Looks like there are signs of the iPhone 14 and 15 coming out sooner next year.
The problem of global component shortages that have affected the production of electronic goods has shown signs of recovery, thus cheering manufacturers across the industry.
According to James Wu, a spokesman for Hon Hai Precision Industry Co., he stated that by the second quarter, there will be additional components compared to the current first quarter.
In general, the problem of lack of components, especially computer chips, has affected the smartphone manufacturing sector up to the production of cars.
According to Wu, his company has bought about US $ 55 billion or RM230.17 billion of chips a year but has had to minimize production due to supply chain problems, besides expecting its first quarter earnings to be severely affected.
Rising demand during the Covid-19 pandemic hit the world and the semiconductor problem has forced Taiwan Semiconductor Manufacturing Co. (TSMC), the chip supplier company and Ford Motor Co. as well as Toyota Motor Corp. cut production of their products.
For now, TSMC chief executive officer CC Wei expects manufacturers around the world to race to build inventory for fear the Omicron outbreak will affect the supply chain further.
For the record, Hon Hai is not only Apple Inc's main manufacturing partner but also makes tools for global brands such as Dell Technologies Inc, Sony Group Corp and Nintendo Co.
In addition, the company is seen looking to venture into the electric vehicle (EV) sector by obtaining an agreement with Lordstown Motors Corp., a pickup manufacturing company in Ohio and is expected to produce their EVs by the 3rd quarter of this year.
