Apple Faces Shortages in Iphone 12 Power Chips
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San Antonio Express-News | ExpressNews.com | Friday, November 6, 2020 | B5 BUSINESS Apple faces shortages in iPhone 12 power chips By Debby Wu quarters, the people said. from Qualcomm Inc. for the 5G and Giles Turner Power management is more im- modem. BLOOMBERG portant in the iPhone12 than for its There’s also a power manage- predecessors, given additional ment part designed by Apple in Apple Inc. is grappling with a camera features and 5G capabili- this handset. In 2018, Apple ac- shortage of vital chips that manage ties, increasing Apple’s need for quired technology and other as- power consumption in iPhones these components. It recently sets from Dialog Semiconductor and other devices, people with launched four 5G models, and ana- PLC for $600 million to build its knowledge of the matter said, lysts expect strong consumer de- own power management chips. complicating its ability to meet mand for the devices. During a re- The disruption to iPhone pro- holiday demand for the latest ver- cent conference call with analysts, duction comes amid questions sion of its marquee gadget. Apple CEO Tim Cook warned over Apple’s ability to galvanize It’s unclear to what extent the about supply constraints for the demand for its newest gadget in bottleneck may limit iPhone avail- iPhone 12, Mac, iPad and some Ap- China after its worst quarterly rev- ability during its crucial launch ple Watch models — although he enue performance there since quarter, typically Apple’s busiest. didn’t specifically mention power 2014. Investors are concerned that Despite the shortfall, suppliers are management chips. the company is losing momentum likely to prioritize Apple and its Supply issues for the iPhone are to homegrown rivals such as Hua- power-hungry iPhone 12 over oth- Brooks Kraft/Apple Inc./AFP via Getty Images “not asurprise” because Apple has wei and Xiaomi Corp. in one of its er customers lining up for scarce CEO Tim Cook speaks about 5G during an Apple event. Apple just begun to ramp up production, most critical markets. parts, said the people, who asked Inc. is dealing with a shortage of vital chips that manage power the CEO said. “It’s hard to predict” In the U.S., a Apple’s website not to be identified discussing pri- consumption in iPhones and other devices. how long the supply constraints shows that new iPhone 12 Pro or- vate matters. will last, he added. An Apple ders won’t arrive to customers un- Increasing demand for silicon percent more chip content versus tions. spokesman declined to comment. til the end of November or early acrossarangeof productsand sup- 4G. That and uncertainty over the The stockpiling compounds lin- Apple has multiple power man- December, while the regular ply chain disruptions from CO- course of the pandemic is spurring gering issues across a global elec- agement chip suppliers, according iPhone 12 isn’t showing any delay. VID-19 are the main causes of the customers to store up components tronics industry still recovering to a recent report from iFixit. The Many iPad models are showing de- shortage, according to the people. for fear of running out, especially from rolling lockdowns that iPhone 12 Pro uses a component liveries between mid-November Main Apple chipmaker Taiwan after major smartphone maker snarled transportation routes and from Texas Instruments Inc. to and the end of the month, while Semiconductor Manufacturing Huawei Technologies Co. had cut off workers from factories ear- control power to the camera sys- some Apple Watch models are Co. said last month that 5G smart- stocked up massively ahead of a lier this year. Disruptions are ex- tem, along with a similar chip from showing delivery times in late No- phones require 30 percent to 40 September deadline for U.S. sanc- pected to persist over the next two STMicroelectronics NV and one vember. percent of California’s total increasing its West Coast re- NUSTAR biodiesel fuel in the first newables business through From page B1 three months of 2020. The 2023. company also handled 15 NuStar units closed sulted in the nonoperational percent of the state’s etha- Thursday priced at $9.99, charge, the loan itself nol and 30 percent of its re- down 16 cents from the pre- bridged us through a tough newable diesel. vious day’s close. The com- time period with mission- “That’s an impressive pany’s stock price has fallen critical liquidity to weather share of a key market that by nearly a third over the the storm in the first half of we have achieved with a rel- last three months. 2020,” NuStar CFO Tom atively modest investment,” Shoaf said. “We are pleased Barron said. He added that diego.mendoza-moyers@ to have put this COVID-relat- NuStar expects to continue express-news.net ed issue behind us.” NuStar operates 10,000 miles of pipelines and 75 ter- minal and storage facilities that distribute crude oil and Cellco Partnership and its controlled NOTICE OF PUBLIC HEARING affiliates doing business as Verizon CONDUCTED VIA ZOOM refined products. Wireless (Verizon Wireless) is proposing TO DISCUSS EDGEWOOD INDEPENDENT to collocate antennas on two existing SCHOOL DISTRICT’S The company beat Wall buildings in San Antonio, Bexar County, State Financial Accountability Rating. Street expectations for the David Paul Morris /Bloomberg file photo Texas. Project 6120009392 will consist of collocating antennas at 69.6 feet on a Edgewood Independent School District quarter, driven by better- Fuel storage containers stand at the NuStar Energy LP Selby Terminal in 117-foot building at 100 Montana Street, will hold apublic hearing on zip code 78203. Projects 6120009394, Tuesday, November 17, 2020 at 5:45 p.m. than-expected performance Crockett, Calif., in this photograph from April. 9120009398, 6120009403, 6120009404, The public hearing will be conducted via and 6120009405 will consist of zoom, which will be initiated from the in its storage and pipeline collocating antennas at various heights District Conference Center businesses, analysts at the lines earned $83.8 million in and NuStar executives said those.” not to exceed 72.1 feet on the 104-foot 1930 Herbert Lane building at 900 E. Market Street, zip code San Antonio, TX 78227 St. Louis-based investment operating income, down they expect the volume to The firm said it has cut 78205. Public comments regarding po- The zoom link is as follows: tential effects from this site on historic Join Zoom Meeting bank Stifel wrote in a note to from $87.8 million a year increase further in Novem- costs this year by 22 per- properties may be submitted within 30- https://esc-20.zoom.us/j/83823974240 investors Thursday. ago. The storage segment ber. cent, and announced Mon- days from the date of this publication to: Projects 6120009392, 9394, 9398, 9403, Meeting ID: 838 2397 4240 The company saw slightly generated $48.8 million in “In the middle of the lock- day it was selling its Texas 9404, and 9405- MB c/o EBI Consulting, One tap mobile 6876 Susquehanna Trail South, York, PA +13462487799,,83823974240# US less oil and refined products operating income, up 28 downs, we were spared City terminals for $106 mil- 17403, [email protected], or (Houston) via telephone at (617) 909-9035. +12532158782,,83823974240# US flow through its pipelines percent from $37.9 million some of the deeper cuts in lion. (Tacoma) this quarter compared with last year. demand because of the ru- NuStar currently carries _________________ Notice of Proposed Goals for the Partici- The purpose of the meeting the same period last year. NuStar officials said ral nature of a lot of our as- $3.6 billion in debt. NuStar pation of Airport Concessions Disadvan- is to inform Edgewood taged Business Enterprises in Department Independent School District’s community But NuStar’s oil storage they’ve seen demand for re- sets,” said Danny Oliver, ex- executives said the goal is to of Transportation Assisted Contracts at of its SUPERIOR rating based on School San Antonio International Airport Financial Integrity Rating System of Texas business has been up for the fined oil products fully re- ecutive vice president of reduce the company’s debt, (FIRST), the Texas Education Agency’s year — after oil prices turn to prepandemic levels. business development. “We relying more on internal As required by Section 49 Code of Federal system developed to monitor and improve Regulations, Part 23, the City of San An- the management of the District’s plunged earlier this year In the second quarter, have a few assets that serve cash flow for capital proj- tonio hereby publishes proposed overall financial resources. goals for its Federal Aviation Administra- and producers sought to from April through June, some large urban areas like ects and other expenses tion (FAA) Airport Concession Disadvan- taged Business Enterprise (ACDBE) Pro- VIRTUAL HEARING store their crude oil until NuStar moved 401,000 bar- Dallas, Denver and Phoenix than borrowed money. gram, for San Antonio International Air- prices rose. In response, rels per day through its that continue to lag a little NuStar CEO Brad Barron port. The proposed overall goal in Federal TO PROTECT THE HEALTH OF THE PUB- Fiscal Year (FFY) 2021 through Federal LIC AND LIMIT THE POTENTIAL SPREAD NuStar maxed out its 75 mil- Permian Basin pipelines. bit. But our volumes down also touted the company’s Fiscal Year 2023 is 27% for the participa- OF COVID-19, THE BUILDING STAND- tion of ACDBEs in San Antonio Airport ARDS BOARD WILL HOLD THIS MEETING lion-barrel storage capacity. This quarter, that rose to in the Rio Grande Valley West Coast logistics net- System’s non-car rental concessions and VIA VIDEOCONFERENCE.