VIRAL OUTBREAK: Apple supply chain braces for fallout - News Summed Up

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VIRAL OUTBREAK: Apple supply chain braces for fallout


Each of those locations is more than 500km from Wuhan in central China, the epicenter of the viral outbreak, but that distance does not immunize them from its effects. “I can’t imagine a scenario where the supply chain isn’t disrupted,” said veteran industry analyst Patrick Moorhead of Moor Insights & Strategy. Its supply chain also has a few million workers manufacturing products such as the iPad, iPhone and Apple Watch. “Supply chain disruption is a worry if employees across Foxconn and other component manufacturing hubs in China are restricted,” Wedbush Securities Inc analyst Dan Ives said. “If the China outbreak becomes more spread it could negatively impact the supply chain, which would be a major investor worry,” Ives said.


Source: Taipei Times January 28, 2020 15:56 UTC



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