US information technology giant Apple Inc. is unlikely to meet iPhone production targets for the new smartphone by the end of the year, given the global semiconductor shortage, Bloomberg News reported on Tuesday.
Apple had planned to produce 90 million iPhones by the end of the year, but the company will have to deal with 80 million smartphones produced as suppliers Broadcom and Texas Instruments cannot keep up with demand, citing a well-informed source. .
Meanwhile, analyst firm Wedbush points out that if consumer demand stays at this level, Apple will run a deficit of more than five 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.