Apple iPhone 12 series has become quite popular and the device is in huge demand. This helped the Cupertino-based giant taken on Samsung to become the world’s leading smartphone vendor last year. However, the South Korean giant has now regained the top spot globally, pushing Apple to the second position.

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Now, a new report claims that Apple contract manufacturer Foxconn has said that the shipments for the devices may be decreased by 10 percent due to the on-going global shortage of chipsets. But Foxconn Chairman Liu Yangwei has said that the company is “cautiously optimistic” about the outlook for the rest of the year.

For those who are unaware, Foxconn is responsible for assembling iPhone models for Apple. In the statement, the company has not mentioned Apple but it is the company’s biggest client. The company has stated that it “has a rather limited impact on orders received a long time ago.”

Foxconn expects the shortage to continue into the second quarter of 2022. While Apple’s resources are better than other companies plagued by chip shortages, the company may face troubles if the chip problems continue.

In related news, Apple supplier Wistron has resumed iPhone production in its factory located in India. A few months ago, the company was placed on probation by the iPhone maker, after violence had struck its facility in India.

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