Apple's factories are running, but suppliers wary about iPhone demand
BEIJING – As China reopens its economy after months of lockdown, Apple Inc’s iPhone factories are largely up and running. But with the coronavirus pandemic spreading across the world, the urgent question for the company is how many buyers there will be both for current models and the new slate of phones expected in the fall.
One of Apple’s key display suppliers is preparing for a similar level of contraction, according to a person familiar the matter. The company had anticipated shipping 70 million iPhone displays this year, but is now considering lowering that target by more than 17% to 58 million units. “Things are changing on a day by day basis due to supply chain disruptions, so it is difficult to craft any meaningful comment at the moment about both supply and demand,” said an official at one supplier in Malaysia.In February, Apple retracted its sales forecast for the quarter ended in March without giving a new one. Shares have dropped more than 15% since the start of the year.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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