IPhone Maker Predicts Slowing Gadget Sales Just as Holidays Loom

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IPhone Maker Predicts Slowing Gadget Sales Just as Holidays Loom

Bloomberg2021-08-12

Apple’s main assembly partner Hon Hai Precision Industry Co. projected sales of gadgets like smartphones will drop sequentially this quarter, spurring concerns that chip and component shortages may ...

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Jaden994
·2021-08-12
Pls like
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1
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- YeeMeng:
  cause for concern
  2021-08-12
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Yappie830
·2021-08-12
Like n share please
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1
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lost0star
·2021-08-12
Okay
Reply
2
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- lost0star:
  okay
  2021-08-12
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TATAN
·2021-08-12
Pls like
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8
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- ch33z3:
  OK
  2021-08-12
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- lee1234:
  ok
  2021-08-12
  Reply
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Heng8818
·2021-08-12
Hope apple stock purge
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6
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RO8
·2021-08-12
Please like. Thanks
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8
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- Jaden994:
  liked
  2021-08-12
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- Xav:
  Like
  2021-08-12
  Reply
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- Muffingal:
  Like pls. thks
  2021-08-12
  Reply
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monokey
·2021-08-12
Ok
Reply
6
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Alanshi55
·2021-08-12
Impacting apple share price?
Reply
7
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- KTinspired:
  Ops thats no Good
  2021-08-12
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- Alanshi55:
  Yayaa
  2021-08-12
  Reply
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Ktkh
·2021-08-12
Nice
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3
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Victorhc88
·2021-08-12
Like pls
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5
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- 雨天不撑伞:
  Done
  2021-08-12
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lyokel
·2021-08-12
Okk
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2
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Carterho99
·2021-08-12
Like pls
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2
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- rooot:
  ??
  2021-08-12
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JoshyQ
·2021-08-12
Like
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3
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Unicorn82
·2021-08-12
Done
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4
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Unicorn82
·2021-08-12
Price to drop?
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3
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PanaCota
·2021-08-12
Why? I want to buy iPhone
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6
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Gyon888
·2021-08-12
pls help like
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- Unicorn82:
  Ok
  2021-08-12
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doubleDees
·2021-08-12
Like please, thanks.
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- lyokelReplying toALDX:
  done
  2021-08-12
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- ALDX:
  Ok
  2021-08-12
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- Gyon888:
  done
  2021-08-12
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Cubic
·2021-08-12
Latest
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- Cubic:
  Latest
  2021-08-12
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The downbeat projection caught analysts by surprise, given the third quarter is often the peak production season for a global electronics industry thatscrambles every year to get devices in front of shoppers before the year ends.\nThe forecast raises questions about whether brands such as Apple, which is preparing to bring out the latest iPhone, will be able to meet demand fueled by the pandemic. A persistent shortage of chips and other parts is weighing on the output of iPhones, gaming consoles and servers, while consumers continue to snatch up devices for remote work, home-schooling and entertainment needs.\nApple warned analysts about a component shortage in April and said in late July that supply constraints will affect the iPhone and iPad in the current quarter. Hon Hai Chairman Young Liusaidin May that component shortages will affect shipments by 10% this year. 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It agreed to acquire a mature 6-inch wafer plant from Macronix International Co., and is setting upa chip joint venture with Yageo Corp.\nThe company, the flagship unit of Foxconn Technology Group, is also targeting electric vehicles to diversify its business beyond making gadgets for Apple, which accounts for about 50% of its revenue.\nThe company will build electric-vehicle plants in various regions, including the U.S., where it is still looking for a production site, Liu said. It plans to start mass production of EVs in Thailand and the U.S. in 2023, he said. The company may consider setting up an EV plant in Europe, Liu said.\nFoxconn has created an open EV platform, inked a manufacturing deal with U.S.-based Fisker Inc. and reached an agreement to partner with Stellantis NV on a joint venture to develop digital car cockpits. 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