UPDATE 1-Apple raises iPhone 11 production by about 10% – Nikkei

Apple Inc has asked suppliers to increase production of its iPhone 11 models by up to 8 million units, or about 10%, Nikkei Asian Review reported https://s.nikkei.com/2nlgcSk on Friday, citing better than expected demand. “Previously, Apple was quite conservative about placing orders”, which were less than for last year’s new iPhone, said the Nikkei quoting a source. “After the increase, prepared production volume for the iPhone 11 series will be higher compared to last year”. …read more

Source:: Yahoo Finance

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