November 22, 2024

Apple to Boost iPhone Production for 1H21 Following Strong Demand for 5G iPhone 12 [Report]

Posted December 15, 2020 at 3:53pm by iClarified · 3677 views
Apple is planning to boost iPhone production for the first half of 2021 following strong demand for its new 5G iPhone 12 lineup, reports Nikkei.

The company has reportedly asked suppliers to build 95 to 96 million iPhones including the 5G iPhone 12 range, iPhone SE, and older iPhone 11. That's up 30% year-over-year.

The tentative full-year forecast that Apple shared with its suppliers suggests it plans to build up to 230 million iPhones in 2021, including both old and new models, the people said. This would mark a 20% rise from 2019, though the target will be regularly reviewed and revised in response to any changes in consumer demand, they added.

"The planned production for the next quarter and the following quarter have been decided and the outlook is quite bright," an executive at a key Apple supplier told Nikkei. "The iPhone 12 Pro, and iPhone 12 Pro Max are especially stronger than we estimated, while the demand for iPhone 12 is in line with the forecast, but iPhone 12 mini is a bit sluggish," the person added.

More details in the full report linked below...

Read More