Iphone 14 Orders Cut By 10 Despite Demand
While demand for the next generation iPhone is looking to be high, the hectic supply chain continues to disrupt the market. According to DigiTimes, Apple is cutting iPhone 14 orders by 10%, despite expecting strong demand for its lineup. The issue began when Apple’s supplier TSMC had three major customers adjust their orders, worsening the semiconductor situation. With the ongoing shortages, these customers couldn’t continue with business as usual. However, the outlook should improve over time as TSMC remains optimistic for the rest of this year....