iPhone 13 Production Suffers Cut From Chip Shortage

The shortage is expected to affect the production by over 10 million units.

iphone 13
apple

Semiconductor shortage

Apple is likely to cut down IPhone 13 production by over 10 million units as reported by Bloomberg. The tech giant has been affected by the big crunch on semiconductor production straight to their biggest money bagger.

The company was expected to produce over 90 million units which has now been changed to a lower number because of issues in production of chips by companies like Broadcom.

Also read : PC Building Simulator Is Available To Download For Free On PC Via The Epic Games Store

How it affects the market

The mobile phone market is yet to see a major backlash from the production cut, which is also going to happen a few weeks or maybe months.

Broadcom and Texas instruments are the major companies facing this severe backlash by failing to deliver enough components. Apple being one of the biggest chip buyers have finally faced the hit of chip shortage which has been prevalent since a year now. Major chipmakers such as TSMC have also reported that the chip shortage might last even longer than expected eventually outing the demand.

Apple’s shares have further slipped 1.6% after Bloomberg reported this news. Apple continues to assure that IPhone 13 production hasn’t been affected by the major backlash and orders are on their way.

Check out more about the upcoming Apple event on 18th October and stay tuned to know more about IPhone 13 production issues.

Leave a Reply

Latest posts

DIZO Reaches Over 1 Million Customers Within 5 Months of Debut in India

Today, DIZO announced that it reached the milestone of more than 1 million customers in India within 5 months of first starting out on May 25th....

ViewSonic Monitors Expand Their Footprints Pan- India Through a Strategic Alliance With Croma Stores

ViewSonic Corp., a leading global provider of visual solutions, has recently announced the launch of their monitor segment in all TATA Croma stores, India's...

Pixel 6: How Does Google’s New Flagship Phone Stack Up for Gamers?

The broad consensus is that Google has delivered a fantastic smartphone with the launch of the Pixel 6. Many reviewers have given it five...

Loading Next Article