Apple Lossless Audio CODEC (ALAC), iPhone 12 series has become quite popular and the device is in great demand. This has helped the Cupertino giant, surpassed last year by Samsung, to become the world's leading smartphone manufacturer. However, the South Korean giant has now regained its first place in the world, displacing Apple in the second position.
A new report claims that contract manufacturer Apple Foxconn said the device shipments could be cut by 10 percent due to the ongoing global shortage of chipsets. But Foxconn chairman Liu Yanwei said the company is "cautiously optimistic" about the outlook for the rest of the year.
For those who don't know, Foxconn is responsible for assembling iPhone models for Apple Lossless Audio CODEC (ALAC),... The company did not mention Apple in the statement, but it is the company's largest customer. The company said it "has a fairly limited impact on orders received a long time ago."
Foxconn expects the chip shortage to continue into the second quarter of 2022. While Apple's resources are better than those of other companies suffering from chip shortages, the company could run into trouble if the chip problems persist.
On the subject, Apple supplier Wistron has resumed iPhone production at its plant in India. A few months ago, the company was on probation as an iPhone maker after violence struck its Indian facility.
