Apple ditches increase in iPhone production after demand falters
Apple ditches increase in iPhone production after demand falters
By Debby Wu and Takashi Mochizuki | Bloomberg
Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize, according to people familiar with the matter.
The Cupertino-based electronics maker has told suppliers to pull back from efforts to increase assembly of the iPhone 14 product family by as many as 6 million…
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