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iPhone 14 To Break Record: Apple Orders Partners To Make 90 Million Units

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Bloomberg reports that Apple anticipates strong iPhone sales in the coming year, despite the economic downturn. 

Cupertino directed its assemblers to exceed the 90 million target for the iPhone 14. This is the same target as iPhone 13.

The company is expected to make 220,000,000 devices by 2022, the same amount as last year.

Bloomberg reports that Apple is confident that it can survive the economic difficulties other makers face in a market which saw a decline of 9% in Q2 as well as a 3.5% drop for the year. 

After the news broke, shares prices rose for Pegatron, Japan Display and TDK Corp, Taiwanese iPhone assemblers, and Murata Manufacturing.

Analysts revealed that Apple's new lineup is seeing stronger demand due to the demise of Huawei's premium devices and the general oversupply of Android devices. 

Hon Hai Precision Industry, which makes most of the iPhones, said that "sale prices for electronics products should not change in 2022".