Apple supplier Foxconn adjusts production to avoid holiday blues
Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to fall this quarter and is adjusting production to prevent recent COVID-19 curbs at a massive iPhone factory in China from impacting holiday orders.
On news that the business is abandoning ambitions to increase new iPhone production, Apple shares decline!
Apple shares dipped roughly 3% on Wednesday after it was reported that the company has informed suppliers to cancel plans to raise iPhone 14 manufacturing. According to Bloomberg, demand for the new models did not exceed expectations. According to the source, Apple would no longer aim to raise manufacturing by 6 million devices in the […]
Apple plans to cut iPhone 14 production lag between China, India – Bloomberg
Apple Inc (AAPL.O) plans to start making the iPhone 14 in India about two months after its release out of China, in a move that will narrow the gap from the typical six to nine months for previous launches, Bloomberg News reported on Tuesday.
