Last week, rumors of a possible iPhone 14 delay gained traction as a result of several COVID-19 lockdowns in China over the past few weeks. On Tuesday, Foxconn went on record to say that its outlook for the current quarter and 2022 are positive thanks to improving supply chain stability in the country.
Per Nikkei Asia, Foxconn chairman Young Liu offered the following comments to shareholders:
“The overall lockdown impact on Foxconn is rather limited. You can tell from our revenues in April, and May’s performance is also better than we estimated,” Liu said, referring to strict COVID containment measures imposed in and around Shanghai.
“Foxconn previously forecast this year would maintain a similar level from last year, after factoring in inflation, war [in Ukraine] and other uncertainties, but now we think the full year will be better than our estimate,” he added.
Foxconn was down 4 percent in revenue in April compared to the previous month, and iPhone assembler Pegatron and MacBook maker Quanta Computer saw revenues down 35 percent and 40 percent, respectively.
The iPhone 14 Pro is set to feature the A16 Bionic chip, while the regular models will likely use a revamped version of the A15 processor.
It’s also rumored that Apple will offer four iPhone 14 versions with 6.1- and 6.7-inch sizes.
Foxconn also offered the following comments regarding the COVID-19 situation in China:
We think such COVID controls will continue to happen, and it is our operational focus to make sure the facilities can keep operating.
It’s also been noted that Apple is working to diversify the production of its wares from China to other countries to offer a guaranteed supply chain.
Stay tuned for additional details as they become available.
Via 9to5Mac and Nikkei Asia