Apple Bites the Dust in Asia: Suppliers Plummet After Downgrade Rocks iPhone Giant
Important Points Following Barclays’ downgrading of Apple due to fears about sluggish demand, shares of Apple suppliers fell on Wednesday in Asia. The sophisticated processor manufacturer used in Apple products, TSMC, saw a more than 2% decline on Wednesday morning. Foxconn, an iPhone assembler, saw a 1.33% decline on Wednesday morning. The majority of semiconductor … Read more