Apple cuts iPhone 18 Pro component orders by ~15% on chip costs: report
georgeclerk/iStock Unreleased via Getty Images
- Apple (AAPL) has told some of its suppliers to cut production of components for its newly launched iPhone 18 Pro and iPhone 18 Pro Max, Nikkei Asia reported on Friday.
- The move comes after soaring memory chip costs forced price increases that have dampened consumer demand. Component orders for October were cut by at least 15% from original requests, the report said.
- Orders for both premium models are down 15%-20% in October, an executive-level source told Nikkei.
- Taiwan Semiconductor Manufacturing Co. (TSM), Qualcomm (QCOM), Broadcom (AVGO), Amkor (AMKR), Corning (GLW), and Texas Instruments (TXN) are among the companies supporting Apple's (AAPL) supply chain and manufacturing expansion.
Register for free to keep reading.
Create a free account to get unlimited breaking news and alerts when your stocks move.
KioskNews shows a cleaned-up reading view extracted from the publisher’s page — the original always lives on their site, not ours.