“Bloomberg” news agency: The American company, Apple, is expected to reduce the production of its new phone, “iPhone 13,” by about 10 million units, due to the lack of electronic chips globally.
Apple’s stock fell in after-hours trading, and reached 139.46 per share, down by 1.45 per cent.
“Bloomberg” reported that Apple told its manufacturers that the number of production units will be lower, because “Broadcom” and “Texas Instruments,” suppliers to Apple, are struggling to provide it with enough components that go into making phones.
This shortage of electronic chips globally has put great pressure on the electronics and automobile industry, which prompted a number of car factories to temporarily stop production.
Edit by Khalil Saeed Rizq
