Apple officially introduced its 2018 line-up of iPhones -- the premium iPhone XS, iPhone XS Max and iPhone XR at an event in California.

Apple halts production boost for iPhone XR: Report

November 7, 2018

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…reports Asian Lite News

Apple officially introduced its 2018 line-up of iPhones — the premium iPhone XS, iPhone XS Max and iPhone XR at an event in California.

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.

iPhone XR debuted alongside the iPhone XS and top-of-the-line XS Max.

While the demand for iPhone XR appears to have not met Apple’s expectations, the Cupertino, California-headquartered tech giant is requesting more of the older iPhone 8 and iPhone 8 Plus models, which are up to 20 per cent cheaper than the XR’s starting price of $749.

“Suppliers of iPhone 8 and iPhone 8 Plus are getting a combined order of around five million more units,” one source told Nikkei.

Previous Story

Mars InSight landing site look like a stadium parking lot

Next Story

NBC, Fox News pull Trump campaign’s racist ad

Latest from BUSINESS

SBI Simplifying KYC Process

SBI’s research arm noted that the RBI’s decision to maintain the policy rate reflects a balanced approach amid global uncertainties, supported by

UPI Powers Digital Revolution

New innovations such as LiteX (offline payments), tap-and-pay, credit card integration, UPI Autopay, and UPI for IPO subscriptions are pushing the platform from

Gold Shines Bright Amid Global Jitters

Gold and silver continued their bullish run on Monday, scaling new highs amid mounting global uncertainties, heightened geopolitical tensions, and growing expectations