Apple not to increase iPhone production

Image

CUPERTINO: Apple Inc is dropping plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialise, citing people familiar with the matter.

The company told suppliers to curtail efforts to increase assembly of its flagship iPhone 14 product family by as many as six million units in the second half of this year, Bloomberg reported.

Instead, the Cupertino, California-headquartered company will aim to produce 90 million handsets for the period, nearly the same number as a year ago and in line with Apple’s original forecast this summer, the report said.

Apple did not immediately respond to a Reuters request for comment.

Demand for the higher-priced iPhone 14 Pro models is stronger than for the entry-level versions and at least one Apple supplier is shifting production capacity from lower-priced iPhones to premium models, Bloomberg reported.

You May Also Like

Image

Travelers asked NOC for Haj on foot

CHAGAI: Four travellers have demanded the interior ministry to issue them a no-objection

Image

Father responsible for expenses of daughters marriage: LHC

LAHORE: The Lahore High Court (LHC) has ruled that a father is not only bound to maintain

Image

PTI rallies to gather at Peshawar-Islamabad Motorway

PESHAWAR: Pakistan Tehreek-i-Insaf rallies from different parts of Khyber Pakhtunkhwa