The tech giant ‘Apple’ is delaying the production of its new 2020 iPhone models due to a slump in demand, according to a report by the Wall Street Journal.

Production of the new models will be pushed back by approximately one month, as fewer people are purchasing gadgets such as high-end smartphones due to the global coronavirus outbreak. This will affect the four upcoming iPhone models which were anticipated to be launched this fall as part of the 2020 iPhone 12 line, coming in 5.4-inch, 6.7-inch, and 6.1-inch sizes and offering 5G connectivity.

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Regarding the production delay, a source told the WSJ that Apple intends to reduce the number of handsets it produces this year by up to 20%, although the company may possibly make up for this drop by producing more handsets next year.