Love to play computer games On November 13, it was reported by the foreign media PhoneArena that Apple began to reduce production of new iPhones because the sales of new iPhones were not as expected. The supply chain expressed "shock" at the reduction of Apple's orders, because for some semiconductor, display screen, camera module, circuit board and new iPhone battery manufacturers, this means that half of their business is gone. The iPhone production cut has a huge impact on suppliers.
It is reported that, LG Innotek、 Samsung's display and electronic machinery, SDI subsidiaries, as well as small suppliers such as BHI and SEMCO, have seen their revenues decline. For example, the stock price of LG Innotek fell to a 52 week low today due to Apple's reduction in the production of new iPhones. Some insiders suggested that these suppliers could focus on supplying to Apple Samsung in the past and try to cooperate with Chinese mobile phone manufacturers to achieve diversification, but this could not be changed immediately.
Because Apple has significantly cut orders for new iPhones, many analysts have lowered their sales forecasts for iPhones and lowered their stock price forecasts for Apple. Guo Mingxuan, a well-known analyst, said recently that the first year's iPhone XR shipments would be 30% lower than before, leaving only 70 million units.
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