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Apple Halts Production Boost for iPhone XR

Apple Halts Production Boost for iPhone XR

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  7 Nov 2018 8:24 AM GMT

Taipei: Slower-than-expected demand has reportedly led Apple to direct its top phone assemblers, Foxconn and Pegatron, to halt a planned production boost for iPhone XR, a relatively cost-effective model that hit the shelves late last month. Foxconn, a Taiwan-based company, would produce around 100,000 fewer units daily to reflect the new demand outlook, down 20-25 per cent from the original optimistic outlook, Japanese financial paper Nikkei reported on Monday citing anonymous sources. “For the Foxconn side, it first prepared nearly 60 assembly lines for Apple’s XR model, but recently uses only around 45 production lines as its top customer said it does not need to manufacture that many by now,” a source told Nikkei. Fellow Taiwanese manufacturer Pegatron is also suspending plans to ramp up production, the report said. (IANS)

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