Amid disruptions in the global semiconductor supply in the aftermath of COVID-19, Apple is reportedly considering reducing the production of the recently released iPhone 13 by about 10 million units.
Bloomberg quoted sources as saying on the 12th (local time) that Apple initially set the production of 90 million iPhones, including iPhone 13, by the end of this year, but decided to reduce production due to disruptions in supply to semiconductor companies such as Broadcom and Texas Instruments.
Despite the semiconductor supply crisis, Apple has overcome the crisis with strong purchasing power and long-term supply contracts with semiconductor companies. However, it seems that the impact on the production sector was inevitable in the aftermath of the long-term supply shortage.
Technology companies and automobile manufacturers are especially hit hardest by the semiconductor shortage. These companies have cut car production by about 7.7 million units this year, while many factories in the United States have put production on hold due to a lack of parts.
In recent weeks, large manufacturing plants in Asia, such as China and South Korea, have been closed due to energy shortages and soaring electricity prices. The entire world’s logistics system is experiencing serious delays.
Major semiconductor manufacturers predicted that the “semiconductor crisis” will continue next year and after as demand for semiconductors exceeds supply.
Since Bloomberg’s report, Apple’s stock price has fallen 1.2 percent in over-the-counter trading, while related semiconductor companies Broadcom and Texas Instruments have also fallen about 1 percent.
Apple and the semiconductor company have not made a separate position on the report.