Apple expected to cut iPhone 6S, 6S Plus production
[BENGALURU] Apple Inc is expected to cut production of its latest iPhone models by about 30 per cent in the January-March quarter, compared with its original plans, the Nikkei reported.
As inventories of the iPhone 6s and 6s Plus have piled up since its launch last September, production will be scaled back to let dealers go through their current stock, the business daily reported.
Production is expected to return to normal in the April-June quarter, but Apple's parts makers likely to be affected will include liquid crystal display panel manufacturers Japan Display Inc, Sharp Corp and LG Display Co Ltd, the Nikkei reported.
Other companies affected include image sensor supplier Sony Corp and electronic parts makers TDK Corp, Alps Electric Co Ltd and Kyocera Corp, the paper reported.
Apple and the Japanese and Korean parts suppliers were not immediately available for comment.
REUTERS
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Technology
Meta’s results are best viewed through rose-tinted AI glasses
'Harvesting data': Latin American AI startups transform farming
After long peace, Big Tech faces US antitrust reckoning
Tech’s cash crunch sees creditors turn ‘violent’ with one another
Tech millionaires chase billionaire tax shields with ‘swap fund’
Elon Musk’s Starlink profits are more elusive than investors think