However, some suppliers have been asked to defer their mass production schedules for approximately two to three months.
Discussing the possibility of delaying the launch by months, Apple has held internal meetings, reports Nikkei Asian Review, citing people familiar with the development. And there's something else worrying Apple execs, too. "They need the first 5G iPhone to be a hit". However, after the COVID-19 pandemic sent the global economy into disarray, fans might not want to shell out money just for super-fast data speeds. All should feature OLED displays and support for 5G networks.
The drop comes at a time when the wider market surged with the hope of the United States Senate approves a $2 trillion economic stimulus package for corporations, small businesses, and individuals affected by the coronavirus outbreak. The company supposedly planned to build more concrete prototypes in collaboration with suppliers starting in early March.
Samsung and Huawei Technologies have already launched a 5G ready phone, sparking Apple to set a lofty target for 2020 of 100 million units, they claimed. Apple postponed that, though, due to employees working from home under California's shelter-in-place order.
Apple started to make a number of its iPhone models in India past year, rather than importing the devices and now the company has now suspended production of its iPhones in India due to a lock down in the country, the India government has said that the countries 1.3 billion people have to stay at home.