Shipments of Apple’s iPhone 14 series fell to 78.1 million units this year

At the “Far Out” event on September 7, 2022, Apple officially released the iPhone 14 series of smartphones, including four models: iPhone 14, iPhone 14 Plus, iPhone 14 Pro, and iPhone 14 Pro Max. Among them, the 5.4-inch mini models of the past two generations were replaced by the iPhone 14 Plus, and the new lineup consists of two 6.1-inch and two 6.7-inch models.

iPhone 15 Dynamic Island

TrendForce released a new report today, showing that due to the continuous impact of the epidemic on Foxconn’s Zhengzhou factory since October, the capacity utilization rate of the base has yet to rise above the level of 70%. At this time, it is the sprint period of Apple’s iPhone 14 series. Among them, the iPhone 14 Pro and iPhone 14 Pro Max have increased the proportion of production due to their popularity in the market. Even if Foxconn’s Shenzhen factory supports production, it is still difficult to meet demand. It is expected that the shipment of the iPhone 14 series will be reduced to 78.1 million units in 2022.

Foxconn has always been the exclusive assembly plant for the iPhone Pro series, but based on risk management, Apple has been interested in finding other foundries and trying them out on the iPhone 14 Pro series. It is understood that Apple has identified Luxshare as the second foundry for the production of iPhone Pro series models, and will enter the ranks of the iPhone 15 Pro Max assembly supply chain. Luxshare’s iPhone production line is in China, and its Vietnam factory mainly produces Apple peripherals, and there is no iPhone production line plan for the time being.

Out of consideration for the international situation, Apple decided to expand overseas production bases. In addition to planning to double India’s production capacity next year, Vietnam will also be included in the plan from mid-2023. It is expected that the proportion of Apple’s manufacturing in India and Vietnam will increase from 30% to 35% in the next few years.

Due to factors such as the adjustment of the epidemic prevention policy and the approach of the Chinese Lunar New Year, coupled with the impact of the global economic downturn and the lack of workers in the Apple assembly industry chain, the sales of Apple’s iPhone product line will further decline in the future. TrendForce expects sales of the iPhone product line to drop to approximately 47 million units in the first quarter of 2023, a year-on-year decrease of 22%.