Moneycontrol PRO
HomeNewsTechnologyApple reportedly halted M2 chip production in January

Apple reportedly halted M2 chip production in January

The M2 Chips power the MacBook Pro, Mac Mini and MacBook Air models

April 03, 2023 / 17:07 IST
(Image: Apple)

Apple reportedly stopped production of its custom M2-series processors in January. The customized chips power the MacBook Pro, Mac Mini, and MacBook Air models.

The report published by Korean publication The Elec, and spotted by MacRumors, says TSMC - Apple's production partners - did not send wafers for 5nm M2 chips in January and February. It was reportedly because Apple requested that production be stopped due to low demand for MacBooks.

Also Read | Apple likely to launch affordable iPhone SE 4 next year: Report

According to the article, TSMC sends wafer-based products to Korea's Amkor Technologies for packaging. In January and February, Amkor said they received no parts.

The production of M2 chips was resumed after February, but only at half the units, compared to the previous year.

As reported by MacRumors, Apple saw a 5% year-over-year decline in the first quarter, and also saw lower revenue across Mac and wearables. This is because there were no new Mac models being offered by the end of 2022.

Also Read | Apple wins appeal against UK's antitrust investigation

During Apple's earnings call, CEO Tim Cook  said that Apple was facing "a challenging situation" in the PC market, and said even though the company had "low share" it still had, "a competitive advantage with Apple silicon".

Cook warned investors that it was going to, "be a little rough in the short term".

Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

Moneycontrol News
first published: Apr 3, 2023 05:07 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347