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Apple To Increase iPhone 13 Prices To Compensate Hike In Production Costs; Launch In Mid-September

Apple To Increase iPhone 13 Prices To Compensate Hike In Production Costs; Launch In Mid-September

The buzz around iPhone 13 lineup is getting louder as the launch date nears. Those who are planning to buy a new iPhone could have to shell out more this time. Apple is considering increasing the price of the iPhone 13 lineup. This increase is mainly because of the jump in production costs. The rise in chip production costs has resulted in a hike in the overall cost of the iPhone. The company aims to compensate for this increased production cost by raising the price of the upcoming iPhones. Reports suggest that the company behind the supply of chips for iPhone has increased the cost. This decision has impacted several of its clients including Apple. Taiwanese multinational TSMC supplies chips to Apple.

The Taiwanese company has increased the costs of chips by 20 percent. This is due to the use of advanced and mature process technologies for production. TSMC is using advanced sub-7nm process technologies. Therefore, it is most likely that Apple will sell iPhone 13 lineup at an increased rate so that it can check the impact on its profitability. In a likely situation, iPhone 13 models could carry an increased price tag of three to five percent. The Cupertino-based company could launch the next iPhone lineup in September. The new series will probably be in the line with iPhone 12. The iPhone 13 family will have four models. While iPhone 13 Mini will measure 5.4-inch, iPhone 13 and iPhone 13 Pro will sport a 6.1-inch display each. The fourth model iPhone 13 Pro Max will come with a display of 6.7-inch.

Two of the models, iPhone 13 and Pro will feature Wi-Fi 6E. Apple has said that the performance will be enhanced and it will lower the latency. All four models will be equipped with 25W fast-generation technology. Notably, the current iPhones in the market support 20W of fast charging. All the USB C power adapters also have the support for 20W. The series will sport the LiDAR sensor. Apple has dropped hints that the iPhone 13 will be unveiled on September 14. The pre-orders will begin on September 17. Apple will begin the sale in the market a week later. Notably, iPhone 13 is listed on an e-commerce platform in China, triggering talks that the launch is just a few days away from now.

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