Global chip shortages to hit iPhone 12 production

The higher demand and supply chain constraints caused by the pandemic are causing a global chip shortage that affects pretty much every industry that needs semiconductors. Industry analysts suggest that the automotive industry has taken the biggest hit and the issue will deepen in the consumer electronics market as well. That means Apple's iPhone 12 production could suffer too. Earlier this month, a Microsoft representative said that chip shortages will continue throughout the first half of 2021 while AMD's CEO, Lisa Su warns that this would be the norm during the whole 2021. And...

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