Apple to keep iPhone production flat in 2022 - Bloomberg News

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Apple to keep iPhone production flat in 2022 - Bloomberg News
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Apple Inc plans to keep iPhone production for 2022 roughly flat at about 220 million units, Bloomberg News reported on Thursday, as China's COVID-19 curbs, global supply chain issues, and cooling demand continue to hurt smartphone makers.

has been able to keep its workers on-site in a "closed loop" system to limit the impact on production, but lockdowns in the country have pushed many to sound demand-related warnings.Apple had also said last month any new lockdowns in China and Taiwan, where many parts and iPhones are produced, could bring new obstacles in terms of supply and demand in the current quarter.

Separately, Nikkei reported on Wednesday that the company had told its suppliers to speed up iPhone development after China's COVID-19 lockdowns hampered schedule for at least one of the new phones.Register now for FREE unlimited access to Reuters.comThe Thomson Reuters Trust Principles.Sign up to our tech newsletter to get the latest news and trends in the global technology industry.

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