Nov 29 2013, 10:32am CST | by Bijon Kumar Pramanik
Apple Balla reports that more than 300,000 Foxconn’s employees in the factory in Zhengzhou, China are working exclusively on iPhone 5S. Analyst Gene Munster, who works for Piper Jaffray, writes that the increased production will allow Apple to quickly catch up with the demand for iPhone 5S. Currently, people who bought their phones online expect to wait for their units up to three weeks. Soon the waiting time will be cut to three to five days. Some stores, which were forced to take reservations from their customers waiting for iPhone5S are now lifting these restrictions.
With the 500,000 iPhone 5S per day, Zhengzhou factory reached its maximum capacity. The rumor that Apple is planning on diversifying its Asian supply chain is making Foxconn reluctant to increase the number of plants used for the manufacture of iPhone 5S. They justifiably fear that Apple might decide to give future jobs to Foxconn’s competitor’s Wistron or Peatron. Rumors are that Apple wants to cut its dependence on Foxconn.
Bijon Kumar Pramanik
Bijon Kumar Pramanik is an experienced technology writer working since years in the consumer electronics field.
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