The corona virus outburst is having a noticeable impact on the tech world. Apple has announced on Saturday that it will close its entire official stores and corporate offices in China until 9th February 2020. The company took action amid fears over the corona-virus outbreak mounted and the death toll more than doubled to over 250 from a week ago. Apple issued a statement and said, “Out of an abundance of caution and based on the latest advice from leading health experts, we’re closing all our corporate offices, stores, and contact centers in mainland China through February 9”. Point to be noted that Apple closed its 3 stores in China earlier this week over concerns regarding the spread of corona-virus.
It is noteworthy that overseas retailers, including Starbucks Corp and McDonald’s Corp have already shut storefronts temporarily as a precautionary measure. There are a large number of companies have called for employees in China to work from home and cease non-essential business travel in the first week of February. Business activities in China will return to normal operations following the end of the week-long Lunar New Year Holiday. Apple is one of the major tech companies in China both for smartphone sales & its supply chain and manufacturing. There are many factories in Hubei province have temporarily suspended production due to the corona-virus.
The CEO of Apple, Tim Cook said the company was working out mitigation plans to deal with possible production loss from its suppliers in Wuhan. It is the city where corona virus outbreak originated is home to several Apple suppliers. Apple had initially closed 3 stores, but now closing its entire 42 locations across the country. Key suppliers such as Foxconn have said they don’t expect issues meeting production objectives for companies like Apple. It is important that Sales at Apple stores had dropped across China in recent days. Tesla is also offering free Supercharger access so that its EV owners and their friends can get around without having to rely on public transport.