The combined sales of nine Apple suppliers in Taiwan fell 4.8% in February, a two-year low. Taiwanese tech companies as a whole saw their first year-on-year decline for 15 months.
The poor performance is being blamed in part on ‘lackluster iPhone X demand’ …
The Nikkei Asian Review carried out the analysis.
It notes that the shorter month and Lunar New Year break both impact February revenues, but don’t explain a year-on-year drop.
The paper also says that January revenues were strong, saying that the higher production cost of the iPhone X will have played a role despite what is widely reported to be disappointing sales.
It had earlier been reported that Apple had halved Q1 orders for the phone to 20M units, but some analysts believe that shipments will be even lower.
Citi analysts went even further recently, predicting Q1 sales of 14M units.
Taipei photo: WallpaperUP
