Apple plans 30% increase in iPhone production for first half of 2021: Nikkei
[BENGALURU] Apple plans to manufacture up to 96 million iPhones in the first half of 2021, a nearly 30 per cent year-on-year increase, Nikkei reported on Tuesday.
It has asked suppliers to produce around 95 million to 96 million iPhones, including the latest iPhone 12 range as well as older iPhone 11 and SE, though shortage of key parts could threaten the target, the report said, citing people familiar with the matter.
This would mark a 20 per cent rise from 2019 though the target will be regularly reviewed and revised in response to any changes in consumer demand, according to the report.
The tentative full-year forecast that the iPhone maker shared with its suppliers suggests it plans to make up to 230 million iPhones in 2021, including both old and new models, the report said.
Apple did not immediately respond to a Reuters request for comment.
REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
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
Consumer & Healthcare
Shein steps up London IPO preparations amid US hurdles to listing, sources say
US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties
New weight-loss, diabetes drugs reach one in eight Americans
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Cordlife says private placement is to address urgent cash needs
Cordlife substantial shareholders lay out separate plans to address issues after AGM