Apple to raise iPhone 11 production by 10 percent
Suppliers have been told to increase production of the latest iPhone due to strong demand, the Nikkei Asian Review said.
Apple Inc. has told suppliers to increase production of the latest iPhone 11 product line by as much as 10% to meet stronger-than-expected demand for the new handsets, the Nikkei Asian Review reported.
The boost would add 7 million to 8 million units to the Cupertino, Calif.-based company’s smartphone production, the publication reported. The increase may validate Chief Executive Officer Tim Cook’s strategy of offering budget-conscious consumers less expensive models amid signs of a weakening economy, it said.
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