BUSINESS

Apple Set To Cut iPhone 14 Production

Tech manufacturer Apple is cutting down on making more of the iPhone 14 because of low demand.

According to a Bloomberg report, the company won’t increase production by six million units in the second half of this year. 

It will instead produce about 90 million units – which is about the same as last year.

iPhone 14 went on sale earlier this month, but consumers have not been rushing to buy it, possibly because of fears of a looming global recession.

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Readers Bureau, Contributor

Edited by Jesus Chan

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