Apple cuts iPhone manufacturing as a result of chip scarcity, says Bloomberg
Apple is chopping manufacturing of its iPhone 13, released last month, by over 10% as a result of suppliers Broadcom and Texas Devices cannot ship sufficient chips for the cellphone, based on a report today by Bloomberg’s Debby Wu, citing a number of unnamed sources.
Wrote Wu, “Apple Inc. is prone to slash its projected iPhone 13 manufacturing targets for 2021 by as many as 10 million models […] The corporate had anticipated to provide 90 million new iPhone fashions within the final three months of the yr, but it surely’s now telling manufacturing companions that the full will probably be decrease as a result of Broadcom Inc. and Texas Devices Inc. are struggling to ship sufficient parts.”
Shares of Apple fell as a lot as 8% in late buying and selling following the report.
Producers of all kinds of merchandise have suffered setbacks in manufacturing this yr amidst a world provide chain crunch which is predicted to final into subsequent yr.
In accordance with iFixit’s teardown of the iPhone 13, Broadcom has 4 separate chips within the machine, together with a wi-fi energy receiver, two front-send RF chips, and a filter of some kind. Texas Devices is believed to have three chips, a USB 2.zero repeater chip, an influence administration chip for the OLED show, an LED flash driver chip, and a VCSEL laser driver array chip.
Additionally: iPhone 13 review: Good enough to be the best