The World Health Organization has labeled coronavirus as humanity's greatest threat. IPhone production is at risk, which certainly remains a secondary concern with respect to the health alarm.
Initially believed to be less deadly than the SARS epidemic, which killed 774 people between 2002 and 2003, WHO now claims that the death toll from coronavirus is well above that figure. To date, the virus has killed more than 1,100 people, making it more lethal than SARS. The total known coronavirus infections exceeded 40,000, compared to 8,098 in SARS. Ultimately, this is the greatest threat to humanity:
Viruses can have more powerful consequences than any terrorist action, said Dr. Tedros Adhanom Ghebreyesus, after an international meeting with 400 scientists and other experts summoned to Geneva to seek solutions to the crisis
The vaccine will not arrive before 18 months, and the growing number of diagnoses in patients who have never visited China may be just the "tip of the iceberg":
The world must wake up and consider this virus as the number one public enemy
However, the impact on the economy, however important and of truly large proportions, remains a secondary concern. A Foxconn source said the company plans to reach 50% of normal production levels by the end of February, while it will not return to the 100% regime before April.
In the past few hours, we learned of the reopening of the factory in China, where only 10% of the staff returned to work. The company developed extreme measures to try to restore production, including quarantine iPhone workers for up to 14 days so they can return to work without the risk of spreading the infection.
Reuters says the company is not optimistic about how fast it can resume normal production levels. While Foxconn hopes to resume half of its production in China by the end of the month, the world's largest contract electronics manufacturer is aiming to resume 80% of China's production as early as March.
Obviously, Foxconn will employ overtime to compensate for the work of those who have not returned to the factories, but of course, he already recognizes that shipments will suffer from this slowdown. Delays in shipments of AirPods Pro and Macs, desktops and laptops, with custom configurations seem to demonstrate that the effects of coronavirus are already making themselves felt in the Apple supply chain.
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