Apple iPhone 14 Series Could See Price Hike: Supply Chain Report

Last Updated on July 6, 2022 by Anu Joy

The Apple iPhone 14 is reported to launch in a few months, and there’s no dearth of rumours and speculations surrounding the upcoming iPhone. Now, a fresh report claims that this year’s iPhone 14 series could see a significant increase in price.

Supply Chain Issues Could Affect iPhone 14 Price

As per a Bloomberg report, a company that supplies materials for Apple’s main chip maker TSMC predicts that iPhones will see a major price hike. Japanese chemical supplier Showa Denko K.K says, “A big theme this year common to all the players in the materials industry is how much cost burden we’d be able to convince customers to share with us. The current market moves require us to ask twice the amount we had previously calculated.”

Chief Financial Officer Hideki Somemiya stated that there have already been many hikes this year owing to factors such as COVID-19 affecting the supply chain. Moreover, the yen’s poor performance and increasing energy costs due to the Ukraine war have added to the company’s woes. Somemiya does not see the situation improving until at least 2023.

iPhone 14 Series Expected Price

According to rumours, the iPhone 14 price is said to start at $799, whereas the iPhone 14 Max could cost $899. On the other hand, the iPhone 14 Pro models could exceed the $1,000 mark, with the iPhone 14 Pro rumoured to start at $1,099.  Reports suggest that the iPhone 14 Pro Max could be priced at $1,199.

iPhone 14 Rumoured Features

When it comes to displays, the iPhone 14 and iPhone 14 Pro could sport a 6.1-inch display. Whereas the iPhone 14 Max and iPhone 14 Pro Max could flaunt a 6.7-inch display. Additionally, this year’s iPhone lineup is rumoured to get massive camera upgrades.

The iPhone 14 Pro and the iPhone 14 Pro Max will reportedly be powered by the A16 Bionic processor. On the other hand, the iPhone 14 and the iPhone 14 Max could retain the same A15 Bionic processor used in the iPhone 13 lineup.