US information technology giant Apple Inc. will not be able to meet its iPhone production targets for the new smartphone by the end of the year, given the global semiconductor deficit, Bloomberg News reported on Tuesday.
Apple planned to produce 90 million iPhones by the end of the year, but Broadcom and Texas Instruments suppliers will have to agree on 80 million smartphones produced because they can’t meet demand based on a well-informed source. Bloomberg News.
Analyst firm Wedbush, meanwhile, points out that if consumer demand remains at this level, Apple will have a deficit of more than 5 million iPhone 13s this Christmas season.
In September, Apple introduced four new iPhone models – iPhone 13 mini, iPhone 13, iPhone 13 Pro and iPhone 13 Pro Max.