As the holidays approach, Apple’s suppliers are not happy.
The company slashed production of all three of its new iPhone models — the XR, XS, and XS Max — according to a report from the Wall Street Journal. The XR has reportedly taken the biggest hit: Apple reduced production orders for the XR twice over the past two months.
This has reportedly caused frustration and an understandable amount of stress along Apple’s China-based supply chain. Foxconn has cut the customary pre-holiday season overtime hours, leaving workers without an expected pay boost. Three of Apple’s largest suppliers reduced quarterly profit estimates, which they attributed to a “large client” cutting orders. Read more…
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Source: Mashable | Uh oh, Apple has reportedly cut production on all new iPhones
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