{"id":798239,"date":"2021-03-31T09:45:33","date_gmt":"2021-03-31T09:45:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/2021\/03\/31\/foxconn-warns-components-shortage-will-last-until-at-least-next-year\/"},"modified":"2021-03-31T09:45:33","modified_gmt":"2021-03-31T09:45:33","slug":"foxconn-warns-components-shortage-will-last-until-at-least-next-year","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2021\/03\/31\/foxconn-warns-components-shortage-will-last-until-at-least-next-year\/","title":{"rendered":"Foxconn warns components shortage will last until at least next year"},"content":{"rendered":"<p>Apple supplier and the world&#8217;s biggest contract electronics manufacturer Foxconn has claimed that the ongoing global shortage for electronic components will last until at least 2022.<\/p>\n<p>According to Young Liu, Foxconn&#8217;s CEO, the company won&#8217;t be able to fulfill some of its orders due to those shortages, which he expects will last until at least the second quarter of next year, Nikkei reports.<\/p>\n<p>&#8220;In the first two months of the first quarter, the impact (of the shortage) was not so palpable, but we are gradually seeing that change,&#8221; Li said.<\/p>\n<p>He also quoted research reports and said the shortage will likely persist until 2022.<\/p>\n<p>Foxconn, which is listed on the Taiwan Stock Exchange under the name Hon Hai Precision Industry, is the world&#8217;s largest contract electronics manufacturer.<\/p>\n<p>It assembles electronics gadgets and makes components for all of the leading tech brands globally.<\/p>\n<p>Earlier, Foxconn saw slowdowns in manufacturing due to the Covid-19 pandemic, following mandatory government shutdowns and quarantined factory workers, leading to a later-than-usual November launch for Apple&#8217;s iPhone 12 lineup.<\/p>\n<p>Apple has also reportedly started sending foldable iPhones to its assembly partner Foxconn for testing purposes with a possible release in September 2022.<\/p>\n<p>Testing involves evaluating the use of OLED or Micro-LED display technology, &#8220;because the choice of either screen will affect the subsequent assembly methods&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple supplier and the world&#8217;s biggest contract electronics manufacturer Foxconn has claimed that the ongoing global shortage for electronic components will last until at least 2022. According to Young Liu, Foxconn&#8217;s CEO, the company won&#8217;t be able to fulfill some of its orders due to those shortages, which he expects will last until at least the second quarter of next year, Nikkei reports. &#8220;In the first two months of the first quarter, the impact (of the shortage) was not so palpable, but we are gradually seeing that change,&#8221; Li said. He also quoted research reports and said the shortage will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-798239","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=798239"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/798239\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=798239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=798239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=798239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}