The USD/RMB exchange rate is reaching close to the 7.0 mark due to the ongoing trade wars between the US and China in 2018 and their increasingly tense relationship. With the undesirable exchange rate, the sales of the new iPhones in China will be negatively impacted in the near future.
Their impacted sales will prompt Apple to lower its entire iPhone production volume in 2018, which will in turn limit their shipments for the entire year, according to #TrendForce.
At best, Apple’s annual iPhone shipments for 2018 will only be the same as last year’s. According to #TrendForce, the new iPhones are expected to come with a newer and much more improved Face ID technology. The new Apple handset is also likely to equip an improved camera with AR features.
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