Apple said a global chip shortage that has bitten into its ability to sell Macs and iPads will start to affect iPhone production and forecasted slowing revenue growth, sending its shares lower.
Browsing: Electronics and hardware
Sony’s PlayStation 5 gaming console has sold more than 10 million units since its launch in November, outstripping sales of its predecessor even as the Japanese firm grapples with a global chip shortage.
Intel said its factories will start making Qualcomm chips as it laid out a road map on Monday to expand its new foundry business to catch rivals such as Taiwan’s TSMC and Samsung Electronics by 2025.
Computer peripherals maker Logitech said on Tuesday it was seeing no let-up in demand from stay-at-home workers, after reporting higher operating income and sales at the start of its 2022 business year.
Chip maker Intel said it still faces supply chain constraints and gave an annual sales forecast that implied a weak end of the year.
Chip makers from Taiwan to the US are cranking up production to address shortages that have hammered car manufacturers and other customers as they try to emerge from the coronavirus pandemic.
Apple will not introduce an updated version of its smaller iPhone mini smartphone next year, after it failed to become popular among consumers, Nikkei reported on Wednesday.
Chinese smartphone maker Xiaomi overtook Apple in the second quarter to become the world’s second largest smartphone maker, market research firm Canalys said in a report on Thursday.
The world’s most important chip maker expects revenue to climb 20% this year. But the incredible cost of meeting outsize demand is starting to eat away at the bottom line.
Apple has asked suppliers to build as many as 90 million next-generation iPhones this year, a sharp increase from its 2020 iPhone shipments, according to people with knowledge of the matter.