Apple to Cut Planned iPhone Production by 20% in H1 2021 Over Low Demand, Report Says

Apple to Cut Planned iPhone Production by 20% in H1 2021 Over Low Demand, Report Says

MOSCOW (Sputnik) – US tech giant Apple is going to slash its planned production of all iPhones by around 20 percent in the first half of the year contrary to the company’s plan floated in December due to low demand, the Nikkei newspaper reported on Wednesday, citing sources familiar with the matter.

According to the newspaper, the US company late last year told suppliers to secure components and parts for up to 96 million smartphones, including the entire iPhone 12 series, iPhone 11 и iPhone SE, for the first six months of 2021. Now, according to the latest plan, Apple intends to produce around 75 million units.

Nevertheless, the company told suppliers that it still planned to produce 230 million iPhones in 2021, which is 11 percent higher than in 2020, the newspaper added.

The biggest revision accounted for components and parts for iPhone 12 mini, with some suppliers being even asked to temporarily suspend building components specifically for the mini, another source told Nikkei, adding that some components and parts for the mini have been redirected to produce iPhone 12 Pro and iPhone 12 Pro Max.

Source: sputniknews.com

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