Apple component orders to be cut by 50% - report

Tuesday, 30. June 2020 13:13

Apple Inc. is expected to reduce its component orders by 50% of its estimates for the year, Apple Insider reported on Tuesday, citing unnamed sources familiar with the situation.

It was reported earlier in June that the iPhone 12 launch may be postponed from the traditional date in September by one month.

The shipments of 5G iPhones with mmWave support are also projected to drop to around 50% of the supply chain expectations, according to a Digitimes report that cited industry insiders.

Related Links: Apple Inc.
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