The chip shortage that has rocked the smartphone industry has also affected Apple in numbers of ways. For example, a report from last year said that the company had to make fewer iPads for it to be able to make more iPhones to meet the demands of users.
Apple also released a report that it saw a 14% year over year revenue drop for its iPad sales. But, it seems things will soon be heading in the right direction for the company.
According to a report from Bloomberg, Foxconn confirms that there will be more supply of Apple products in the second quarter of 2022. This is because the chip shortage saga is easing down.
The report from Bloomberg reads:
The biggest assembler of iPhones said component shortages that have plagued electronics production for more than a year are showing signs of easing, a potentially encouraging signal for manufacturers across industries.
There will be a major improvement in parts shortages in the first quarter, with “overall supply constraints” set to ease in the second half, James Wu, a spokesman for Hon Hai Precision Industry Co., said during a company event in Taipei on Thursday.
This means that if everything goes well and the chip situation actually improves as Foxconn is predicting, we can get to see more Apple products.
Apple is said to be currently working on a new iPhone SE and iPad Air. Maybe these products might still be affected the chip shortage but the effect is expected be way less.
It’s a good thing that the chip shortage saga is easing down and we hope to get back to when Apple products don’t go out of stock after day two of launch.