Apple reportedly cuts iPhone 17 production as hardware costs surge

Apple has reportedly reduced its demand forecast for the standard iPhone 17 due to rising hardware costs, according to a Chinese source on Weibo. Production lines that initially planned a 15 percent reduction have now shifted toward suspending around one-third of their capacity. The report suggests Apple is conducting a serious internal assessment of how increased component prices could affect consumer demand. Global hardware costs have surged because AI companies are aggressively expanding data center infrastructure, driving up prices for memory and storage chips. Apple has already raised prices across several product lines, and analysts expect the upcoming iPhone 18 Pro launch to serve as a moment for a broader price increase across the entire iPhone lineup.

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