Apple has cut production of older iPhone models for the third quarter of 2019, according to a new report from analysts.
The move suggests that demand for the company’s more affordable devices has started falling. Meanwhile, manufacturing is on track for Apple’s next-generation handsets coming this fall.
Apple is hoping to secure new tax incentives in India that will allow it to increase local iPhone production and export more devices to be sold in other countries.
The company has teamed up with other large names in the Indian Cellular and Electronics Association (ICEA) to propose a raise in export credits on smartphone shipments, as well as tariff cuts on imports of components and machinery.
The group argues that manufacturing growth cannot be sustained and accelerated without the changes.
Foxconn, Apple’s largest manufacturing partner, has cut 50,000 workers ahead of schedule as a result of weak iPhone demand.
The first cuts came last October, months before Foxconn typically scales back its workforce in preparation for slow season, according to a source familiar with the move. It is believed that Foxconn isn’t the only Apple supplier making cuts, either.
iPhone suppliers will reportedly consider moving away from China is U.S. trade tariffs hit 25 percent.
Sources say they will remain even if the U.S. introduces a 10 percent tax on smartphones, but they could be forced to “reassess the situation” should the Trump administration impose a higher rate on imported goods.
iPhone assembly partner Foxconn is considering the possibility of opening a new facility in Vietnam in an effort to avoid U.S. trade tariffs.
The factory would focus specifically on iPhone production, according to a new report. Vietnam Chamber of Commerce and Industry Vu Tien Loc says talks with Foxconn are underway.
Apple plans to start manufacturing another iPhone in India, according to a new report.
Partner Wistron has already started trial production of the iPhone 6s Plus at its Bangalore plant, where it has been assembling the iPhone SE since last year. Source say mass-production will begin in “the next couple of weeks.”
The iPhone will gain market share as Samsung loses its grip in 2018, according to new predictions.
Apple is one of just three companies that are expected to see growth this year following weaker-than-expected smartphones sales in late 2017. TrendForce expects total handset production to grow just 2.8 percent, down from the 5 percent previously expected.
iPhone 7s production has already started and iPhone 8 won’t be delayed, according to one tipster, who claims to have been speaking to a source at Foxconn.
It is believed that Apple’s largest manufacturing partner is currently assembling around 200 units per day as part of a trial run, but that number will increase significantly as we approach an official unveiling this September.
Yet another analyst is warning that this year’s big iPhone 8 upgrade will launch late, but they promise it will be worth the wait.
Morgan Stanley’s Katy Huberty has told investors that the device won’t be available until October, rather than September, but it will bring “the most meaningful feature and technology upgrades in iPhone’s history.”
Want to be one of the first to get your hands on Apple’s big iPhone 8 upgrade this fall? Prepare yourself for disappointment.
According to a new report, the device won’t enter mass-production until months after its official unveiling, and only small quantities will be available at first.
