Apple cancels iPhone XR production: Nikkei report
Apple has told its smartphone assemblers Foxconn and Pegatron to halt plans for additional production lines dedicated to its new iPhone XR, according to a Nikkei report cited by Reuters on Monday.
The Nikkei report goes on to add that Apple had also asked smaller iPhone assembler Wistron to stand by for rush orders, but that the company will receive no orders for the iPhone XR this season.
“For the Foxconn side, it first prepared nearly 60 assembly lines for Apple’s XR model, but recently uses only around 45 production lines as its top customer said it does not need to manufacture that many by now,” the Nikkei quoted one source as saying.
Apple warned last week that sales for the crucial holiday quarter would likely miss Wall Street expectations.
Requests for comments were denied by all three companies with Foxconn and Pegatron each adding they would not comment on specific customers or products, reported Reuters.