Apple’s iPhone shipments plunged more than 60% last month, according to official Chinese data, as the coronavirus forced the US technology giant to close stores in the world’s largest smartphone market.
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Apple’s highly anticipated 5G iPhone could see a delayed release as a result of the coronavirus, according to BofA, which cited a conversation with an expert on the company’s supply chain.
Apple has warned retail employees about shortages of replacement iPhones, another sign the coronavirus outbreak is straining the company’s supply chain.
Some products from Apple, Facebook and HP are in short supply in a possible sign of the coronavirus outbreak’s effect on the global manufacturing system.
Apple CEO Tim Cook suggested the iPhone maker wouldn’t make any quick moves out of China in light of interruptions due to the coronavirus and called the situation a “temporary condition”.
Apple’s supply chain, which is heavily reliant on China, will probably take more than a month to get back to full capacity at the earliest amid disruptions caused by the coronavirus, according to Wedbush analyst Daniel Ives.
Huawei reaffirmed its bet that expensive folding smartphones will excite consumers into upgrades, and that Apple’s iPad Pro is a design worth imitating for a new line of tablet computers.
Samsung Electronics, LG Electronics and other companies in South Korea are taking precautions against the coronavirus after a rising number of cases in the country.
Samsung Electronics will shut down operations at a plant in Gumi City, South Korea, after an employee was confirmed to be infected with the coronavirus.
Many iPhone users are wed to Apple’s ecosystem, but the latest Galaxy device from Samsung Electronics may finally get them to turn a curious eye.