Foxconn is Apple’s largest supplier of iPhone manufacturing. And now he has assured that the chip shortage will last until the end of 2022, as reported by the Wall Street Journal. A look at what to expect over the next twelve months for the iPhone: a perfect storm with high demand and hard hit manufacturing.
High demand, low supply for the iPhone
Foxconn, the world’s largest outsourced electronics maker, also said it expects revenue to decline from October through December, citing component shortages facing the industry.
It is the three key months for launching any iPhone. The quarter following its immediate launch, to then face the Christmas campaign. As of this writing, iPhone 13 and iPhone 13 Pro stock is scarce. Some models have immediate availability, while others leave at the end of the month or the beginning of December.
The situation is completely abnormal for Apple. In the past, his most anticipated releases they just suffered from delays within a few weeks delivery, to be resolved quickly. Now those delays have been lengthened, with no sign of an end near.
Like other consumer electronics companies, Cupertino is also suffering given the global shortage of components. So much so that in its last presentation of quarterly results, Cook assured that logistical problems already represented $ 6,000 million in sales less.