Apple might be planning to discontinue the iPhone X this year, according to one analyst, as sales of the model have so far been well below expectations especially because of the high price.
As a result, what Apple might be planning to do is retire the current model and rely exclusively on the 2018 iPhone lineup that would include a successor to the existing iPhone X, but with a smaller price tag.
Neil Campling, a Mirabaud Securities analyst, says the lower revenue target announced by TSMC (Taiwan Semiconductor Manufacturing), which is currently the number one semiconductor foundry company and a top Apple supplier, is living proof that Apple has substantially reduced orders, causing problems to all its partners.
Campling says these problems could lead to issues affecting other companies, including AMS, which supplies 3D sensing modules for the iPhone X.
$500 iPhone coming this year
TSMC is currently struggling with high inventory levels given App… (read more)
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