SERAMBINEWS.COM – Suppliers and producers of apples in Asia (AAPL.O) declined on Tuesday (January 11, 2018) after several compensated producers warned that production would be worse than expected.
It also makes market watchers doubts about iPhone walking in several major markets.
In an article published by Reuters, several analysts and investors have expressed concern about Apple's business situation.
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This is one of them because selling iPhone products is still stagnating and is supposed to affect Apple's financial resources.
A new warning came Monday, from the maker of Apple Japan Display Inc., the British chip IQE Plc and Lumentum Holdings (LITE), the leading Face ID vendors on the iPhone.
Some Apple suppliers also influenced stock prices in Asia on the same day.
One of them, manufacturer of Taiwanese products, Taiwan Hon Hai Precision Industry Co. Ltd. (Foxconn) saw a fall in stock prices of more than 3%.
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Rivat Pegatron Corp, after loss of more than 5%.
Both companies have named Apple as the main customer.
China's largest chip maker, Taiwan Semiconductor Manufacturing Co. also recorded a fall in stock prices of 2.6%.