Hubei had previously only allowed infections to be confirmed by RNA tests, which can take days to process. RNA, or ribonucleic acid, carries genetic information allowing for identification of organisms like viruses.
But it has begun using quicker computerized tomography (CT) scans, which reveal lung infections, the Hubei health commission said, to confirm virus cases and isolate them faster.
As a result, another new 14,840 cases were reported in the central province on Thursday, from 2,015 new cases nationwide a day earlier.
About 60,000 people have now been confirmed to have the virus, the vast majority of them in China.
“Presumably, there are deaths which occurred in people who did not have a lab diagnosis but did have a CT,” she told Reuters. “It is important that these also be counted.”
The new testing is only being used in Hubei, officials said.
On the mainland, big U.S. technology firms have closed offices or manufacturing plants, and restricted travel to the region. Apple (AAPL) is likely to take a hard hit, with its Foxconn manufacturing plant having resumed minimal operations Tuesday after a significant delay. The production halt in the past few weeks is likely to impact the first quarter, as well as availability of products such as Air Pods.
The tech giant is also launching a new phone in March, and it is unclear if it can still make the target launch date following the virus’s impact. Separately, Google (GOOG) has also shuttered all offices in mainland China and Hong Kong, while Nintendo said its popular Switch consoles are sold out in Japan — with future shipments delayed because of the virus.
Some economists are waiting to see just how much of an impact it has on the global economy. Yet it is becoming increasingly clear that multinationals with heavy exposure to China will feel the sting during the first quarter of this year, and perhaps beyond.
Federal Reserve chair Jerome Powell has said the U.S. is watching the developments of the virus, but still anticipate a low impact to the country. However, during earnings calls in the past few weeks, the virus has been cited as a material factor going forward.
The numbers are likely to start showing up by March, and multiple year-end earnings calls are already reflecting concern over the impact of the virus.
Emerson Electric (EMR) CEO David Farr told analysts on an earnings call that “for people not to think that it would not be a negative short term, I don’t think they’re thinking straight...It will be a negative for the global economy.”
“Just when you thought it was safe to get back in the water”. (From the movie Jaws, 1975)
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5