Apple Inc. is cutting back production of iPhone 14 Plus and is increasing the output of the more expensive iPhone 14 Pro due to lukewarm demand for the mid-range model, market research firm TrendForce said Tuesday.
The share of more expensive iPhone 14 Pro series has increased to 60 percent of the total output from the initially planned 50 percent, and it could rise to 65 percent in the future, the report said.
