Apple finally falls victim to supply-chain crisis
iPhone 13 production target cut by 10m units on chip crunch
Apple Inc, the world’s most valuable company, has finally joined a growing list of household names from Toyota to Samsung forced to cut back on business because of a global shortage of semiconductors.
Apple is now likely to slash its projected iPhone 13 production targets for 2021 by as many as 10 million units, Bloomberg News reported Tuesday.
For months, while supply chain shocks rocked the electronic, automaking, and even commodities industries, Apple remained the one company that could secure…