Home > Tumble In Apple Lens Maker Share Prices Trigger Wave Of Drops In Other Suppliers

High tech
Tumble In Apple Lens Maker Share Prices Trigger Wave Of Drops In Other Suppliers


Apple suppliers took a beating Thursday after the Taiwanese iPhone lens maker Largan Precision reported a big decline in sales. According to Business Insider, it's the latest supplier to fall under pressure as fears of a slowdown in the smartphone market grow. Apple shares fell more than 2% in premarket trading. Largan Precision shares tumbled nearly 10% in premarket trading after the company reported a 29% drop in November revenue compared to the same month last year.

Added on the 06/12/2018 10:18:26 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Apple Drops USB-C Dongle And Accessory Prices

    With the iPhone 7, Apple removed the headphone jack, much to the chagrin of audiophiles. The newly announced MacBook Pro has a whopping six USB Type-C ports. That’s great! However, those are all the ports it has. USB Type-C is a definite improvement because the plug is reversible, it’s faster, delivers more power, and can output almost any kind of signal. Right now, it means you’ll need a lot of adapters. The outcry was swift after the new MacBook went on sale. Apple was making a killing on all those dongles, but it has now relented and lowered the prices. Some of Apple’s first-party adapters have seen price drops as high as 50%. In addition to the drop in dongle cost, Apple is lower prices on all USB Type-C and Thunderbolt peripherals by 25% through the end of the year.

    08/11/2016 - Wochit
  • Stock Prices of Gun Companies Rise After Orlando Shooting

    On Monday morning, as the stock market opened for the first time since a shooter killed 50 people in an Orlando gay nightclub, shares of U.S. gun manufacturers were surging, as fears took hold that yet another mass shooting might lead to a crackdown on gun ownership. Monday trading ended with shares in Sturm, Ruger & Company, America’s largest publicly-traded gunmaker by market cap, up nearly 9% from Friday. Meanwhile, competitor Smith & Wesson’s shares ended up nearly 7% and ammunition maker Vista surged 3% when trading opened Monday, though it ended they day up just a few points.

    13/06/2016 - Wochit
  • Share prices slump as oil prices tumble to new lows


    20/01/2016 - Euronews EN
  • Gwyneth Paltrow scolded by daughter for sharing picture without permission

    Gwyneth Paltrow just got a good telling off from her daughter Apple, for sharing a picture of them on Instagram without her permission.

    26/03/2019 - Cover Video EN
  • iPhone — Share photos even without WiFi or data — Apple

    Easily share files from one iPhone to another, even without Wi-Fi or data. AirDrop. That's iPhone. Discover more iPhone tips here: https://apple.co/2tSG7jT.

    06/03/2019 - Apple
  • Microsoft Promotes Windows 10 Upgrade With Free Computers

    Microsoft is going to great lengths to get users to upgrade to Windows 10. Their latest is giving away free laptops. The promotion works by going into a Microsoft store and letting one of the company's techs handle the upgrade process. Customers with computers running Microsoft 8 and which meet certian hardware requirments can drop it off their machines by noon and if the upgrade to Windows 10 i snot finished by the end of the day.by the end of the business day, customers will receive a free Dell’s Inspiron 15, worth $250.

    19/07/2016 - Wochit

More videosHigh tech