More than half of the Philippines' provinces are in drought as El Nino exacerbates hot and dry conditions typical for March, April and May
asia2 hours ago
Apple is unlikely to meet production goals for its new iPhone before the holidays because of a global electronic chip shortage, a report said Tuesday.
The firm had planned to produce 90 million iPhone 13s before the end of the year, but will have to settle with 80 million as suppliers Broadcom and Texas Instruments cannot meet demand, the Bloomberg News said, citing sources familiar with the matter who asked to remain anonymous.
Apple presented a new line of iPhones last month, with four new models, including the iPhone 13 Mini, which sells from $700, and the iPhone 13 Pro Max, which costs $1,100.
“We estimate that overall demand has been robust globally,” Wedbush analyst Dan Ives said, highlighting strong demand in China and the United States especially.
“Apple will be running into a 5 million-plus iPhone 13 unit shortage for the holiday season if consumer demand keeps up at this pace,” he added.
Chief executive Tim Cook warned during quarterly earnings reports in late July that supply chain constraints would have an even bigger impact on the current quarter than it had in the previous three months.
He pointed out that electronic chip shortages were affecting all parts of the industry, not just Apple, and stemmed from significantly higher-than-expected demand. — AFP
More than half of the Philippines' provinces are in drought as El Nino exacerbates hot and dry conditions typical for March, April and May
asia2 hours ago
Court opened investigation into Sanchez's wife in response to a complaint by anti-corruption pressure group, whose leader is linked to the far right
europe2 hours ago
Chang'e-6 to return with soil samples from moon's far side; the mission expected to last 53 days
asia2 hours ago
The breed, prized for profitability and an ability to adapt to climate change, garners celebrity status in the Central Asian country
asia3 hours ago
Thousands of schools have suspended classes due to the heat, affecting more than 3.6 million students, education ministry data shows
asia3 hours ago
Despite the growing market share of domestic automakers, Teslas remain among the best-selling EVs in the Asian country
auto3 hours ago
The entire plan will see cow-breeding and poultry projects come up near the massive wheat farm and the dairy farm will form the third phase
uae3 hours ago
Modi, 73, remains resoundingly popular after a decade in office, and he is widely expected to win a third term
asia3 hours ago