Apple May Cut iPhone 13 Production Due To Chip Shortage

Share post:

Apple is expected to cut production of its iPhone 13 by up to 10 million units because of the global chip crisis, people familiar with the matter said.

The tech giant is expected to produce 90 million units of the new iPhone models by the end of 2021, according to a Bloomberg report, and Apple has told its manufacturers that the number of units would be lower because chip suppliers such as Broadcom and Texas Instruments are having difficulty supplying components.

The chip shortage has put enormous pressure on the industry, from automobiles to electronics, and has led many automakers to halt production temporarily.

With its huge purchasing power and long-term supply contracts with chipmakers, Apple has weathered the supply crunch better than many other technology companies, leading experts to predict that iPhone 13 models released in September would generate robust sales as consumers upgrade devices for 5G networks.

Counterpoint Research director Jeff Fieldhack said the reported production cut at Apple could also be part of the iPhone maker’s normal launch process, in which devices are over-ordered to prepare for an initial customer rush and then reduced when clearer sales trends become apparent.

For more information, read the original story in Reuters.

Featured Tech Jobs

SUBSCRIBE NOW

Related articles

Apple reduces forecasts for Vision Pro as demand cools in key US market

In an unexpected shift, Apple has drastically reduced its shipment forecasts for the upcoming Vision Pro, indicating a...

FTC says Microsoft’s layoffs at Activision Blizzard may threaten merger approval

The FTC has expressed dissatisfaction with Microsoft's layoffs at Activision Blizzard, challenging the integrity of the Microsoft-Activision deal....

Delaware court voids Musks $56 billion dollar compensation

Tesla's stock experienced a notable downturn following a Delaware court's decision to void CEO Elon Musk's massive $56...

IT World Canada strikes partnership with Canadian Cybersecurity Network

Goal is to make it easier for infosec pros to access each organization

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways