Foxconn responds to rumors of iPhone SE cut orders

Apple plans to reduce the production of the iPhone SE in the second quarter by 20% compared with the original plan. This afternoon, Foxconn responded to a reporter from the China Securities Journal: "I don't comment on market rumors." It is reported that Foxconn is the largest contract manufacturer of Apple's iPhone.

Nikkei reported yesterday that Apple will cut production of the iPhone and AirPods, with plans to cut production of the iPhone SE next quarter as demand for consumer electronics has fallen amid uncertainty over the conflict in Ukraine and looming inflation, sources said. Production was cut by 20% from the original plan.

In addition, Apple analyst Ming-Chi Kuo also said on Twitter that due to lower-than-expected demand for Apple's new iPhone SE, he lowered its shipment estimate for this year, and the shipment is estimated to be reduced to 15-20 million units. Apple released the 2022 iPhone  SE 5G mobile phone on March 9. The machine is equipped with an A15 bionic chip and supports a 5G network, starting from 3499 yuan.

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