iPhone 5S Wait Time Drops as Foxconn Boosts Production

The waiting time for iPhone 5Ss has shortened significantly as major assembler Hon Hai Precision Industry Co.2317.TW +0.53% has been running its factories around the clock, adding more workers to its production lines.

AppleAAPL +2.35% is now shipping all variations of the iPhone 5S smartphones within three to five business days, compared to a two- to-three- week wait last month, according to the company’s online stores in China and the U.S.

Hon Hai, also known by its trade name Foxconn, has boosted production capacity for the iPhone 5S at the expense of the cheaper iPhone 5C as requested by Apple, people familiar with the situation told The Wall Street Journal last month. 

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