APPLE NEWS

The largest iPhone supplier says the chip shortage will creep into the second half of 2022.


Foxconn, a major iPhone vendor, says it expects the current chip shortage to continue into the second half of next year, prolonging the struggle of manufacturers, including Apple, to keep pace with consumer demand. The Wall Street Journal reports.

Apple has been facing a chip shortage in the last few quarters, but it only began to significantly affect Apple’s business in the last quarter. The lack of specific components and production constraints related to the current public health crisis have affected the availability of the iPhone, iPad, Apple Watch and Mac. Apple said shortages cost it $ 6 billion in the past quarter and expect the impact to be even more significant for the holiday season.

Foxconn is Apple’s biggest supplier for the iPhone, and although some reports suggest production is improving, it’s still a long way from being completely normal. As the holiday season approaches, Apple encourages customers to receive their holiday orders earlier to ensure they receive them on time for the holidays, and the company has set “order by” dates for some of its most popular products.

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Naveen Kumar

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