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

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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

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