Apple Inc. is considering delaying the launch of its first 5G iPhone by months as the coronavirus impacts demand and product development, Nikkei Asian Review reported, citing sources close to the matter.
According to a source cited by Nikkei Asian Review, the tech giant is "concerned" the outbreak could impact consumer behavior, leading to fewer smartphone upgrades.
Sources said the company needs its first 5G iPhone to be a success with customers as it is lagging rivals Samsung Electronics Co. Ltd. and Huawei Technologies Co. Ltd. by a year in releasing a 5G-capable handset. Apple reportedly designed four phone models and ordered suppliers to manufacture up to 100 million units of the new phone for this year.
The company will reportedly make a final decision in May on whether it will delay the launch or not.