Apple Inc is cutting product of iPhone 14 Plus within weeks of starting shipments as it re-evaluates demand for the mid-range model, the Information reported on Tuesday, citing two people involved in the company’s force chain.
The Cupertino, California- grounded company told at least one manufacturer in China to incontinently halt product of iPhone 14 Plus factors, according to the report.
The move comes at a time when the global smartphone request has been softening, shrinking 9 in the third quarter compared with the same period a time before, according to estimates from data exploration establishment Canalys, which expects weak demand over the coming six to nine months.
Apple didn’t incontinently respond to a Reuters request for comment.
The iPhone 14 Plus, part of a new lineup blazoned on Sept. 7, is deposited as a cheaper volition to its more precious iPhone Pro models and started being packed to guests on Oct. 7.
Last month, Apple dropped its plan to increase the production of the new iPhone models as an anticipated swell in demand failed to materialize, according to a Bloomberg News report.
