According to a new DigiTimes report, Apple is cutting its iPhone 14 orders by 10% from 90 million units due to supply chain issues.
that three massive TSMC customers recently adjusted their orders. As a result, Apple has reduced its shipment target of 90 million units for the first wave by 10%. Apple has reportedly already begun mass production of its next flagship phone, but there will be nine million fewer units available this fall.The report claims that demand for consumer electronics is “worse than expected” right now. Companies like AMD and NVIDIA can’t move their supply fast enough.
As the report notes, NVIDIA prepaid TSMC for production capacity and specific terms ahead of time. NVIDIA now wants to cut orders as well, but TSMC won’t budge. The semiconductor manufacturer will make the chips that NVIDIA paid for, but reportedly did agree to delay its first deliveries for at least a season, or maybe even to Q1 2023.
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