Wuhan coronavirus


'Wuhan coronavirus' Articles

Apple Says March Quarter Revenue Will Fall Short Due to Coronavirus Impact [Updated]

Apple today issued an update on its financial guidance for the March quarter, announcing that the company will not meet its revenue goals due to the impact of the COVID-19 coronavirus epidemic in China.Our quarterly guidance issued on January 28, 2020 reflected the best information available at the time as well as our best estimates about the pace of return to work following the end of the extended Chinese New Year holiday on February 10. Work is starting to resume around the country, but we are experiencing a slower return to normal conditions than we had anticipated. As a result, we do not expect to meet the revenue guidance we provided for the March quarter due to two main factors.Apple cites both constrained iPhone supplies worldwide and lower customer demand for Apple products in China as the main impacts on performance for the quarter. On the ‌iPhone‌ supply side, Apple says all of its manufacturing partner facilities are located outside of the Hubei province epicenter for the epidemic and have reopened, the ramp-up to full production has been slower than expected. As for customer demand in China, Apple says store closings and limited hours have significantly reduced customer traffic, although corporate offices and contact centers have reopened and online stores have remained open. Apple says it is continuing to monitor the situation and will provide additional information on its quarterly earnings call in April. Apple also says it is more than doubling its previously announced donation to help in the public health fight against the Wuhan coronavirus.

Global Notebook Shipments in Q1 2020 Estimated to Decrease 29-36% Following Coronavirus Outbreak

Following reports of potential production delays on iPhone components and even shipping delays for products like the Mac Pro, DigiTimes reports today that global notebook shipments could fall up to 36 percent in the first quarter of 2020 due to the coronavirus outbreak. This includes Apple supplier Quanta Computer, which produces Apple's MacBook line. Suppliers like Quanta have moved volume production to facilities in Taiwan to meet client needs, but a component shortage is believed to continue to affect shipment numbers. This shortage is due to suppliers who are prevented from going to work following the outbreak. This component shortage is predicted to cause disruptions to the supply chain in March. Meanwhile, Quanta is said to be moving to accelerate volume production at its new facilities in Taiwan in order to fulfill rush shipments to its clients in the United States. Previously, global notebook shipments were predicted to fall about 17 percent in Q1 2020, but that number has been increased to between 29 and 36 percent as of DigiTimes' latest research. "Severe labor and components shortages and stagnant logistics arising from the coronavirus outbreak are derailing supply chain in China, which commands over 90% of global notebook

Apple Stores in Beijing Screening Customers for Fever Amid Coronavirus Outbreak

As expected, Apple reopened its five retail stores in the Beijing area today as the Wuhan coronavirus outbreak in China continues. In a video shared by CNBC senior correspondent Eunice Yoon, Apple employees can be seen checking the body temperatures of customers as they enter the store for signs of fever. Yoon says Apple is also limiting the number of customers allowed in the store at once, resulting in smaller crowds than normally seen. The stores in Beijing have reduced hours of 11 a.m. to 6 p.m. local time. Apple's other stores in China remain closed until further notice. There remains a lot of uncertainty regarding the coronavirus outbreak, which has resulted in extended shipping estimates for some Apple products and could impact the company's overall revenue this quarter. Apple operates over 40 stores in China, which represents less than 10 percent of its retail locations worldwide. Business attempts to normalize in #China despite #coronavirus. @Apple reopens its 5 Beijing stores today. Limited hours (11a-6p v. usual 10a-10p). One entrance only with temperature checks. $AAPL restricts # customers in stores. Busy but not thecrowds would see on #ValentinesDay. pic.twitter.com/FoKUrKKkc9— Eunice Yoon (@onlyyoontv) February 14, 2020 Apple recently provided its retail stores, authorized service providers, and carrier partners with an enhanced cleaning guide that recommends that demo Apple products be cleaned at least twice per day. The document, shared with MacRumors, contains best practices for using microfiber cloths as well as hand washing tips for

Apple’s HomePod Places Sixth in Global Smart Speaker Market in Q4 2019

Apple shipped an estimated 2.6 million HomePods during the fourth quarter of 2019, earning it 4.7 percent of the smart speaker market, according to new estimates shared today by Strategy Analytics. Apple was the number six worldwide smart speaker market vendor, shipping fewer speakers than Amazon, Google, Baidu, Alibaba, and Xiaomi. Amazon was the number one smart speaker vendor in the world during Q4 2019, shipping an estimated 15.8 million speakers for 28.3 percent market share. Google came in second with 13.9 million speakers shipped and 24.9 percent market share, followed by Chinese brands Baidu, Alibaba, and Xiaomi. Apple shipped one million more HomePods in Q4 2019 than it did in Q4 2018 when it shipped 1.6 million, marking a 65 percent increase in growth. That didn't translate to a major increase in market share though as Apple ships so many fewer speakers than other brands. The overall smart speaker market was up 44.7 percent with 55.7 million total shipments, up from the 38.5 million shipped in the fourth quarter of 2018. Strategy Analytics says that it expects 2020 to be another record year for smart speaker sales despite the disruption to supply and demand caused by the coronavirus. There's no word on whether Apple will be able to increase speaker shipments in 2020, as Strategy Analytics says consumers are drawn to low prices."Consumer appetite for smart speakers remained undimmed during the all-important Q4 period as newly launched devices with improved feature sets and audio performance helped drive record quarterly shipments. Consumers

Apple Stores in Beijing Reopening Tomorrow With Limited Hours, Other Chinese Stores Remain Closed

Apple has updated its website to indicate that all five of its retail stores in the Beijing area will be reopening February 14 with limited hours of 11 a.m. to 6 p.m. local time until further notice, as noted by Reuters. Apple has yet to announce reopening dates for its other stores in mainland China, which remain listed as closed through at least February 19 on its website due to the Wuhan coronavirus outbreak. Apple began working toward re-opening its corporate offices and contact centers in the country earlier this week. The coronavirus outbreak has also impacted Apple's suppliers, including its largest manufacturing partner Foxconn, which is reportedly in the process of resuming operations at its factories across China. There remains a lot of uncertainty regarding the coronavirus outbreak, which has resulted in extended shipping estimates for some Apple products and could impact the company's overall sales. Apple operates over 40 stores in China, which represents less than 10 percent of its retail locations worldwide. Apple recently provided its retail stores, authorized service providers, and carrier partners with an enhanced cleaning guide that recommends that demo Apple products be cleaned at least twice per day. The document, shared with MacRumors, contains best practices for using microfiber cloths as well as hand washing tips for

Mobile World Congress 2020 Canceled Due to Coronavirus

Mobile World Congress, a major smartphone trade show event held each year in Barcelona, Spain, has been canceled in 2020 due to the coronavirus outbreak. The Mobile World Congress event in Spain is a huge trade show that's important to the tech world because it's where many device manufacturers announce new smartphones and other hardware. Apple doesn't participate, but many other major brands make announcements at MWC. Starting in early February, multiple vendors began pulling out of the event, citing concerns about the coronavirus and the potential for spreading it at such a large event. Intel, LG, Nokia, Vodafone, ZTE, Nvidia, Sony, Amazon, Cisco, Ericsson and other notable companies canceled press conferences and attendance plans. Given the number of companies refusing to go to MWC, the GSM Association responsible for organizing the event today confirmed to Bloomberg that it's canceled. GSMA CEO John Hoffman said that the virus outbreak has made it "impossible" to hold the event. The GSMA initially attempted to continue on with MWC, implementing disinfection measures, banning attendees from certain areas in China, and more, but too many companies exited the event. Canceling MWC is similar to canceling CES, as it is a huge deal for new product launches and partnerships. The coronavirus, which originated in Wuhan, China, has infected more than 42,000 people and more than 1,000 people have died, primarily in

DigiTimes: Apple Suppliers Gearing Up for iPhone SE 2, But iPhone 12 Production May Fall Behind Schedule [Updated]

Taiwan-based suppliers are gearing up for production of a new lower-cost iPhone, a device that has been tentatively referred to as the iPhone SE 2 or iPhone 9, according to paywalled information shared by DigiTimes. While the lower-cost iPhone may be on track, DigiTimes also reports that Apple has stopped sending engineers to China to assist with the Engineering Validation Test or EVT stage of iPhone 12 development. Last month, Apple said it was restricting travel to China to "business critical" purposes only due to the Wuhan coronavirus outbreak, which has also forced many Apple suppliers to suspend operations. As a result, DigiTimes believes iPhone 12 models are unlikely to enter production in June, citing unnamed industry sources. Given the coronavirus outbreak is a fluid situation, though, timeframes may change. If the production delay ends up materializing, it is still very possible that Apple will announce its iPhone 12 lineup in September as usual, even if supply of the devices is tighter than usual. Rumors suggest that the iPhone 12 lineup will include four new models, including one 5.4-inch model, two 6.1-inch models, and one 6.7-inch model, and each will likely be equipped with a faster Apple-designed A14 chip. DigiTimes expects A14 chip orders to be 50-60 percent higher than A13 chip orders. All of this information was shared in DigiTimes' Daily Digest for paying subscribers, with the full reports likely to be released by tomorrow. Update: The full DigiTimes report has been released and, as we suspected, it claims that the iPhone 12

New Mac Pro Facing Lengthy Delivery Estimates, Possibly Due to Coronavirus

Last week, we reported that many custom iMac, iMac Pro, and MacBook Pro configurations are facing longer-than-usual delivery estimates on Apple's online store in the United States. The reason for the delays is unconfirmed, but it could be related to the Wuhan coronavirus outbreak in China that has forced many of Apple's suppliers to temporarily close their factories and suspend production. While some factories are beginning to resume operations, initial production appears to be limited. In any case, the delay has extended to the new Mac Pro. In many European countries, for example, the base model without any customizations is currently estimated for delivery on March 10. While the new Mac Pro is assembled in the United States for orders placed in the Americas, European orders are assembled in China. The new Mac Pro also has a February 24-26 delivery estimate in the United States, despite being assembled in Texas, possibly because some components are still sourced from temporarily-closed suppliers in China. The coronavirus outbreak is a fluid situation, so it remains unclear what its impact might be on upcoming Apple products. Last month, analyst Ming-Chi Kuo outlined his expectations for several new Apple products in the first half of 2020, including refreshed MacBook Pro/Air models, refreshed iPad Pro models with a triple-lens rear camera system, Tile-like item tracking tags, high-end wireless headphones, a small wireless charging mat, and a new lower-cost 4.7-inch

Foxconn Aims to Reopen Half of Assembly Plants in China by End of February

Reuters reports that Apple's main iPhone assembler Foxconn aims to reopen half of its manufacturing facilities in China by the end of February. The move would allow production lines to be phased back into action following the extensive lockdown in the wake of the coronavirus outbreak. Taiwan's Foxconn hopes to resume half of its production in China by month-end, a source told Reuters on Wednesday, as the supplier to tech giant Apple and others reopens plants shut over a coronavirus outbreak. The world's largest contract electronics maker also aims to resume 80 percent of production in China in March, added the source, who has direct knowledge of the matter, citing internal targets set by Chairman Liu Young-Way.Foxconn was originally planning to reopen its factories on February 10 to begin production on Apple devices after the Lunar New Year holiday, but the company's plans were put on hold due to the ongoing viral outbreak while facility inspections were performed. Local governments are concerned the virus will spread quickly in a labor-intensive working environment. Foxconn this week got the go-ahead to reopen some major plants in China, and its plant in the eastern city of Kunshan was also approved on Tuesday to resume production. However, only around one tenth of the workforce had returned to two key plants in southern Shenzhen and central Zhengzhou as of Monday, a source told Reuters. Apple has also extended the shutdown of its own retail stores in China. Stores were supposed to open on Monday, but Apple has decided to wait until February 15. Apple

Apple Reportedly Working on 'AirPod Pro Lite' Earphones

Apple is said to be working with supply chain partners in Taiwan on several upcoming products, including a so-called "AirPod Pro Lite," according to DigiTimes. Other products mentioned include next-generation iPad, Apple Watch, and iMac models, all of which will be due for updates in the coming months, although some like the ‌iPad‌ and ‌Apple Watch‌ are unlikely to launch before September. The AirPod Pro Lite mention comes without further details, buried in a report about Apple looking to ramp up production with partners in Taiwan as it seeks to geographically diversify Apple's supply chain amid the ongoing coronavirus epidemic that has significantly impacted production in China.Apple, maintaining partnerships with supply chains in both Taiwan and China, may have its Taiwanese partners handle more production of new-generation ‌iPad‌, ‌Apple Watch‌, AirPod Pro Lite and ‌iMac‌ devices to be released later, as the epidemic has raised risks of raw materials supply shortages and shipments disruptions arising from uncertain resumption of normal operations at components suppliers and assembly plants in China, the sources said.It's unclear exactly what DigiTimes is referring to by "AirPod Pro Lite," as Apple just released the AirPods Pro in October of last year. That followed the launch of second-generation regular AirPods in March 2019, and with only $50 separating the ‌AirPods Pro‌ from the wireless case version of the regular ‌AirPods‌, we're not sure how a "Lite" version of the ‌AirPods Pro‌ would fit into Apple's lineup. While DigiTimes often has some insight into

Apple Expected to Sell More Than 100 Million True Wireless Hearables in 2020

Apple is predicted to sell more than 100 million true wireless hearables in 2020 as it continues to dominate the global market, according to new data from Counterpoint Research. In a report published today, Counterpoint said the global market size for true wireless hearables had beat expectations, growing 53 percent in the fourth quarter of 2019, compared to the same quarter the year previous. In total, 51 million units were sold in the quarter, while 130 million were sold for the full year. The U.S. was the main driver for the quarter, growing 76 percent year on year and accounting for 35 percent of the global market. Seasonal promotions and Apple's launch of AirPods Pro at the end of October. The launch of Apple's new ‌AirPods Pro‌ model in late October helped the company record steady 44% growth in 4Q19, with 6m units sold despite supply shortages. Apple's market share fell slightly to 41% QoQ as it attempted to keep up with swift overall market growth; market share for the full year reached 47%. Looking at the year ahead for the true wireless hearables market, Counterpoint senior analyst Liz Lee said: "We expect Apple to sell more than 100m true wireless hearables in 2020, including AirPods Pros, to maintain their comfortable lead in the market. The real competition will be for second place, especially in the premium market; Samsung, which sold 8m Galaxy Buds last year, will need further upgrades to those expected in the Galaxy Buds Plus, including noise cancellation and other advanced features and designs, in order to beat its rivals."The upbeat figures

Coronavirus Outbreak May Halve China's Smartphone Sales in First Quarter

Smartphone sales in China could be reduced by as much as 50 percent in the first quarter of 2020 because of the impact the coronavirus outbreak is having on the retail and manufacturing sectors, according to new research. Speaking to Reuters, research firm Canalys said that the closure of production facilities and retail stores by Apple and other tech companies will not only hit smartphone sales, but also impact product launches scheduled to take place in the first quarter of this year. "Vendors' planned product launches will be canceled or delayed, given that large public events are not allowed in China," said Canalys researchers. "It will take time for vendors to change their product launch roadmaps in China, which is likely to dampen 5G shipments."Apple isn't expected to unveil a 5G phone until September, when the "iPhone 12" series is expected to be announced, but other vendors like Huawei reportedly hoped to see a boost in sales on the back of China's 5G network rollout. Apple in early February closed all of its corporate offices, stores, and contact centers in China due to the coronavirus outbreak that originated in Wuhan. The stores aren't expected to reopen as planned on February 10 because of ongoing concerns. Meanwhile, Foxconn's Zhengzhou site, which is the most critical production site for the iPhone 11 and the upcoming low-cost iPhone, is seeing significant delays. The plant originally planned to resume work on February 2, but that has been postponed by at least one week. There have already been multiple reports suggesting these closures will

Kuo Warns of Delays and Low Labor Return Rates at Apple Supplier Factories in China Due to Coronavirus [Updated]

Apple analyst Ming-Chi Kuo today sent out a note to investors warning them to pay close attention to the epidemic changes of the coronavirus outbreak in China as it is impacting Foxconn, Pegatron, and other Apple suppliers. In the note, Kuo outlines the status of several major Apple suppliers as workers prepare to return to factories to resume production on Apple products. Foxconn's Zhengzhou site, which Kuo says is the most critical production site for the iPhone 11 and the upcoming low-cost iPhone, is seeing significant delays. Foxconn originally planned to resume work on February 2, but that has been postponed by at least one week. Kuo estimates that the labor return rate will be 40 to 60 percent of what it was prior to the Lunar New Year holiday when the facility reopens. Work at Foxconn's Shenzhen location focuses on the new 2020 iPhones, and the development team there, which accounts for 30 percent of total manpower, did not take a break during the holiday. Kuo says the plan initially filled other manpower gaps, but it has been postponed for at least a week. Labor return rates are estimated at 30 to 50 percent. Foxconn has moved production equipment to its sites in Taiyuan and India because of the delays in China, but production capacities are limited in those locations. A report yesterday suggested that Chinese health officials had denied Foxconn's plans to reopen its factories after conducting on-site inspections and finding fault with poor airflow and the use of central air conditioning, but Chinese authorities in a statement today said that they

Upcoming Low-Cost iPhone Again Rumored to Be Priced at $399

Apple is planning to price its rumored low-cost iPhone at $399, according to a new report out this week from Fast Company. The site was told by an unspecified source that the ‌iPhone‌ will "likely" sell for $399, backing up a previous report from Apple analyst Ming-Chi Kuo who said in October that the ‌iPhone‌ would be available at that price point. ‌iPhone‌ SE and iPhone 8 At $399, the new low-cost ‌iPhone‌ will have the same starting price as the 2016 ‌iPhone‌ SE, which is why some people have referred to it as an "iPhone SE 2." Others have been calling it the "iPhone 9," but we don't yet know what Apple will name it. We do know quite a bit about its specs, though, thanks to numerous leaks. The upcoming low-cost ‌iPhone‌ will be similar in design to the ‌iPhone 8‌, with thicker top and bottom bezels and a Touch ID Home button. It will be equipped with the same A13 chip that's available in the iPhone 11 and 11 Pro, and it is said to have 3GB RAM. To keep costs low, it will use a single-lens rear camera, though it's not known if the camera will be the same as the wide-angle camera in the ‌iPhone 11‌. It could be available in 64 and 128GB size options, and colors are expected include Space Gray, Silver, and Red. Render of low-cost ‌iPhone‌ SE from Onleaks Production on the new low-cost ‌iPhone‌ was supposed to begin in February, but Apple's supplier factories are shut down at the current time due to the ongoing coronavirus outbreak in China. It's not clear if this will affect production plans and if the launch date of the ‌iPhone‌ will be delayed. Prior

Foxconn's Plans to Restart Apple Device Production on Monday Were Called Off By Chinese Health Authorities [Updated]

Foxconn was originally planning to reopen its factories on Monday to begin production on Apple devices after the Lunar New Year holiday, but the company's plans were denied by Chinese Authorities due to the ongoing coronavirus outbreak, reports Nikkei. Public health experts told Foxconn that its Shenzhen factories face "high risks of coronavirus infection" after on-site inspections were conducted, with the information relayed to Nikkei through multiple sources. Health officials were concerned about the poor airflow in restaurants and dormitories, and the use of central air conditioning. "Violation of epidemic prevention and control could potentially face the death penalty," the internal meeting memo seen by the Nikkei Asian Review said.Foxconn's Zhengzhou complex, which is its biggest iPhone factory, has also cancelled plans to resume work on Monday. Local governments are concerned the virus will spread quickly in a labor-intensive working environment, and "no one wants to bear the responsibility of restarting work at this critical moment," one of the sources said. Foxconn on Friday cancelled flight bookings for Taiwanese employees to go back to China, and the company already told employees in Shenzhen not to return to work. The Zhengzhou complex will remain closed until it has until it has been evaluated and approved by the local government. Innolux, Foxconn's display arm, will also remain closed for the time being, and iPad supplier Compal Electronics also has plans to stay closed until February 17. Apple has also extended the shutdown of its own retail

Apple Stores in China Won't Reopen as Planned on February 10 Due to Coronavirus Concerns

Apple in early February closed all of its corporate offices, stores, and contact centers in China due to the coronavirus outbreak that originated in Wuhan, and at the time, the closures were expected to last through February 9. Apple's Head of People, Deirdre O'Brien, this morning sent out an email (via MacGeneration) to Apple employees as some prepare to transition back to work while others wait longer for word on when they can return. According to O'Brien, Apple is working to reopen Apple's corporate offices and contact centers next week, and is "actively working" to reopen retail stores at a date that "will be determined next week." Health protocols, local restrictions around public spaces, and additional cleaning have factored in to Apple's decision to delay store reopening. O'Brien's full letter to employees is below.Team, I want to thank every one of you for the care, flexibility and spirit you have shown over the past few weeks. Around the world, the entire Apple family stands committed to helping our colleagues, communities, suppliers, partners and customers in China as they care for their health and return to daily life. Apple's support for the global coronavirus response is broad and ongoing, including our donation to the public health effort. Since my last note, we have been in constant consultation with public health experts, government authorities and our teams and leaders in China. In light of those conversations, I want to share new information about Apple's workplaces. We are working toward reopening Apple's Corporate Offices and Contact

Many Built-to-Order iMac, iMac Pro, and MacBook Pro Models Currently Facing Extended Delivery Estimates

Built-to-order iMac, iMac Pro, and MacBook Pro models, excluding the low-end 13-inch MacBook Pro, are currently facing an extended delivery estimate of March 10 on Apple's online store in the United States. While custom configurations usually take more time to ship than standard configurations, current delivery estimates are even lengthier than usual. The reason for the delay is unknown, but on a speculative basis, it could be related to the Wuhan coronavirus outbreak in China that has forced many of Apple's suppliers to temporarily close their factories and suspend production. While some readers who tipped us to this news raised the possibility of an Apple event on March 10, the delivery estimate has changed on a daily basis, so any correlation would be purely coincidental. Nevertheless, Apple is expected to release a new 13-inch MacBook Pro with a scissor switch Magic Keyboard in the first half of 2020, and it is certainly possible that the notebook could be released in March. In fact, analyst Ming-Chi Kuo expects Apple to release many new products in the first half of 2020, including refreshed MacBook Pro and/or MacBook Air models, refreshed iPad Pro models with a triple-lens rear camera system, Tile-like item tracking tags with Ultra Wideband support, high-end wireless headphones, a small wireless charging mat, and a new lower-cost 4.7-inch

Foxconn Warns Staff to Keep Away From Shenzhen iPhone Plant as Virus Prevention Efforts Continue

Apple's main iPhone assembler Foxconn has told employees not to return to work at its Shenzhen facility in China when the extended Lunar New Year break ends on February 10, according to a memo obtained by Bloomberg. "To safeguard everyone's health and safety and comply with government virus prevention measures, we urge you not to return to Shenzhen," Foxconn wrote in a text message sent to employees. "We'll update you on the situation in the city. The company will protect everyone's work-related rights and interests in the duration. As for the happy reunion date in Shenzhen, please wait for further notice."Foxconn has reportedly halted almost all of its production in China as the government and businesses attempt to contain the coronavirus outbreak in the country, where more than 31,000 cases have been reported so far. It's unclear whether the Shenzhen policy extends to all employees or to Foxconn's other facilities. Earlier this week, the ‌iPhone‌ manufacturer said it planned to resume full-scale production by February 10. Other Apple suppliers such as Quanta Computer, Inventec and LG Display also said they would go back to work next week in China, but sticking to that plan seems less certain by the day. "As a matter of policy and for reasons of commercial sensitivity, we do not comment on our specific production facilities," Foxconn told Bloomberg. "We have been closely monitoring the current public health challenge linked to the coronavirus and we are applying all recommended health and hygiene practices to all aspects of our operations in the affected markets."F

AirPods and AirPods Pro Manufacturing Could Be Impacted by Coronavirus, Leading to Greater Supply Shortages

Apple has been working to ramp up production of the ever-popular AirPods and AirPods Pro, and its efforts to meet supply/demand balance could be in jeopardy due to the coronavirus outbreak in China. According to Nikkei, Apple's major ‌AirPods‌ suppliers Luxshare-ICT, Goertek, and Inventec have been shut down since the beginning of the Lunar New Year and even when work on ‌AirPods‌ resumes next Monday, components could be in short supply because factories all across China have been shuttered due to virus fears. The ‌AirPods‌ manufacturers have "at most" two weeks worth of materials and components needed for ‌AirPods‌ assembly, and for fresh supplies, they will need to wait for component makers in China to restart operations. Given current conditions, product utilization rates could reach just 50 percent when work on the ‌AirPods‌ resumes. A person who spoke to Nikkei says that it's unclear if parts suppliers in China will be able to "smoothly resume work" to create enough parts for assembly. "We really have to wait and see how things play out next week. If the assemblers could not get enough supply of parts in two weeks, it will be a big problem," said the source. Travel restrictions from certain regions in China are likely to create labor shortages at factories, and companies are balancing restarting production while also dealing with fears an employee could bring the virus back to the factory. Foxconn, for example, has already said that workers returning from the Henan province will be sequestered for two weeks, while other staff will be isolated for a week.

Foxconn Cuts Revenue Outlook Following Coronavirus Outbreak

Apple's primary iPhone assembler Foxconn has slashed its 2020 revenue outlook after strict quarantines at its main base in China to guard against the coronavirus outbreak (via Bloomberg). The company is now projecting a sales increase of 1% to 3% this year, Chairman Young Liu told Bloomberg News in a text message. That’s down from a Jan. 22 forecast of 3% to 5%, before the epidemic spread around the globe, and lags the 5.4% average of analysts' projections.Foxconn's Zhengzhou plant won't resume production until February 10 following an extended Lunar New Year break, and the company now says that workers returning from outside Henan province will be sequestered for 14 days, while staff who reside within the province will be isolated for one week. The manufacturer previously claimed the viral outbreak had had a "fairly small impact" on ‌iPhone‌ production, suggesting its factories in other countries like Vietnam, India, and Mexico had been able to fill the gap. Apple last week closed all of its corporate offices, stores, and contact centers in mainland China through February 9 due to the Wuhan coronavirus outbreak. Apple has around 10,000 direct employees in China, across its retail and corporate divisions. Close to 60 million people remain under lockdown in China. With the virus death toll rising in recent days, the goal of people returning to work on February 10 is looking increasingly less certain. As a result, the contagion is expected to disrupt Apple's Chinese ‌iPhone‌ supply chain as well as dampen consumer demand and overall economic growth. The