Foxconn expects supply chain issues to be resolved by the second half 2022

San Francisco, Nov 13 : Apples largest manufacturing partner Foxconn said the global supply-chain crunch is expected to last until the second half of next year, a sign of headwinds that electronics shipments could continue to face.San Francisco, Nov 13, 2013 : .

Foxconn, Apples largest manufacturing partner, said that the global supply-chain crunch will continue until the second half next year.This is a sign that there could be headwinds for electronics shipments.

Foxconn, the worlds biggest electronics contract manufacturer, also said it expects its October-December consumer electronics revenue to decline on year, citing the component shortages that the industry has been grappling with, reports The Wall Street Journal.Foxconn, the largest electronics contract manufacturer in the world, said that it expects that its October-December consumer electronics revenues will decline year over year.

This was attributed to the shortage of components the industry is currently experiencing, according to The Wall Street Journal.Tech giant Apple has been dealing with the chip shortage for the past several quarters, but it only started significantly impacting Apples business in the most recent quarter.

Apple, the tech giant, has dealt with chip shortages for several quarters.However, it started to have a significant impact on Apples business only in the most recent quarter.

The shortage of specific components and production constraints related to the ongoing public health crisis have impacted iPhone, iPad, Apple Watch and Mac availability, citing WSJ, MacRumors reported.Apple Watch, iPhone, iPad and Mac availability have been affected by a shortage of certain components and production constraints due to the ongoing public healthcare crisis, according to MacRumors and WSJ.Apple said that this past quarter, the shortages cost it $6 billion and it expects the impact to be even more significant for the holiday season.Apple stated that the shortages in the quarter ended June 2017 cost Apple $6 billion.

It expects the holiday season to have a greater impact.Foxconn is Apples largest supplier for the iPhone, and while some reports suggest that production is improving, its still a length away from being entirely normal, the report said.

Foxconn is Apple’s largest supplier of the iPhone.While some reports indicate that production is improving it is still far from being normal, the report stated #Foxconn #supply #chain #resolved.