Apple Reopening Factories in China As the Country Gets Coronavirus ‘under Control’
- Mehedi Hassan
- Feb 28, 2020
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Coronavirus has affected the world quite a lot over the last few weeks. The tech industry has been hit due to concerns over coronavirus, with companies like Apple forced to close factories in some parts of the world.
That has obviously affected the supply chain, forcing Apple to revise its revenue guidance, as it’s expecting coronavirus to constrain worldwide iPhone supply. In a new interview with Fox Business (via The Verge), however, Apple CEO Tim Cook shared some reassuring news for Apple investors.
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Cook said in the interview that the company is slowly reopening factories in China. “It feels to me that China is getting the coronavirus under control. I mean you look at the numbers, they’re coming down day by day by day. And so I’m very optimistic there,” Cook stated.
“When you look at the parts that are done in China, we have reopened factories, so the factories were able to work through the conditions to reopen. They’re reopening. They’re also en-ramp, and so I think of this as sort of the third phase of getting back to normal. And we’re in phase three of the ramp mode,” Cook later added.
All of this is obviously quite promising as the number of new cases of coronavirus in China is slowing down, but there still have been a total of 83,719 cases worldwide, causing 2,858 deaths. The number of cases worldwide is still increasing, and the virus is slowly spreading to more parts of the world, so it will affect the global economy one way or the other.
Apple isn’t the only company affected by coronavirus, as a number of companies have recently been forced to pull out of major tech conferences due to concerns over coronavirus. And like Apple, Microsoft has also reviewed its revenue guidance due to the virus affecting the supply chain for its More Personal Computing business.
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Conversation 9 comments
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Stooks
<blockquote><em><a href="#523869">In reply to ghostrider:</a></em></blockquote><p>The media in general have so hyped this thing it is crazy. I guess they were tired of talking about Trump, Russiagate and Impeachment? Then again they are starting to blame the virus on Trump so maybe not.</p><p><br></p><p>This year flu will be 10x…100x…..1000x more impacting to the world than this above average cold. The numbers are so suspect and none of them are even close to being real. </p><p><br></p><p>They hype does not even come close to the very suspect data. Example how come we do not hear about how many have had it and are now fine? Occasionally someone will publish that number but all we hear about is new cases and deaths. Huge chunks of data are missing like….how many hundreds/thousands have had it, just lived through it like it was a cold and are now better and NEVER reported it? That fact right there would drive the death rate way, way down probably below flu deaths.</p><p><br></p><p>Any business pulling out of these conferences is smart. It looks good (right thing to do) it probably saves on people calling in sick (real and not) and saves a ton of money.</p>
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t-b.c
<p>I'm skeptical of any information coming from the Chinese government but, in this case, hope it is accurate. I fear, however, that getting people back to work this soon will result in another spike of coronavirus infections. Switching topics a bit, I seem to recall during the Obama years that Apple was building a facility in Texas that was going to become their new center for manufacturing. Does anyone else remember that? What happened to them moving the operation back the USA? Whatever the reason, I bet they are wishing they had moved forward with that plan now.</p>