Report: China delays Foxconn plans to restart the iPhone production due to the coronavirus concerns

The Chinese authorities have said of Foxconn, that he cannot open his iPhone production plants on February 10, as reported by the newspaper Nikkei.

Reuters previously said that any additional delays would have a significant impact on iPhone sales. The company is based on the factories Foxconn to assemble iPhones in the quantities you need; if the company can’t do it, Apple can’t sell them.

Local governments are apparently concerned by the close proximity of employees in the factories of Foxconn, expecting a high risk of contagion.

Apple stores are also remains closed for longer than initially expected, with Apple telling employees that most of the Chinese stores will now be re-opened on the 15th of February. In a statement, Apple said that “our first priority is the well-being of our teams, partners, suppliers and customers across China.”

However, Apple is in the end a business and the impact on its financial statements relate to investors. Apple has reported a wider than normal range of forecasts for the next quarter in order to take account of coronavirus of the disturbance, but some analysts are worried, Apple will have to reduce its estimates further with the repeated delays to the iPhone and Apple device production (AirPods power supply is also particularly at risk).

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