Boost Iphone Production Apple Tells Suppliers Despite Concerns
Apple has reportedly told several suppliers that it plans to boost iPhone production over last year’s levels, despite fears that the economic fallout of the coronavirus crisis could significantly dampen demand. Analysts had widely predicted a ‘supercycle’ of around 220M iPhone sales this year when the company launches its first 5G models, but with a global recession now expected due to coronavirus lockdowns, and record unemployment in the US and other countries, that idea has been thrown into doubt …...