Apple's coronavirus warning that it won't sell enough iPhones is great news for Samsung
ReutersAttendees look at a Samsung Galaxy S20 Ultra 5G smartphone during Samsung Galaxy Unpacked 2020 in San Francisco.Apple announced Monday that the coronavirus outbreak means it has missed its revenue guidance for Q1 due to its impact on the company's supply chain and store closures in China.Rival Samsung meanwhile has been far less impacted by the outbreak, with a minimal market share in China and a largely Vietnam-based supply chain."Samsung does not say it publicly. But it is relieved," a source told Reuters.Visit Business Insider's homepage for more stories.Samsung Electronics stands to be a major beneficiary of the China production problems announced by rival Apple Inc on Monday, reaping the rewards of a decade-long bet on low-cost smartphone manufacturing in Vietnam.Half of Samsung's
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