Apple, the world’s most valuable company, has finally joined a growing list of household names from Toyota to Samsung forced…
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Apple is likely to slash its projected iPhone 13 production targets for 2021 by as many as 10 million units as prolonged chip shortages hit its flagship product.
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 is grappling with a shortage of vital chips that manage power consumption in iPhones and other devices, people with knowledge of the matter said, potentially threatening its ability to meet holiday demand.