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10/4, 7:32 AM (Source: TeleTrader)
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Apple boosts iPhone 11 production - report

Apple increased the production of its iPhone 11, Nikkei Asian Review reported on Friday, adding that the California-based tech giant asked for an additional 8 million units of the model to be manufactured. The order to suppliers raises Apple's iPhone 11 production by around 10%.

According to people familiar with the matter, iPhone production will increase in 2019 compared to the previous year as a result of the move. Initially, Apple had placed fewer orders than last year and suppliers expected lower demand.

The iPhone 11 is seen as Apple's budget-friendly option. The phone that costs $699 was released in the US on September 20.

Breaking the News / VP