Research into both the manufacturing and retail impact of the outbreak claim that closed stores and delayed launches will reduce smartphone sales in China by as much as 50% for the first quarter.
Apple analyst Ming-Chi Kuo sees significant uncertainty surrounding iPhone production in China because of the ongoing coronavirus, and has detailed what he is seeing so far at Apple assemblers Foxconn and Pegatron.
The local authorities of Shenzhen have denied reports it is blocking Foxconn from reopening on February 10 over fears of spreading the coronavirus further, claiming it is still working with the Apple assembly partner on how to enable production to proceed while keeping workers safe.
Apple assembly partner Foxconn has been told by Chinese authorities it cannot open its production facilities in China due to the coronavirus outbreak, due to the "high risks" of infection determined following an inspection by public health experts.
Key Apple supplier Foxconn has told its Shenzhen staff not to return to work after the current and extended holiday just yet, because of continuing coronavirus concerns.
As a result of the Coronavirus, Foxconn will quarantine returning workers for up to two weeks — and admits that it won't quite be able to assemble as many devices — including iPhones — in the quarter.
Production of the iPhone could be disrupted by the coronavirus outbreak if things get much worse, with Apple assembly partner Foxconn reportedly halting the majority of its production in China until February 10.
Apple manufacturing partner Foxconn on Tuesday said provisions have been made to meet production obligations in China as the region faces a deadly coronavirus outbreak, a situation the iPhone maker is closely monitoring.
As the 2019 Novel Coronavirus continues to spread across China, Apple will see some impact from the outbreak — but to what extent various aspects of its business will be impacted remains to be seen.
Foxconn will be getting its Wisconsin factory up and running in 2020, company chief Terry Gou has promised, insisting the Apple assembly partner will start mass production at the troubled facility at some point this year, despite its slow progress.
Foxconn has denied a Tuesday report claiming it was canceling investment in India valued at $5 billion, one that alleged there was an internal dispute between the iPhone assembly partner and Apple itself.
Japan Display has reached out to both Apple and Sharp Corp in hopes of selling off its main smartphone screen factory in hopes to settle its massive debt.
Apple assembly partner Foxconn is reportedly investigating claims its employees have conducted fraud using iPhone components, by selling iPhones with parts that were deemed defective and were expected to be destroyed.
China has not just asked state-owned business to stop buying American agriculture, but it has also devalued its own currency to counter President Donald Trump's 10% tariff threat on $325 billion in electronics — and it is having a profound impact on Apple's stock and that of its suppliers.
Apple assembly partner Foxconn is reportedly considering the sale of an $8.8 billion display panel factory in China in reaction to the ongoing U.S.-China trade war.
In the latest chapter of the ongoing trade war, President Donald Trump has threatened to levy a 10% tariff on electronics from China, including most of Apple's product line, in retaliation for moves by the Chinese government.
Apple's iPhone manufacturer is recruiting for more staff and is also offering cash rewards to keep existing employees ahead of ramping up production for the three models expected to be released this year.
