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iPhone Maker Foxconn Says Component Shortage Will Worsen In Q2 of 2021

14 May 2021, 07:05 am
Foxconn said, on Friday, May 14, that the shortage of components will be more severe in the second quarter of 2021. It comes after the iPhone maker announced that it performed better in its quarterly profits, despite the supply crisis.
In the first quarter of 2021, Taiwan s Foxconn revenue posted a whopping 45% increase, Reuters reported. The known iPhone manufacturer has the highest earnings ever in the said period.
The profits have skyrocketed amidst the problems in components supply, and the steep slow down of iPhone production in India as workers are infected by COVID-19.
(Photo : (Photo by Daniel Berehulak/Getty Images)) ....

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Cisco Predicts Global Chip Shortage to Improve Over 12 to 18 Months

Cisco Predicts Global Chip Shortage to Improve Over 12 to 18 Months
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