Bloomberg: Apple Inc requires suppliers to assemble about 220 million iPhone, the same as last year

It is reported that Apple Inc plans to keep iPhone production basically flat in 2022, which is a conservative position, as this year is becoming more and more challenging for the smartphone industry.
Apple Inc requires suppliers to assemble about 220 million iPhone units, roughly the same as last year, according to people familiar with the matter. The market is expected to be close to 240 million units, as iPhone is expected to have a major update in the fall. But the mobile phone industry has had a tough start to the year, and production is expected to decline across the board. The worst inflation in decades, the conflict between Russia and Ukraine and supply chain problems are all likely to affect sales in 2022.
Strategy Analytics predicts that total smartphone shipments will contract by 2 per cent in 2022. TrendForce has cut its full-year production forecast twice in recent weeks.
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