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Technology Apple is likely to shorten iPhone production goals because of chip clamps

09:30  13 october  2021
09:30  13 october  2021 Source:   rp-online.de

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(Bloomberg) - Apple Inc. will probably reduce its production targets for the iPhone 13 for 2021 because of the global chip clamp by up to 10 million pieces. Reporting with the matter familiar persons.

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The company had planned to produce 90 million pieces of the new iPhone model in the last quarter of the year. But now it will share its production partners that the number will be lower, because Broadcom Inc. and Texas Instruments Inc. have difficulties to deliver enough components, the persons who did not want to be named namely.

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Apple refers display parts of Texas Instruments and Wireless Conds from Broadcom. A ti-chip that controls the display power supply to the latest iPhones has also become scarce. Apple sees itself confronted with a lack of components from other suppliers.

representative of Apple and Ti rejected comments. Broadcom did not respond to a request for comment.

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The shares of the Technology Giant from the California Cupertino slipped in late trading by up to 1.6% to $ 139.27 after Bloomberg reported on the problems. The share is still 6.6% higher at the beginning of the year at the beginning of the year. Broadcom and Ti also reported in demand.

Headline in the original:

Apple Set to Cut iPhone Production Goals Due to Chip Crunch (1)

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