Setback for Apple over iPhone 14 Plus
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Apple Inc is cutting production of iPhone 14 Plus within weeks of starting shipments .
Apple Inc is cutting production of iPhone 14 Plus within weeks of starting shipments as it re-evaluates demand for the mid-range model, the Information report.d on Tuesday, citing two people involved in the company's supply chain. The Cupertino, California-based company told at least one manufacturer in China to immediately halt production of iPhone 14 Plus components, according to the report. The move comes at a time when the global smartphone market has been softening, shrinking 9% in the third quarter compared with the same period a year earlier, according to estimates from data research firm Canalys, which expects weak demand over the next six to nine months. Apple did not immediat...