FILE PHOTO: The Apple logo is shown atop an Apple store at a shopping mall in La Jolla, California, U.S., December 17, 2019, 2019. REUTERS/Mike Blake
(Reuters) – Apple Inc (AAPL.O) is delaying the production ramp-up of its flagship iPhones coming later this year by about a month as the coronavirus pandemic has weakened global consumer demand and disrupted manufacturing across Asia, the Wall Street Journal reported here citing people familiar with the matter.
Apple is forging ahead with plans to release four new iPhone models later this year, the report added citing sources.
The new models will be enabled with 5G connectivity that promises low response times and faster internet.
The Nikkei had reported here in late March that Apple was preparing to possibly delay the launch of its first 5G iPhones.
The WSJ report on Monday added that Apple was slashing the number of handsets that it plans to make in the second half of this year by as much as 20%.
The company, which traditionally…
Source Reuters Tech News
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