World’s Largest iPhone Assembler Says Parts Shortages Are Easing
- Taiwanese company sees major supply improvement this quarter
- First-quarter sales set to be little changed year-on-year
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The biggest assembler of iPhones said component shortages that have plagued electronics production for more than a year are showing signs of easing, a potentially encouraging signal for manufacturers across industries.
There will be a major improvement in parts shortages in the first quarter, with “overall supply constraints” set to ease in the second half, James Wu, a spokesman for Hon Hai Precision Industry Co., said during a company event in Taipei on Thursday.