconn's innovation centers in Wisconsin are still largely unused, an investigation one year after the initial discovery reveals, despite assurances the Apple assembly partner will get its facilities in the state operational during 2020.
Maybe 2019 was practice for Apple, as it is now used to releasing new products via a press release. That's what it had to do in March 2020 as the whole world self-isolated, and Apple Stores closed their doors.
A new report into Foxconn's financial situation suggests that it isn't the "iPhone 12" at risk for a later than expected release, but Apple products currently in development for future years will be affected by the COVID-19 outbreak the most.
The coronavirus outbreak has made an impact on Foxconn's finances with the iPhone assembly partner enduring its biggest year-on-year drop in revenue for a month in a seven-year period due to the virus affecting its production pipeline.