During the holiday quarter, demand for Apple’s new iPhones is typically strong. But the company might run into trouble meeting that demand due to a shortage of power chips for its iPhones.
This is according to a report by Bloomberg, which cites people with knowledge of the matter. The chips in question manage power consumption in Apple’s iPhones as well as other phones, but it’s unclear how limiting these constraints are. The chips aren’t being produced as quickly as usual due to the COVID-19 pandemic, and the disruptions in production will likely last two more quarters.
Another factor is China’s Huawei, which has reportedly stockpiled chips ahead of a September deadline for U.S. sanctions. Read more…
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