Thank you. This is very helpful.
shaliniAtJiobit
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Was running into the same issue with XCode 11.7 & iOS 14.0, restarting phone/mac did not help.
I added Device Support files for iOS 14 under XCode.app/Contents/Developer/Platforms/iPhoneOS.platform/DeviceSupport
Device support files for different iOS versions are available on github under filsv/iPhoneOSDeviceSupport
Hope this is useful.